China unveils new energy strategy capping annual coal consumption
The State Council of China has unveiled a new Energy Development Strategy Action Plan (2014-2020) focusing on the development of renewables and capping primary energy consumption at 4.8 Gtce/year until 2020, i.e. limiting the primary energy consumption growth rate to 3.5%/year until 2020. China aims to limit coal consumption to 4.2 Gt/year until 2020, a 16% increase over the 2013 consumption level of 3.6 Gt. China will also target a reduction of coal in the primary energy mix to under 62% by 2020, to the advantage of non-fossil fuels (15% by 2020 and 20% by 2030, from about 10% in 2013) and gas (10% by 2020). By 2020, the installed nuclear power capacity is expected to reach 58 GW, with an additional 30 GW under construction; inland nuclear power projects will be studied, while the construction of nuclear reactors on coastal areas will begin "at a proper time". China targets an installed hydropower capacity of 350 GW by 2020, with wind and solar capacities reaching 200 GW and 100 GW respectively. Shale gas and coalbed methane production should reach 30 bcm by 2020 and the energy self-sufficiency rate will be boosted to about 85%.
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