China has introduced renewable energy mandates for key industries like steel, cement, polysilicon, setting specific targets for renewable power consumption in each province.
In order to achieve carbon peak and carbon neutrality, and promote the high-quality development of renewable energy, and in accordance with the relevant arrangements of the renewable energy power consumption guarantee mechanism.
Beijing's renewable portfolio standards set out targets for the percentage of power consumption that the various industries must obtain from renewables in each province. Previously the RPS only affected companies involved in power trading and the electrolytical aluminium industry.
