The mechanism and policy on the electricity price of renewable energy in China

Abstract: With the rapid development of the society, energy demand is becoming more urgent. So it is necessary to exploit the renewable energy because of the limited conventional energy. This paper introduced the current development situation of the renewable energy, analyzed the subsidy policy and discussed the problems of the electricity price mechanisms and policies in China. Finally we got the conclusion that government should formulate more policies to encourage private and foreign enterprises to invest renewable energy industries as well as to apply the CDM mechanism. [Copyright &y& Elsevier]