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According to the latest statistics from the Electricity Regulatory Commission, significant progress has been made in wind power generation in our country; The wind power installation capacity of China Guodian Group and China Datang Group has each exceeded 10 million kilowatts, while Inner Mongolia Autonomous Region has become the first province in the country to reach a wind power installation capacity of over 10 million kilowatts. In 2006, the national wind power installation capacity was only 1.87 million kilowatts, accounting for 0.30% of the total capacity. Relevant officials told reporters that the newly enacted Renewable Energy Law in our country actually eliminates the mandatory requirement for power generation companies to use renewable energy quotas. However, due to the substantial policy support available for the development of renewable energy in our country, many large power generation companies still focus on launching wind power projects in order to gain a competitive advantage in this field as early as possible. Together with advantages such as the pricing system, the prospects for wind power projects are favorable, offering substantial returns. Since 2003, the **National Development and Reform Commission has initiated bidding processes for wind power concession projects in order to promote the commercial development of wind power on a large scale. Concession bidding has led to a significant drop in the on-grid price of wind power, which has not only resolved the difficulties in selling electricity from wind farms but also promoted the localization of wind power equipment. The enactment of China’s Renewable Energy Law, along with a series of policies and measures aimed at promoting the development of renewable energy, has further driven the large-scale exploitation of wind energy resources in the country. Projections suggest that in 2007, China will add 2.4 million kilowatts of wind power capacity, bringing the total capacity to 5 million kilowatts – thus achieving three years ahead of schedule the target set by the National Development and Reform Commission of 5 million kilowatts of wind power capacity by 2010. And starting from 2008, the annual compound growth rate in this field will reach 40% over the next three years. Beyond the wind power sector, Chinese companies also made progress to varying degrees in renewable energy sources such as hydropower and nuclear energy last year. Statistics show that in 2007, the national power generation capacity reached 713.29 million kilowatts, an increase of 14.36% on a year-on-year basis. Of this, hydroelectric power accounted for 145.26 million kilowatts, representing approximately 20.36% of the total capacity; this share decreased by 0.31% compared to 2006 ; In contrast, thermal power accounted for 554.42 million kilowatts, representing approximately 77.73% of the total capacity; this share decreased by 0.9% compared to 2006 ; The national installed capacity of nuclear power has reached 8.85 million kilowatts, an increase of 2 million kilowatts compared to 2006. The total installed capacity of wind power connected to the grid nationwide reached 4.03 million kilowatts, an increase of 94.4%. In thermal power generation, companies also commonly use environmental protection equipment. Last year, 110 million kilowatts of flue gas desulfurization units in thermal power plants with a capacity of 100,000 kilowatts or more were put into operation across the country. By the end of 2007, the installed capacity of flue gas desulfurization systems in thermal power plants across the country exceeded 270 million kilowatts, accounting for about 50% of the total capacity of thermal power units in the country. Compared with the end of the 10th Five-Year Plan period, this capacity had increased by more than 53 times. Moreover, both the cost of constructing such desulfurization systems and the operating costs associated with them had dropped significantly. The cost per kilowatt for flue gas desulfurization in newly built large coal-fired power units had fallen from 1,200 yuan at the end of the 8th Five-Year Plan period to around 200 yuan today, which is roughly one-fifth of the cost in developed countries. However, Wang Yeping, deputy head of the National Electricity Regulatory Commission, pointed out that the issue of an unreasonable power structure in China remains prominent: 88% of the new power generation capacity comes from thermal power plants, the average capacity of individual units across the country is less than 70,000 kilowatts, and nearly 30% of the thermal power plants consist of units with a capacity of 100,000 kilowatts or less. This year, the Electricity Regulatory Commission will strengthen oversight of grid companies’ full purchase of renewable energy electricity and electricity pricing. Implement the \"Regulations on the Full Purchase by Power Grid Companies of Renewable Energy Electricity\", supervise power grid companies in fulfilling their obligation to purchase all renewable energy-generated electricity, and oversee the implementation of policies regarding the pricing of renewable energy electricity.