Oxford Energy Podcast – Current direction for renewable energy in China
As China sets out its post COVID-19 recovery package, it is looking to ‘new infrastructure’ and ‘new urbanisation’ to economic growth and foster indigenous innovation. While these have long been tenets of the government’s economic rebalancing agenda, they have gained additional urgency as fears of a potential technological decoupling with the US rise. There is considerable debate whether this recovery package will be “green” or “brown”, but in any event, it is set to accelerate the electrification of the Chinese economy. But will decarbonisation also accelerate? In this podcast, Anders Hove and Michal Meidan discuss the drivers and contradictions in China’s renewables policy post COVID-19 and the importance of energy security, markets and technology.