China Mulls Higher Renewable Energy Targets

5 July 2009 (Last Updated July 5th, 2009 18:30)

China plans to generate at least 15% of its energy capacity from wind, solar and other renewable energy sources by 2020, writes China Daily. The country's chief policy makers said they are revising earlier targets to create a "greener" environment, adding that new jobs to support the ne

China plans to generate at least 15% of its energy capacity from wind, solar and other renewable energy sources by 2020, writes China Daily.

The country’s chief policy makers said they are revising earlier targets to create a “greener” environment, adding that new jobs to support the new energy sources also would help encourage economic growth.

Xie Zhenhua, vice-minister in charge of climate change policy for the National Development and Reform Commission (NDRC) said that renewable energy is expected to account for 10% of the country’s energy resources by 2010 and 15% by 2020.

The NDRC’s vice-minister in charge of international cooperation Zhang Xiaoqiang went so far as to say that China could reach a renewable energy target of at least 18% by 2020.

“Personally, I think we could reach the target of having renewable sources make up 20% of total energy consumption,” Zhang recently told the media in London.

The deputy director of the National Energy Administration Sun Qin, told China Business Weekly that China would soon announce the revised power supply capacity target for 2020 – a target that might increase to 1,400 or 1,500GW of energy.

The revised target, if approved by the central government, would represent an almost 50% increase from the previous goal set by the government in 2007.

In 2007, the central government approved plans to develop 1,000GW in installed energy capacity by 2020.