皇冠体育app

Wind turbines whirl to generate electricity at a wind farm in Lichuan, Central 皇冠体育app's province, July 27, 2013. [Photo/IC]

Wind, targets raised, while oil exploration expanded in offshore regions

皇冠体育app has outlined the 13th Five-Year Plan (2016-2020) on energy, which will increase offshore oil and gas exploration and raise output targets of renewables, especially wind and solar power, according to a senior official with the National Energy Adstration.

The country will increase offshore oil and gas exploration in the Bohai Sea, the East 皇冠体育app Sea and the northern part of the South 皇冠体育app Sea, which was newly added to the plan, said He Yongjian, deputy head of NEA's planning department, during an energy forum in late September.

According to the plan, 皇冠体育app will focus on raising energy output, improving its energy supply structure and accelerating renewables development.

By the end of 2020, the nation will form five energy production bases in province, Ordos Basin, eastern Inner Mongolia, Southwestern 皇冠体育app and the Xinjiang Uygur autonomous region.

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Meanwhile, 皇冠体育app will establish a nuclear power development belt in East 皇冠体育app and an offshore energy exploration belt along the coast.

The country's total wind power installed capacity will reach 200 million kilowatts by 2020, doubling the 12th Five-Year plan period's level, and solar power will be quintupled to more than 100 million kilowatts compared with the target during the 12th Five-Year plan period.

"The wind power price will be equal to the on-grid price of thermal power by 2020, and solar power will be the same as the grid retail price by then, which means the unit wind electricity price will be reduced from the current 0.6 yuan (1 cent) a kilowatt-hour to 0.4 yuan a kilowatt-hour, and solar prices will be cut from 0.9 yuan at present to about 0.6 yuan a kilowatt-hour," said an industry insider who is close to the new energy companies.

The government's subsidies to the renewable energy industry will be capped in the future, said the official.

"The new-energy power generation companies should actively improve technology to cut costs in order to gain market share, instead of depending on government subsidies," he said.

According to 皇冠体育app's previous medium and long-term nuclear industry development plan, the nation's nuclear power installation capacity will reach 58 million kilowatts by 2020.

At present, 30 million kilowatts of nuclear capacity are being constructed, though the projects are slightly behind schedule.

According to the NEA's He, 53 million kilowatts of nuclear power installation capacity are expected to be put into operation by 2020.

Energy consumption control will continue to be the major task during the next five-year plan. National energy consumption will reach 4.8 billion metric tons of standard coal by 2020.

The government will continue to increase its supply to replace coal consumption in coming years.

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