Logo Background RSS

Renewable energy sources supply one third of China s energy consumption by 2050

Freight News | December 7, 2009 | View Comments
  • China’s renewable energy strategy through 2050 envisions renewable energy making up one-third of its energy consumption by then, the China Daily said, as the upcoming Copenhagen conference on climate change highlights the world’s dependence on fossil fuels.

    Coal-dependent China, the world’s biggest greenhouse gas emitter, last
    month said it would cut the amount of carbon dioxide produced for each
    yuan of national income by 40-45 percent by 2020, compared to 2005
    levels.

    Depending on economic growth projections, total emissions will still rise.

    By 2020, renewable energy should account for 15 percent of national
    primary energy consumption, supplying the equivalent of 600 million
    tonnes of coal, the China Daily said this weekend.

    It cited a renewable energy blueprint laid out by Han Wenke,
    director-general of the Energy Research Institute under top planning
    body, the National Development and Reform Commission.

    By 2030, renewable energy’s share should rise to 20 percent of the
    national energy mix, displacing 1 billion tonnes of coal, Han said, and
    by 2050, it would supply one-third of China’s energy, displacing two
    billion tonnes of coal, the paper said.

    China’s drive for renewable energy to mitigate the health and environmental costs of coal has brought its own challenges.

    Wind power generating capacity has surged so fast that policy planners
    now warn of severe overcapacity in the sector, and dam after dam piled
    on Chinese rivers distorts water flow, endangers fish and poses a
    potential earthquake hazard.

    China’s installed wind power capacity is now 12.17 million kilowatts,
    up from 350,000 kw in 2000, and large-scale solar energy facilities are
    planned, the paper said.

    China is focusing on non-grain bioethanol and biodiesel, to avoid diverting grains from food and feed supply.

    Source: Reuters

    Search to find what you want

    Loading
    • Renewable energy to 10 percent share of the energy market in China is growing by the year 2010
    •     Renewable energy will take a share of 10 percent in China’s primary energy consumption mix by 2010, predicted Li Junfeng, deputy director of the Energy Research Institute under the National Development and Reform Commission. Li also forecasted hydraulic power and wind power could account for 8 percent and 1 percent

    • China to set coal-access system
    •     Revised Coal Laws will for the first time set the industry access system for the sector, the China Securities Journal reported Monday, citing sources with the China National Coal Association. The source also said that the revision of the Coal Law and the establishment of the Energy Law were listed

    • Investment in Chinese coal and oil industries by 17 percent
    •     Fixed-asset investments in China’s electricity, coal and oil industry rose 17 percent in the first 11 months of 2009 to 1.4 trillion yuan ($205.1 billion), the official Xinhua news agency said on Sunday, quoting China’s energy chief. Zhang Guobao, head of the National Energy Agency, also said energy consumption in

    • China s energy consumption per unit of GDP by 2.2% in 2009
    •     China’s energy consumption per RMB 10,000 of gross domestic product fell 2.2% year on year in 2009, according to statistics released by the National Bureau of Statistics yesterday.

    • China\u0026#39;s largest coal producer, to coal reserves
    •     China’s National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation’s largest coal producer, to build 10 storage facilities for coal across the country, reported Tuesday’s China Daily. The newspaper said, citing a senior company executive, that the company is still picking sites for the facilities. He did

    • Expert predicts China s coal consumption to peak in 2030
    •     China will see its highest level of coal consumption in 2030 and coal will contribute 40 percent to the national primary energy consumption mix by 2050, predicted Du Xiangwan, vice president of the Chinese Academy of Engineering. Du also forecast that China’s installed capacity of nuclear power would reach 70

    • China coal power project to increase coal output
    •     China’s first large coal-electricity joint project, Huaneng Yimin Coal Electricity Corp. aims to increase its annual coal output to 20 million tones this year, reported Friday’s China Daily.  Located in Hulunbuir, Inner Mongolia Autonomous Region, the company, a subsidiary under China’s leading power generator Huaneng Group, now has an installed capacity of

    • China Jan-Sep energy yield increases: state media
    •     China’s overall energy output rose nine percent on-year in the first nine months of 2009, state media reported Tuesday, in another sign its emergence from the global slump is picking up steam. Energy output from January to September totalled 2.01 billion tonnes of standard coal equivalent, as production ramped up

    • Economist grow: increasing demand for natural gas as sharp as climate change
    •     The world’s demand on gas is expected to increase in the future as climate change concerns grow, while renewable energy is still expensive to be developed, a prominent economist said here on Friday. “Demand on gas will be the fastest among other energy sources as it’s cheaper than oil and

    • Indonesia considers export coal slowdown
    •     Indonesia, the world’s third-largest coal exporter, plans to gradually cease its coal exports to save for its future needs, says a government official. The National Energy Board, or DEN, is now putting together such a recommendation to be submitted to the government this month, state-owned news agency ANTARA reports. “Up

    • China Coal inventory is likely in the coming months, union covered
    •     China’s domestic coal inventory is likely to fall in the next three to four months due to growing coal demand and tight supply, according to Wu Chenghou, consultant with the China Coal Transportation and Marketing Association. Wu said that the recovering domestic and overseas economies are greatly boosting demand in coal.

    • China Coal inventory is likely in the coming months, union covered
    •     China’s domestic coal inventory is likely to fall in the next three to four months due to growing coal demand and tight supply, according to Wu Chenghou, consultant with the China Coal Transportation and Marketing Association. Wu said that the recovering domestic and overseas economies are greatly boosting demand in coal.

    • China s coal production, sales display upward trend from January to July
    •     China’s coal output and sales respectively gained 8.9 percent and 2.23 percent year on year in the January to July period, said Wang Xianzheng, chairman of the China National Coal Association. Meanwhile, the country’s coal imports soared 128.3 percent. According to Wang, China’s coal economy held onto steady growth for the first

    • India s coal reserves to run out in 45 years
    •     Debunking a myth that India had usable coal reserves that would last 200 years, a report from a non-government energy think tank says the country is likely to run out of usable coal reserves in about 45 years. Pointing out that the government itself has downgraded its estimation of useful

    • Not greatly affect China s strategic coal reserves and prices
    •     China is preparing to build its state strategic coal reserve, as noted in the half-year report of China Shenhua Energy Company Limited, China’s largest coal producer. Though the plan is still subject to the government’s approval, China Shenhua has drafted a blueprint to build ten national coal stockpile bases with the reserve

    Loading...

blog comments powered by Disqus
meme TopOfBlogs International Business Blogs - BlogCatalog Blog Directory Top Business blogs Join My Community at MyBloglog! Clicky Web Analytics