August 27, 2010 / 6:06 AM / 7 years ago

FACTBOX-China's 2020 clean energy plan

 BEIJING, Aug 27 (Reuters) - China announced a 5 trillion
yuan ($736 billion) investment plan on clean energy in the next
decade, aiming to lift the non-fossil fuel component of its
supply to 15 percent of its total primary energy demand by
2020, from under 8 percent last year.
 China, already the world's largest emitter of carbon
dioxide, has also pledged to cut carbon emission in each unit
of gross domestic product by 40 percent to 45 percent by 2020
from the 2005 levels.
 The investment plan, to cover sectors including nuclear
power, wind, solar, biomass, clean coal, unconventional gas,
smart grid, distributed energy and new-energy vehicles, was
drafted by the National Energy Administration and is now being
reviewed by the State Council.
 Some Chinese media said the detailed plans were likely to
be announced as early as next month.
 Analysts said most of the $736 billion expenditure would
come from state-run firms such as China National Nuclear Corp,
China Huaneng Group and the State Grid Corporation of China.
The package should also include state grants in terms of tax
rebates or power tariff subsidies.
 Separately, China has called for accelerating construction
of dams in the next 10 years, seeing hydropower as a crucial
element in reaching its green targets.
 For a related analysis [ID:nTOE67A06W]
 Here is a sketch of the plans in terms of targeted
capacities as disclosed by government officials or Chinese
media, subject to changes pending plan finalisation.
 -----------------------------------------------------------
                                     2009~    2015     2020
 Nuclear power(GW)                      9.1       39       75
Hydropower(GW)                           196      250      300
Other renewable energy (mln t standard coal)
                                        -      110      24O
 in which:
 Wind power(GW)                         17.6       90      150
 Solar power(MW)                         160    5,000   20,000
 Geothermal, tidal power (MW)           28.1        -        -
 Biomass power (GW)                     1.09        -      30
 Non-conventional gas (billion cubic metres)
 coalbed methane                                20-30
 shale gas                                          2
 Total natgas (bcm)                       89      260      300
 Clean coal                                -        -      -
 Smart Grid                                -        -      -
 Distributed energy system                 -        -      -
 -----------------------------------------------------------
 Smart Grid: China has planned 300 billion yuan ($44
billion) of investments on ultra high voltage power
transmission networks before 2012, a key content of the "strong
smart grid" advocated by the country's top grid operator.
 The State Grid Corporation of China plans to kick off smart
grid construction from 2011 to 2015 after earmarking less than
10 percent of its 250 billion yuan annual investment on smart
grid pilot projects this year.
------------------------------------------------------------
 In 2007, the National Development and Reform Commission
announced a renewable energy plan for 2010 and 2020 with key
targets listed below. China has overshot its wind and solar
goals as a result of rapid expansions in the last few years.
------------------------------------------------------------
                                        2005~    2010   2020
Hydropower(GW)                              117      190 
  300 Biomass power(GW)                             2      5.5
 30 Wind power(GW)                             1.26       5
 30 Solar Power(MW)                              70     
300
  1,800 Tidal power (MW)                              -       -
 100 Densified solid biomass fuel(mln t)           -     
 1      50 Marsh/soil gas (bln cu. m.)                   7    
 19      44 Fuel ethanol(mln t)                        1.02*  
2^     10 Biodiesel(mln t)                           0.05  
  0.2       2 Solar water heater(mln cu.m)                 80 
150     300 Geothermal(mln t of standard coal)            -
   4      12 Renewable vs total energy                  7.5%
  10%     15% Total Investment:                          2
trillion yuan
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 - Data not available.
 ~ Actual levels.
 # Capacity above 6,000 kilowatts each.
 * use grains as feedstocks.
 ^ use non-grain crops as feedstocks
 (Reporting by Jim Bai and Chen Aizhu; Editing by Ed Lane)



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