China Bets Heavily on Nuclear, Wind Power
BEIJING, Apr 08, 2009 --
> SinoCast Daily Business Beat
>
> China, one of the biggest power consumers worldwide, has paid
> much attention to clean energy, and particularly, it has decided to
> greatly boost nuclear and wind power generation.
>
> This year, the Chinese government will invest CNY 580 billion in
> the electric power industry, and accelerate the construction of new
> energy projects, such as wind and nuclear power generation projects.
>
> In 2010, the country's thermal power plants will account for 68
> percent of its total installed capacity, and its hydro, nuclear, wind,
> and solar power stations will respectively contribute 23, 2, and 7
> percent.
>
> In 2020, the installed thermal, hydro, nuclear, wind, and solar
> power generation capacity will separately make up 50, 30, 8, and 12
> percent of the total.
>
> The country should strive to put an installed nuclear power
> generation capacity of 70 million kilowatts into operation in 2020,
> with another 30 million kilowatts under construction, suggested the
> National Energy Administration of China.
>
> Earlier, the Chinese government has come up with a medium- and
> long-term plan for the development of nuclear power generation, aiming
> to install 40 million kilowatts with 18 million kilowatts more under
> construction in 2020. The administration stressed that the
> construction of nuclear power stations should be sped up these days.
>
> In the three years ahead, eight such stations, with 16 generation
> units, will be built, driving up the overall nuclear power generation
> capacity by over 10 million kilowatts.
>
> In 2020, China's installed nuclear power generation capacity will
> make up more than 5 percent of over 1.2 billion kilowatts, the
> country's total, earlier reports said.
>
> China's installed wind power generation capacity will outnumber
> 10 million kilowatts in 2010 with a yearly output of 21 billion
> kilowatt-hours.
>
> China boasts sufficient wind energy. The latest two surveys show
> different results, its exploitable wind reserve stood separately at
> 3.226
> billion and 4.35 billion kilowatts and technologically exploitable
> wind reserve reached 253 million and 297 million kilowatts.
>
> In recent years, the country has witnessed a rapid growth in the
> wind power generation industry. By the end of 2008, the industry
> installed an approximate capacity of 8.94 million kilowatts and
> generated 12.8 billion kilowatt-hours in total, hiking 111.48 and
> 126.79 percent respectively from a year earlier.
>
> Last year, the investment in nuclear and wind power
> infrastructure separately surge 71.85 and 88.10 percent, but that in
> thermal power infrastructure dropped 21.99 percent.
>
> In total, the country injected CNY 576.3 billion into electric
> infrastructure, climbing up 1.52 percent year on year, according to
> the China Electricity Council (CEC).
>
> (USD 1 = CNY 6.86)
> SinoCast Daily Business Beat
>
> China, one of the biggest power consumers worldwide, has paid
> much attention to clean energy, and particularly, it has decided to
> greatly boost nuclear and wind power generation.
>
> This year, the Chinese government will invest CNY 580 billion in
> the electric power industry, and accelerate the construction of new
> energy projects, such as wind and nuclear power generation projects.
>
> In 2010, the country's thermal power plants will account for 68
> percent of its total installed capacity, and its hydro, nuclear, wind,
> and solar power stations will respectively contribute 23, 2, and 7
> percent.
>
> In 2020, the installed thermal, hydro, nuclear, wind, and solar
> power generation capacity will separately make up 50, 30, 8, and 12
> percent of the total.
>
> The country should strive to put an installed nuclear power
> generation capacity of 70 million kilowatts into operation in 2020,
> with another 30 million kilowatts under construction, suggested the
> National Energy Administration of China.
>
> Earlier, the Chinese government has come up with a medium- and
> long-term plan for the development of nuclear power generation, aiming
> to install 40 million kilowatts with 18 million kilowatts more under
> construction in 2020. The administration stressed that the
> construction of nuclear power stations should be sped up these days.
>
> In the three years ahead, eight such stations, with 16 generation
> units, will be built, driving up the overall nuclear power generation
> capacity by over 10 million kilowatts.
>
> In 2020, China's installed nuclear power generation capacity will
> make up more than 5 percent of over 1.2 billion kilowatts, the
> country's total, earlier reports said.
>
> China's installed wind power generation capacity will outnumber
> 10 million kilowatts in 2010 with a yearly output of 21 billion
> kilowatt-hours.
>
> China boasts sufficient wind energy. The latest two surveys show
> different results, its exploitable wind reserve stood separately at
> 3.226
> billion and 4.35 billion kilowatts and technologically exploitable
> wind reserve reached 253 million and 297 million kilowatts.
>
> In recent years, the country has witnessed a rapid growth in the
> wind power generation industry. By the end of 2008, the industry
> installed an approximate capacity of 8.94 million kilowatts and
> generated 12.8 billion kilowatt-hours in total, hiking 111.48 and
> 126.79 percent respectively from a year earlier.
>
> Last year, the investment in nuclear and wind power
> infrastructure separately surge 71.85 and 88.10 percent, but that in
> thermal power infrastructure dropped 21.99 percent.
>
> In total, the country injected CNY 576.3 billion into electric
> infrastructure, climbing up 1.52 percent year on year, according to
> the China Electricity Council (CEC).
>
> (USD 1 = CNY 6.86)