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China Daily | Updated: 2018-12-05 07:38

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Renewable power quota system expected

China will launch a new renewable power quota system before the end of the year, the National Development and Reform Commission said on Tuesday, as part of efforts to make better use of its renewable energy resources and reduce waste. The commission said in a notice that it would work to cut renewable power wastage rates to 5 percent by 2020, down from as high as 12 percent this year. China's renewable capacity has been growing at a rapid pace, but some of it has remained idle due to grid access problems and the reluctance of local transmission companies to take on costly and sometimes intermittent sources of electricity.

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