Chinese authorities have released a plan for developing a modern energy system during the 14th Five-Year Plan period (2021-2025), setting targets for securing energy supplies and boosting energy efficiency.
The plan stressed the green low-carbon transition on the premises of ensuring energy supply security, and it iterated that China is to be able to cap its annual energy production at 4.6 billion tonnes of standard coal equivalent by 2025.
The country should strive towards safer and more solid energy security, achieve remarkably effective energy transition, significantly raise energy efficiency, obviously enhance innovation capabilities and continuously improve general energy service levels, according to the plan.
The plan calls for an enhancement in coal production capacity landscape, by building five major coal supply guarantee bases –Shanxi, Western Inner Mongolia, Eastern Inner Mongolia, Shaanxi and Xinjiang. (Extra reading for Xinjiang's coal output increase potential http://www.sxcoal.com/news/4648211/info/en)
The enhancement also requires improving cross-regional coal shipment and distributing system, in a bid to strengthen coal supply guarantee between different regions.
Eyeing the strict but reasonable controls over coal consumption, China will curb coal consumption in major coal-consuming industries including steel, chemistry and cement, and aims to realize no less than 350-GW energy-saving target.
According to the plan, efforts should be made to reduce coal consumption in non-industrial lines, and to upgrade the clean utilization of coal. This necessitates green mining and coal washing, and by 2025, the gas usage in mines will stand at 6 billion cubic meters and the ratio between annual production and total coal-washing volume shall reach 80%.
China also plans to eliminate 30 GW outdated power-generating capacity during the 14th Five-Year Plan period.
(Writing by Rebecca Liu Editing by Tammy Yang)
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