(EnergyAsia, November 26 2012, Monday) — China has re-affirmed its goal to significantly improve energy efficiency and conservation at the same time that it plans to grow the economy by 7.5% a year in the current five-year plan from 2011 to 2015.
In its latest white paper on energy policy, the government has set a target to lower the country’s 2015 energy consumption per unit of GDP by 16% and the carbon dioxide emission per unit of GDP by 17% from their 2010 levels.
The energy policy goals covering the country’s current 12th Five-Year Plan largely continue the targets spelled out in the previous white paper issued in 2007 which aim to improve the energy efficiency of China’s manufacturing, construction and transportation sectors.
The policy, issued by the country’s Cabinet, the State Council, also promotes the production and use of renewable energy sources including hydro, solar, wind and biomass power.
The white paper said China’s energy consumption grew by 5.82% annually over the last 30 years to 2011.
Last year, China became the world’s largest energy producer with a record 3.18 billion tons of coal equivalent. This comprised 3.52 billion tons of raw coal, 200 million tons of crude oil, 270 million tons of refined oil products, and 103.1 billion cubic metres of natural gas. The country’s electricity output reach 4.7 trillion kwh while its installed generating capacity reached 1.06 billion kw.