(Yicai Global) Nov. 8 -- As part of China's ongoing drive to look for new energy solutions, the latest five-year plan for electric power consumption published by the Chinese government looks to move away from fossil fuels to hydropower, wind power, solar power and nuclear power.
By 2020, non-fossil fuel will account for more than 15 percent of the primary energy consumption and the rate of non-renewable electric power consumption will rise to 27 percent.
Over the next 5 years, China will plan to put 30 million kilowatts of nuclear power capacity into operation and more than 30 million kilowatts of nuclear power will be generated.
By 2020, the installed capacity of nuclear power nationwide will reach 58 million kilowatts, ranking second in the world, Han Shui, chief engineer of the national energy administration said.
The installed capacity of wind power nationwide will arrive at 210 million kilowatts by 2020, and among them 5 million kilowatts are from offshore wind power.
In the meanwhile, the installed capacity of solar power will reach 110 million kilowatts, among which 60 million kilowatts are from dispersed solar power and 5 million are from photo-thermal power.
The country will promote the construction of large-scale hydropower bases in an orderly way and strictly control the development of medium and small sized hydropower stations.
By 2020, the installed capacity of normal hydropower will reach 340 million kilowatts, Han said.
50 million newly increased kilowatts of natural gas power will be put into operation nationwide in the next 5 years, and the number will arrive at more than 110 million kilowatts by 2020.
At the same time, the installed capacity of coal power nationwide will be controlled within 1.1 billion kilowatts, Han added.