ACORE Releases US-China Renewable Energy Market Review as President Hu Visits Washington
January 21, 2011 - The US-China Program (USCP) of the American Council On Renewable Energy (ACORE) and the Chinese Renewable Energy Industries Association (CREIA) are proud to release the second edition of the US-China Quarterly Market Review (QMR). The Winter 2011 Quarterly Market Review examines the most significant developments in renewable energy markets, finance, and policy in the U.S. and China during the last quarter of 2010. After taking a broad look at the markets in the inaugural QMR , this Review delves into specific areas of interest in recent development for industry participants and observers in the U.S. and China.
Topics covered in the Winter 2011 Quarterly Market Review include:
- How Texas' large population and strong wind resources combine to create the sixth largest market in the world, and how local policymakers are addressing transmission issues;
- The impact of the U.S. mid-term elections on congressional committee assignments and a look at what to expect from federal and state policies in 2011;
- Trends in U.S. financing of renewable energy, including investment type and project structures;
- Drivers of the Chinese wind market, with a look at the leading provinces in wind energy development;
- Amendments to China's Renewable Energy Law that encourage better coordination between energy generation and energy transmission;
- China's policies on foreign investment in the renewable energy sector;
- Private sector US-China partnerships; and
- Progress of the renewable energy collaborative initiatives launched by President Hu Jintao and President Barack Obama.
Contributors to the report consist of experts from leading firms in the U.S. and China including Orrick, Navigant Consulting, David Gardiner & Associates, GL Garrad Hassan, Covington & Burling, and Milbank, Tweed, Hadley & McCloy.
The US-China Quarterly Market Review also benefited from the support of the USCP partner companies - DuPont, GCL Poly-Energy, Orrick, and Applied Materials -as well as from the inputs of the USCP strategic advisors.
USCP is dedicated to increasing understanding of renewable energy policy, finance, and markets among industry participants and policymakers in the U.S. and China, with the aim of expanding renewable energy markets and promoting effective renewable energy policy. ACORE members that are leading voices in the U.S. and Chinese renewable energy industries are partners in USCP. More information is available at www.acorechina.org .