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China has leapfrogged the West to emerge as the world’s largest manufacturer of solar panels. China’s efforts to dominate renewable energy technologies raise the prospect that the West may someday trade its dependence on oil from the Mideast for a reliance on solar panels, wind turbines and other gear manufactured in China.
The Chinese government charges a renewable energy fee to all electricity users. The fee revenue goes to companies that operate the electricity grid, to make up the cost difference between renewable energy and coal-fired power.
In the United States, power companies frequently face a choice between buying renewable energy equipment or continuing to operate fossil-fuel-fired power plants that have already been built and paid for. In China, power companies have to buy lots of new equipment anyway, and alternative energy is increasingly priced competitively.
But China’s commitment to renewable energy is expensive. Although costs are falling steeply through mass production, solar energy is still at least twice as expensive as coal.
Author: Haining SunSurf New Energy Technology Co., Ltd
website:www.sunsurf.com.cn
main product:solar energy
