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China can achieve the goal of renewable energy accounting for up to 10%
04 de noviembre de 2009
Qunxing Paper Holdings has allocated RMB 563.5 million to invest in a wind farm in Inner Mongolia, aiming to diversify its business, the Standard reported, citing Chairman Zhu Yuguo as saying.
Next year, China can basically achieve the goal of "renewable energy accounting for up to 10% of primary energy". That's according to Deputy Director Li Junfeng of the Energy Research Institute of the National Development and Reform Commission (NDRC) speaking at China Energy and Environment Summit. Currently China's renewable energy accounts for 9% of primary energy. At the same time Li Junfeng confirmed to reporters, NDRC is drawing up "guidance on renewable energy development."
By the end of last year, China had a total installed wind power capacity of more than 12 GW, which put it one of the global top four. The sector has seen over 100-percent growth year-on-year over the past three years, according to the National Energy Administration. And officials estimated China's wind power capacity will be close to 20 GW by the end of this year.
In solar power, China has the world's largest solar heat concentration surface for water heating. It ranks top in the nuclear power capacity under construction.
China has also been ambitious in improving energy efficiency, calling for a 20 percent reduction in energy intensity between 2005 and 2010.
"In developing clean energy and coping with climate change, China is one of the most active governments in the world," said Li Junfeng, deputy director of the Energy Research Institute under the National Development and Reform Commission (NDRC).
Chinese President Hu Jintao raised four targets in dealing with climate change at the UN climate change summit held in New York in September, which Li said demonstrated China's attitude in reducing greenhouse gas emissions.
One of the four targets is to increase the proportion of non-fossil fuel in the nation's energy supply to 15 percent by 2020.
According to Li, the U.S. government has not set a specific target on the proportion of non-fossil fuel to total energy supply, while the EU and Japan put the target at 20 percent.
However, China's energy consumption is still growing 6 percent annually on average, while Japan and the EU are seeing consumption declining, Li told the forum.
"China has impressive policies and has made serious efforts on energy saving, energy conservation and improving energy efficiency," said Bernice Lee, Research Director of Energy, Environment and Resource Governance under Royal Institute of International Affairs. And, "China is genuinely committed to tackling the impacts of climate change, as manifested by its national strategy," she said.
Daniel Rosen, Principal of Rhodium Group and Visiting Fellow of Peterson Institute for International Economics, said China's efforts and achievements in dealing with climate change could prod U.S. Congress to increase budget on climate change measures.
He said China is doing an excellent job in exploring wind and solar energy and it would become a big competitor to the United States in the future, though it still lags behind the United States in technological innovations and venture capital.
He said that in this 10% proportion, hydropower accounts for up to 8%, followed by wind power which accounts for about 1%. The development of solar water heaters makes a significant contribution to the use of renewable energy sources. At present it has reached 150 million square meters.
It is understood the proportion of hydropower in primary energy rising from 5% at the end of 2008 to 8% next year means that in the next two years China's hydropower generation capacity will increase by 60%. That 1% of wind power means increase in wind power generation capacity will double.
"At present, we assume it is not very difficult to reach 10% next year," Li Junfeng said, "China does not have to worry about development of all kinds of clean energy being too slow, on the contrary China should pay attention to their developing too fast, including nuclear energy, wind, solar and other new energy sources. They have been developing rapidly."
Professor Liu Yijun, natural gas expert from China University of Petroleum, said China was working to adopt a market development approach for the benchmark price of natural gas. There is now a program of price reform, but China will consider the overall economic recovery situation under the economic crisis and launch it at the proper time. However, taking the differences in users into account, natural gas will not adopt a uniform pricing system.`
Liu pointed out that in the future the focus of reform lies not only in natural gas prices, but also the industrial structure of natural gas. "We hope the government will carry out structural reforms, and achieve security of gas supplies through a multi-level peak shaving."
A consortium of Chinese and American companies announced a joint venture to build a 600-megawatt wind farm in West Texas, using turbines made in China. Construction of the $1.5 billion wind farm will be financed largely by Chinese banks, with the help of loan guarantees and cash grants from the United States government.
“This wind farm project came about thanks to the openness of the United States for investments in the field of renewable energy,” said John S. Lin, chief operating officer of A-Power Energy Generation Systems, which is part of the consortium building the project.
The wind farm will be the first instance of a Chinese manufacturer exporting wind turbines to the United States, said Yang Yazhou, vice mayor of the city of Shenyang, where the wind turbines will be manufactured.
The farm, to be built on 36,000 acres in West Texas, will use 240 of its 2.5-megawatt turbines. Construction is scheduled to begin in March 2010, and the project is expected to create 300 temporary jobs and about 30 permanent jobs. Six hundred megawatts of wind power is enough to meet the electricity needs of between 135,000 and 180,000 American homes for a year.
Qunxing Paper to invest in Inner Mongolia wind farm
Qunxing Paper Holdings has allocated RMB 563.5 million to invest in a wind farm in Inner Mongolia, aiming to diversify its business, the Standard reported, citing Chairman Zhu Yuguo as saying.
The 49.3-megawatt wind farm is scheduled to be completed in March 2010. The project is expected to generate revenue in May after it starts selling energy to the national grid.
Qunxing Paper, whose original business is producing high-end decorative base paper, has been seeking new growth opportunities, said Zhu, adding that the company is optimistic about the development of the wind energy sector which is strongly supported by the government.
Ninety percent of the planned RMB 563.5-million capital expenditure will be used to purchase wind turbines, said financial controller Victor Poon Tsz-hang.
