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International Energy Agency: China's Energy Mix Will Gradually Shift To Clean Power
Jan 18, 2018

International Energy Agency "World Energy Outlook 2017 China Special Report" was released in Kunming on the 12th. The report argues that China's energy mix will gradually shift to clean power generation, and China's growing energy needs are increasingly relying on renewable energy, natural gas and electricity while coal demand has dropped.

This is the reporter learned from the World Energy Outlook 2017 China Special Report's Global Conference cum Yunnan Green Energy Sustainable Development Seminar held in Kunming on the 12th. The report was circulated in cities such as Beijing and Kunming. The report mainly analyzed and predicted the changes in energy demand and structure in China by 2040 and their impact. The IEA project officials interpreted the report at the meeting.Hardware Aluminum Anodize Part  Bulk Production  

 

The report pointed out that under the new policy scenario, China's energy demand growth rate dropped about 1% annually, less than one-sixth of the annual average since 2000. This is the combined effect of a shift in economic structure, the implementation of strong energy efficiency policies and demographic changes.

The report believes that China's energy demand is more dependent on renewable energy, natural gas and electricity, coal demand will drop somewhat. It is estimated that by 2040, the share of coal in total power generation will drop from two-thirds in 2016 to below 40%, and power will dominate in China's terminal energy consumption. CNC Turning Aluminum Anodize Product  Bulk Production 

 

The report argues that China's energy structure will gradually shift to clean power generation. Strong deployment and strong policies continue to reduce the cost of renewable energy. Solar PV will become the most economical way of generating electricity in China. Low-level projects led by hydropower, wind power and solar photovoltaic Carbon capacity will grow rapidly, accounting for 60% of total installed capacity by 2040.

The report predicts that by 2040, the share of coal in China's primary energy structure will be reduced to about 45%, the demand for natural gas in China will increase to more than 600 billion cubic meters, and the share of natural gas in China's major energy structure will be less than 6% Rose to 12% or more.

 

The report predicts that market reforms, mature conventional gas production and shady gas with uncertain prospects are the major factors that determine the supply of oil and gas in China.

 

The report argues that the pace of environmental protection measures in China's energy sector will be more robust. Changes in energy and environmental policies are changing the trend of global energy demand and will have far-reaching implications for global markets, trade, investment cash flow, technology costs and achieving global common goals influences.CNC Turning Aluminum Anodize Product  Bulk Production


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