OES Annual Report 2012 - Ocean Energy Systems

97
04 / COUNTRY REPORTS
CHINA
Dengwen Xia
National Ocean Technology Centre
INTRODUCTION
The Chinese Government has paid more attention to marine renewable energy development in recent
years. The published “Twelfth Five-Year” Plan of Renewable Energy Development outlines the renewable
energy goal till 2015. The Interim Measures for the Administration of Renewable Energy Electricity Price
Extra Subsidy promulgated jointly by the Ministry of Finance (MOF), the National Development and Reform
Commission (NDRC) and the National Energy Administration (NEA) of the People’s Republic of China
provides the electricity price extra subsidy for corporations engaged in marine renewable industries to
encourage the investment in construction of renewable energy plants. The third round of special funding
programme sponsored by the MOF and the State Oceanic Administration (SOA) of the People’s Republic
of China to implement the RD&Demo of marine renewable energy came into effect in 2012. At the same
time, the first round of special funding programme has taken initial effect.
OCEAN ENERGY POLICY
Strategy and National Targets
The Chinese Government published the “Twelfth Five-Year” Plan of Renewable Energy Development
(2011-2015) in early August 2012. The overarching target of achieving 20% of electricity generation from
renewable sources by 2015 has been proposed. Especially for marine renewable energy, the plan suggests
improving the technical level thus to escalate the utilization of marine renewable energy.
Support Initiatives and Market Stimulation Incentives
In March 2012, the MOF, NDRC and NEA jointly drew and promulgated the Interim Measures for the
Administration of Renewable Energy Electricity Price Extra Subsidy, which establishes the mechanism of
granting extra subsidy to renewable energy programmes.
Main Public Funding Mechanisms
The third round of the special funding programme sponsored by the MOF and SOA to implement the R,
D & Demo of marine renewable energy funds new projects in 2012; the total funding is ¥200 million. The
three rounds of special funding have led to the distribution of ¥600 million since 2010.
Additionally, the National Key Technology R&D programme, sponsored by the Ministry of Science and
Technology (MOST), the Knowledge Innovative Engineering of Chinese Academy of Sciences (CAS) and the
National Natural Science Foundation of China (NSFC), supports the utilization and development of marine
renewable energy.
Relevant Legislation and Regulation
There are no additional changes in the current Chinese legislation regarding ocean energy, which is defined as
the “Renewable Energy Law of the People’s Republic of China (Amendment)” implemented from April 2010.
Relevant Documents Released
In March 2012, the Chinese Government approved the National Marine Functional Zoning (2011-2020).
China has implemented the marine functional zoning plan since 2002. The new round of National Marine