China to Promote Renewable Energy for Heating-Shanghai Metals Market

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China to Promote Renewable Energy for Heating

Industry News 02:45:05PM Jun 18, 2013 Source:SMM

Updated: 2013-06-17 (chinadaily.com.cn) - The National Energy Administration will promote solar, geothermal and biomass heating and aims to put it into practice before the end of the year, Shanghai Securities Journal reported on Monday.

A draft of the program said 50 million tons of coal equivalent (TCE) will be replaced by renewable energy by 2015 to generate electricity, up from 30 million tons currently. The number is set to climb to 100 million tons by 2020.

China set a target to keep total energy consumption below 4 billion tons of TCE by 2015, with electricity consumption below 6.15 trillion kilowatt hours.
 

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Aluminum Ingot
Oct.17
13960.0
80.0
(0.58%)
Aluminum Ingot - Fo Shan
Oct.17
13930.0
90.0
(0.65%)
Aluminum Ingot - Wu Xi
Oct.17
13980.0
90.0
(0.65%)
Aluminum Ingot - Hang Zhou
Oct.17
13985.0
80.0
(0.58%)
Aluminum Ingot - Chong Qing
Oct.17
13920.0
80.0
(0.58%)

China to Promote Renewable Energy for Heating

Industry News 02:45:05PM Jun 18, 2013 Source:SMM

Updated: 2013-06-17 (chinadaily.com.cn) - The National Energy Administration will promote solar, geothermal and biomass heating and aims to put it into practice before the end of the year, Shanghai Securities Journal reported on Monday.

A draft of the program said 50 million tons of coal equivalent (TCE) will be replaced by renewable energy by 2015 to generate electricity, up from 30 million tons currently. The number is set to climb to 100 million tons by 2020.

China set a target to keep total energy consumption below 4 billion tons of TCE by 2015, with electricity consumption below 6.15 trillion kilowatt hours.