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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.

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