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Published on : Aug 31, 2015

The report also presents an overview of the specific policies and incentives offered in the country for promoting higher adoption of cleaner and efficient fossil fuel technologies. The report sources data with the help of primary and secondary research techniques, in-house analysis, and from a number of proprietary databases.

The report states that the market for thermal power in China will be driven by the pressing need to adopt efficient fossil fuel technologies.

The report states that the global market for thermal power generation has witnessed a decent surge in the past few years owing to shifting focus to green, sustainable, and low-carbon power production methodologies. The market has seen heavy investment in research and development activities that aim at improving fossil fuel technologies capable of generating high power whilst having the least possible impact on the environment.

In China, some major power policies have been adopted in the past few years, which are based on the foundations of energy efficiency and security. This has led to the adoption of more efficient power production technologies.

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Technologies such as Combined Heat and Power (CHP) and Carbon Capture and Storage (CCS) are considered some of the most efficient technologies for reducing the amount of carbon emission. The technologies also enable the maximum production of power during the process of thermal power production.

On the global front, the U.S. and several other countries have rolled out a number of policies and regulations, such as EIEA (Energy Improvement and Extension Act) of 2008, Energy Policy Act of 2005, and Clean Energy Standard Act of 2012 for reducing the amount of carbon produced and increasing the amount of renewable power generated. In order to reduce local emissions as a result of thermal power production, China is also rapidly adopting stringent regulations promoting the use of CCS and CHP technologies.

The report presents a detailed analysis of the competitive landscape of the China thermal power market. It includes business profiles of some of the key players operating in the China thermal power market including China Datang Corporation, China Resources Power Holdings Co., Ltd., CITIC Limited, CLP Holdings Limited, Guangdong Electric Power Development Co., Ltd., Huadian Power International Corporation Limited, and Huaneng Power International, Inc. are included in the report. These companies are profiled on aspects such as an overview of the company, its business description, SWOT analysis, data regarding major products and services, and head offices.

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