World Economic Forum β Clean Power for Industry in China: Policy Enablers for the Industrial Sector
Summary
The World Economic Forum's report, "Clean Power for Industry in China: Policy Enablers for the Industrial Sector," outlines ten policy options to enhance clean power deployment in China's industrial sector.
The report emphasizes the need for upgrading industrial energy storage to reduce installation costs and improve economic benefits, thereby expanding its adoption. It also advocates for scaling up green power consumption by optimizing market design, unifying nationwide markets, and promoting power purchase agreements. These strategies aim to reduce carbon emissions and promote sustainable development within China's industrial landscape.
Region:
Global
Published:
November 2024
Author(s):
World Economic Forum
Language:
English