China to Impose Quotas on Renewable Energy This Year, News Says

China will this year implement a quota-based system for provinces and cities that dictates the amount of renewable energy that they need to consume, buy into their grid and produce, the China News Service reported, citing Ren Dongming, director of the renewable energy development center of the National Development and Reform Commission.

The policy is to spur the consumption of alternative energy, the agency said, citing Ren.

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.