The electricity tariff of the wind farm has been set at RMB 0.54 per kilowatt hour. Under favorable official policies, the firm's wind power sales will be levied an 8.5% value-added tax, which is equal to 50% of the 17% official rate.
www.cwea.org.cn/main.asp
www.sinovel.com/index.html
By the end of last year, China had a total installed wind power capacity of more than 12 GW, which put it one of the global top four. The sector has seen over 100-percent growth year-on-year over the past three years, according to the National Energy Administration. And officials estimated China's wind power capacity will be close to 20 GW by the end of this year.
In solar power, China has the world's largest solar heat concentration surface for water heating. It ranks top in the nuclear power capacity under construction.
China has also been ambitious in improving energy efficiency, calling for a 20 percent reduction in energy intensity between 2005 and 2010.
"In developing clean energy and coping with climate change, China is one of the most active governments in the world," said Li Junfeng, deputy director of the Energy Research Institute under the National Development and Reform Commission (NDRC).
Chinese President Hu Jintao raised four targets in dealing with climate change at the UN climate change summit held in New York in September, which Li said demonstrated China's attitude in reducing greenhouse gas emissions.
One of the four targets is to increase the proportion of non-fossil fuel in the nation's energy supply to 15 percent by 2020.
According to Li, the U.S. government has not set a specific target on the proportion of non-fossil fuel to total energy supply, while the EU and Japan put the target at 20 percent.
However, China's energy consumption is still growing 6 percent annually on average, while Japan and the EU are seeing consumption declining, Li told the forum.
"China has impressive policies and has made serious efforts on energy saving, energy conservation and improving energy efficiency," said Bernice Lee, Research Director of Energy, Environment and Resource Governance under Royal Institute of International Affairs. And, "China is genuinely committed to tackling the impacts of climate change, as manifested by its national strategy," she said.
Daniel Rosen, Principal of Rhodium Group and Visiting Fellow of Peterson Institute for International Economics, said China's efforts and achievements in dealing with climate change could prod U.S. Congress to increase budget on climate change measures.
He said China is doing an excellent job in exploring wind and solar energy and it would become a big competitor to the United States in the future, though it still lags behind the United States in technological innovations and venture capital.
He said that in this 10% proportion, hydropower accounts for up to 8%, followed by wind power which accounts for about 1%. The development of solar water heaters makes a significant contribution to the use of renewable energy sources. At present it has reached 150 million square meters.
It is understood the proportion of hydropower in primary energy rising from 5% at the end of 2008 to 8% next year means that in the next two years China's hydropower generation capacity will increase by 60%. That 1% of wind power means increase in wind power generation capacity will double.
"At present, we assume it is not very difficult to reach 10% next year," Li Junfeng said, "China does not have to worry about development of all kinds of clean energy being too slow, on the contrary China should pay attention to their developing too fast, including nuclear energy, wind, solar and other new energy sources. They have been developing rapidly."
Professor Liu Yijun, natural gas expert from China University of Petroleum, said China was working to adopt a market development approach for the benchmark price of natural gas. There is now a program of price reform, but China will consider the overall economic recovery situation under the economic crisis and launch it at the proper time. However, taking the differences in users into account, natural gas will not adopt a uniform pricing system.`
Liu pointed out that in the future the focus of reform lies not only in natural gas prices, but also the industrial structure of natural gas. "We hope the government will carry out structural reforms, and achieve security of gas supplies through a multi-level peak shaving."
A consortium of Chinese and American companies announced a joint venture to build a 600-megawatt wind farm in West Texas, using turbines made in China. Construction of the $1.5 billion wind farm will be financed largely by Chinese banks, with the help of loan guarantees and cash grants from the United States government.
“This wind farm project came about thanks to the openness of the United States for investments in the field of renewable energy,” said John S. Lin, chief operating officer of A-Power Energy Generation Systems, which is part of the consortium building the project.
The wind farm will be the first instance of a Chinese manufacturer exporting wind turbines to the United States, said Yang Yazhou, vice mayor of the city of Shenyang, where the wind turbines will be manufactured.
The farm, to be built on 36,000 acres in West Texas, will use 240 of its 2.5-megawatt turbines. Construction is scheduled to begin in March 2010, and the project is expected to create 300 temporary jobs and about 30 permanent jobs. Six hundred megawatts of wind power is enough to meet the electricity needs of between 135,000 and 180,000 American homes for a year.
Qunxing Paper to invest in Inner Mongolia wind farm
Qunxing Paper Holdings has allocated RMB 563.5 million to invest in a wind farm in Inner Mongolia, aiming to diversify its business, the Standard reported, citing Chairman Zhu Yuguo as saying.
The 49.3-megawatt wind farm is scheduled to be completed in March 2010. The project is expected to generate revenue in May after it starts selling energy to the national grid.
Qunxing Paper, whose original business is producing high-end decorative base paper, has been seeking new growth opportunities, said Zhu, adding that the company is optimistic about the development of the wind energy sector which is strongly supported by the government.
Ninety percent of the planned RMB 563.5-million capital expenditure will be used to purchase wind turbines, said financial controller Victor Poon Tsz-hang.
The electricity tariff of the wind farm has been set at RMB 0.54 per kilowatt hour. Under favorable official policies, the firm's wind power sales will be levied an 8.5% value-added tax, which is equal to 50% of the 17% official rate.
www.cwea.org.cn/main.asp
www.sinovel.com/index.html
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Subvencionado por:
Plan Nacional de Investigación Científica, Desarrollo e Innovación Tecnológica, 2008-2011
Acción Estratégica de Energía y Cambio Climático - Expediente Nº ECC-590000-2008-141
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