Posts Tagged nuclear power

China Wind generated energy to consume 40% of total energy consumption by 2050

Source: Daily China

China has set an imaginative target for renewable energy consumption of 40 percent of total consumption by the year 2050.

The news comes as it emerges that China will have 100 GW of wind power capacity by 2020, more than three times the 30 GW the government set as a target 18 months ago.

China has currently around 12 GW of wind power capacity and is about to increase it to 20 GW next year what would turn wind energy to be a bigger energy source than nuclear.

Currently China is the fourth largest wind energy producer after the United States, Germany and Spain.

“China is powering ahead with no visible signs of slowing down,” said Steve Sawyer of the Brussels-based GWEC. “If anything it is accelerating. They intend to become the largest market in the world, very clearly, and they probably will unless things take off in the US again in the relatively near term.”

China’s local wind turbine manufacturing industry has “grown dramatically” as power production has expanded, Sawyer said. Local manufacturers, dominated by Sinovel Wind Co, Xinjiang Goldwind Science & Technology Co and Dongfang Electric Corp, captured more than half the domestic market for the first time in 2007, rising to between 75 percent and 80 percent last year.

“Although all the big international brands are there and their markets are growing in absolute terms, their market share is diminishing pretty rapidly,” Sawyer said.

Large scale wind turbines

Large scale wind turbines

Wang Jun, director of the National Energy Administration’s renewable energy department, said: “Renewable energy will become the mainstream power supply in 2050 from a supplementary role in 2010.” He envisaged a future with heating dependent on solar and geothermal power, cars driven using biofuels and families owning their own photovoltaic power stations, turning the country from the world’s biggest emitter of greenhouse gases to one of its smallest.

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“the country that harnesses the power of clean, renewable energy will lead the 21st century”

Some industry analysts are concerned about the future of China alternative energy growth due the economy slowdown.
The hype around renewable energy is going to relax, the economic crisis, which cause dramatically drop in crude oil and coal prices will cause renewable energy production to be much expensive relatively speaking, and would decrease the incentive of investors to go in.
But that just in theory, in fact China’s top economic planning body, the National Development and Reform Commission (NDRC) published on its website couple of weeks ago that it had approve the construction of two hydropower stations and two wind farms one in Sichuan province and the other in Guizhou province with a total capacity of 20gW.
But that just a part of it, China is also making a big progress in Nuclear energy production and plans to double its production capacity in the coming decade by building 8 new nuclear power plants which would be in charge of 1% of China energy consumption.
The National Energy Administration (NEA) reports that by 2020, China wind power production capacity would reach 100gW.

Renewable energy

Renewable energy

China investments in wind power and nuclear power last year rose 88% and 72%, respectively, while the investment in thermal power plants declined 22%, those figures shows how serious is the China government in adopting alternative energy generators.

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