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Greater China

Mar 29, 2005

Energy capacity to quadruple by 2020

BEIJING - China plans to quadruple its energy production capacity by 2020 to support GDP growth, said Xu Ding, director of the Energy Department of the State Development and Reform Commission.

He made the remarks on March 24, when attending the China-Canada Energy Cooperation Conference. Xu revealed that China plans to build 1.1 billion tons of coal production capacity and construct hydraulic power plants with a capacity of 150 million kilowatts by 2020.

China also intends to speed up the development of nuclear power plants and other energy sources, Xu added. In the wind energy construction sector, China has launched two rounds of tender offerings, with a third round to be carried out in April. China has also selected four regions to implement bio-power generation on a trial basis.

Meanwhile, China has accelerated natural gas exploration and the construction of related transmission pipeline networks. It has initiated a pilot liquefied natural gas (LNG) receiving terminal project in Guangdong, and it will expand similar projects in the provinces of Fujian, Zhejiang, Shanghai, Jiangsu, Shandong, Liaoning and Guangxi.

Xu said that while endorsing the energy development plan, the State Council has also given the go-ahead for a railway construction plan to expand transport capacity.

Meanwhile, the construction of strategic oil reserve facilities kicked off last year, with the first batch of oil reserve plants under construction in the cities of Dalian, Qingdao, Zhenhai and Zhoushan.

(Asia Pulse/XIC)

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