CHINA

In 2016, the Chinese Government released the “Outline of the 13th Five-Year Plan for Economic and Social Development”, emphasizing the development of the blue economy, protecting the marine environment and responding to global climate change. The “Action Plan for Energy Technology Revolution and Innovation (2016-2030)”, released by the National Development and Reform Commission (NDRC), in March 2016, aims to develop marine renewable energy demonstration projects and to establish a supply chain for marine renewable energy by 2030. 

The State Oceanic Administration (SOA) will release the “13th Five-Year Plan (2016-2020) for Marine Renewable Energy”, expecting to cover 6-8 island projects for multi-energy complementary power supply based on marine renewable energy with a target of 50 MW by 2020.The SOA and the Ministry of Finance (MOF) of China are continuing to fund marine renewable energies; a budget of RMB 100 million has been granted in 2016.