Analysis of China's New Energy Development in New Period of Renewable Energy Subsidy

With the rapid decline in costs, China's new energy development has entered a new period of subsidies. In order to achieve energy transition, new energy will keep playing a greater role, reflected in the installed power capacity and power generation electricity. How to improve the new energy carrying capacity of power system and promote the healthy development of new energy are still important problems, on which should be paid more attention in the future. Firstly, the changing trend of new energy generation cost has been analyzed in this paper. Then the development of new energy in the future has been pointed out. Thirdly, the comprehensive measures have been proposed to improve the accommodation capacity, and the relevant policy recommendations also have been figured out finally.