China to have 58 mn kw nuclear power by 2020

Image
IANS Beijing
Last Updated : Nov 07 2016 | 2:57 PM IST

China will have 58 million kilowatts (kw) of installed nuclear power by 2020 as it expands its clean energy network and pursues green growth, the country's energy regulator announced on Monday.

The government will have around 30 million kw of nulcear energy facility going into operation and over 30 million kw of such facility under construction in the next five years, according to the 13th Five-Year Plan for power development released by the National Energy Administration and the National Development and Reform Commission.

China is expected to require about 6.8 trillion to 7.2 trillion kw of power by 2020, with per capita power consumption of about 5,000 kw, close to the level of medium-developed countries, Xinhua news agency reported.

Non-fossil fuel will play a bigger role as the government aims to lift its share in total energy consumption to about 15 per cent by the end of 2020.

Installed capacity of hydropower, wind power and solar power will be respectively about 340 million, 210 million and 110 million kw.

Meanwhile, the installed capacity of coal-fired power will be restricted within 1.1 billion kw while natural-gas-fired power will reach over 110 million kw by 2020.

China will also promote smart grid development, address regional power supply imbalances and improve the power market rules, according to the development plan.

--IANS

ss/vt

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 07 2016 | 2:48 PM IST

Next Story