China emerging energy development p lan to add RMB5 trillion investment

China emerging energy development p lan to add RMB5 trillion investment

中國新能源發展規劃投資將增5萬億

China's National Energy Administration(NEA)is organizing formulation of the 2011-2020 plan on development of emerging energy indusrty(which includes new energy，nuclear power and unconventional natural gas，ext.)in order to promote development of the emerging energy industry and fulfill the carbon emission reduction target by 2020.Based on the plan，the country will increase direct investment in the industry by RMB5 trillion in the next decade.

It is learned the plan will make clear arrangement of specific implementation roadmap，development scale and major policies and measures for new energy such as advanced nuclear power， wind energy， solar energy，bionadd energy， terrestrial heat and unconventional natural gas，development and utilization of renewable energy，and industrialization of energy new technologies such as clean coal， smart grid， distributed energy，and vehicle-use new energy.Based on a preliminary estimation，the implementation of the plan will help the country reduce sulfer dioxide discharge by about 7.80 million tons in 2020，and carbon dioxide by about 1.2 billion tons.

A ccording to NEA's forecast，China's utilization of natural gas is likely to reach 260 billion cubic meters in 2015，with the share in the total energy consumption increasing from the present 3.9%to about 8.3%;and the share of hydropower and nuclear power in the primary energy consumption will wise from the present about 7%to nearly 9%.The utilization of hydropower is predicted to reach 250 million kilowatt hours，and that of nuclear power to hit 39 million kW.The share of wind power，solar energy and biomass energy in the primary energy consumption will go up from the present 0.8%to about 2.6%.The utilization of non-hydropower renewable energy will reach 110 million tons of standard coal，with the proportion in the aggregate primary energy consumption up 1.87 percentage points.The use of nonfossil energy in the total primary energy consumption is likely to reach about 11%by 2015.

In order to achieve the target of bringing the nonfossil energy consumption to 15%of the total by the year of 2020，China shall at least realize more than 75 million kW generation of nuclear power，more than 300 million kW of hydropower installed capacity，and utilization scale of other biomass energy including wind power and solar power shall reach more than 240 million tons of standard coal.Only by kicking off onstruction of projects for achieving the target in five years，can China ensure the operation in 2020.