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New Energy Stressed in China's Strategy for Next Five Years
New energy resources and renewable sources of energy will become the key field in the China 's energy strategy in the coming five years, sources with the State Development Planning Commission said Friday, August 10.
According to a plan the commission has drafted for the development of energy, China will import more advanced overseas technologies to localize and industrialize the production of wind power generating units.
By the year 2005, the proportion of coal in the consumption of primary energy is expected to drop by 3.88 percentage points from that of the year 2000, and clean energy like natural gas and hydro- electric power will increase by 5.6 percentage points.
In the next five years, China will have an average annual growth rate of 13.19 percent in the production of natural gas, 8. 38 percent in that of hydropower and 29.67 percent in that of nuclear power.
The State Development Planning Commission will soon work out a preferential price for new energy, and will adopt a quota system for renewable sources of energy.
China will step up its efforts to establish an oil and natural gas production base in the western part of the country, and start a project to transport oil and natural gas from the west to the east.
To this end, more foreign capital will be used and foreign cooperation will be expanded.
China will also build overseas oil-gas supply bases, and quicken the pace in establishing a national oil and natural gas reserve system.
China will establish model projects to promote the application of advanced technologies to clean coal and coal-bed methane production, while building 40 coal cleaning plants with a total production capacity of 100 million tons per year.
The nation's total installed power generating capacity will reach 370 million kw by 2005, and the power output will grow to 1. 73 trillion kwh.
Power grids in both urban and rural areas will be basically transformed in the five years, when the price of electricity will be lowered and different power producers will have to compete to supply electricity to customers.
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