Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Energy & Commodities
 Search News  Or
China's power output to increase 7.05% in 2012: NDRC

Mar. 5, 2012 (China Knowledge) - China's power output for 2012 is expected to increase by 7.05% year on year to 5.05 million gigawatt hours, said the National Development and Reform Commission, or NDRC, on Monday.

Around 70% of the electricity output is derived from coal consumption in China, although the Chinese government has been accelerating the development of several kinds of clean energy, such as wind power, solar power and nuclear power.  

Raw coal output in China would increase 3.7% to 3.65 billion tons this year, slowing sharply from a year ago. Last year, NDRC shut down some backward thermal power plants with a combined installed capacity of 7 GWh.

In 2012, crude oil output is projected to be unchanged at 204 million tons in China, while the country yielded 4.41 million barrels of crude oil per day in 2011, according to statistics released by China National Petroleum Corp or CNPC, the parent co of PetroChina Co Ltd<601857><0857>.

NDRC also indicated that China's energy consumption per unit of GDP would decline by 3.5% this year, higher than a target of 2% last year. But the country failed to meet the target to reduce energy consumption in 2011.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved