China Sets Out Proposals to Underpin Its Massive Renewables Push

(Bloomberg) — China is setting out how it will prevent bottlenecks as it prepares for another record year of renewable power installations.

In recent weeks, national and local governments have announced a slew of proposals to prevent blackouts, support energy storage, bolster grid operator finances and create more flexible pricing. The payoff could be a more efficient power system that can absorb a bigger share of clean energy, according to BOCI Research Ltd.