Climate Connect News, 19 March 2014, London: China’s total installed capacity of clean energy would reach 2,400 GW in 2050 says a planning report released by The China Electricity Council (CEC) earlier this week, local media reported. This would mean that 62% of the total power generation of China would come from non-fossil fuel sources by 2050.
The clean energy development strategy is divided into three phase, extending to 2020, 2030 and 2050 correspondingly. In the first phase, the CEC plans to install 810 GW of clean energy which accounts for 41% of the total power generating capacity of the nation by 2020. The government would provide large subsidies and other policy incentives to facilitate this goal.
The CEC plans to boost technological innovation for producing clean energy which would reduce the cost of electricity generation and accelerate development in the second phase. About 1.5 TW of clean energy capacity is expected to be installed by 2030, which will account for 50% of the total national power generating capacity by then.
From 2030-2050, China would no longer need to construct coal-fired power plants and additional electricity demand would come from clean energy sources, states the report. CEC aims to reach its goal of 2.4 TW from clean energy sources by 2050, effectively shifting China’s energy generation paradigm from coal-based to renewable sources.
CEC adviser Wang Yonggan forecasted that by the end of 2014, wind power installation would cross 90 GW and installed capacity of solar would likely reach 14 GW. By end of 2020, power generation capacity from natural gas would likely reach 100 GW.
The report also stated that the CEC will prioritize the development of hydropower and other renewable energy sources, increase efficiency of natural gas for power generation, safely expand nuclear power and promote smart grid construction for integration of the new clean energy sources.
Author: Climate Connect Newsdesk
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