The National Energy Administration announced on the 8th that the fourth Sino-US Renewable Energy Industry Forum was held in Washington, DC recently. Both China and the United States believe that it is necessary to solve these common challenges by deepening cooperation, including strengthening the industrialization of advanced technologies and accelerating the application of the most advanced solar thermal power generation, smart micro-grid, energy storage and energy Internet. According to the news released by the National Energy Administration, the forum was co-hosted by the China National Energy Administration and the U.S. Department of Energy to discuss the latest development of renewable energy in China and the United States and put forward key areas for further deepening cooperation. Both parties believe that building an energy system based on renewable energy is a fundamental goal of energy transformation in the coming decades. In addition to strengthening the industrialization of advanced technologies, it also includes three aspects: First, continuously improve the exchange and cooperation mechanism, build a new energy and city exchange and cooperation platform, study and plan a higher level of new energy cities and parks, and expand the development of new urbanization Renewable energy use, from the terminal to promote energy transformation. The second is to promote the transformation and upgrading of power to jointly study the planning and design of power systems that adapt to new energy sources and the electricity market mechanism so that the power system can fully adapt to the large-scale use of renewable energy power. Third, innovating investment and financing tools, opening up channels for renewable energy and capital markets, promoting project financing and asset securitization, and reducing financing costs.
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