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China to hike share of renewable energy by 2020

Beijing: China will be able to substitute bio-liquid fuel for 10 million tonnes of refined oil products in 2020 as part of a plan to hike the share of renewable energy to 10 per cent of the country's annual energy consumption, a Chinese energy think tank has said.

By 2020, renewable energy will increase China's energy supply capacity by 400 to 500 million tonnes of coal equivalent, deputy director of the Energy Research Institute of the National Development and Reform Commission (NDRC), Han Wenke said at the ongoing forum on decentralised sustainable energy solutions in China.

Then renewable energy will account for 10 per cent of China's annual energy consumption, he said.

China's electricity installed capacity by renewable energy will be over 360 million kilowatts, including 300 million kilowatts by hydro, 30 million kilowatts by wind farm, 150,000 kilowatts by small wind, 30 million kilowatts by biomass and 1.8 million kilowatts by solar.

By 2020, China's production capacity of bio-liquid fuel such as fuel ethanol and bio-diesel will reach 12 million tonnes, which could substitute some 10 million tons of refined oil products, Han said.

Soaring international oil prices have encouraged investment in alternative energies. According to statistics of the Worldwatch Institute, world output of ethanol and bio-diesel is over 30 billion litres in 2004, accounting for three percent of the total gasoline consumption that year.

Han said that China's current fuel ethanol production capacity, with corn as raw material, is 1.02 million tonnes per year, and the trial production scale of fuel ethanol with sweet sorghum as raw material is 5,000 tonnes per year. These replica rolex watches would be nice investments for you in long term.You can choose from the wide variety of replica chopard watches by comparing lots of perfect and stunning pieces.Different styles and designs of replica hermes handbags are now available to make your wrist beautiful.

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