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China

China's 2015 energy mix beats targets

CHINA: China's ratio of non-fossil sources in the energy consumption mix has climbed, exceeding targets set for the end of 2015, the last year of the 12th Five-Year-Period (FYP).

Total installed wind capacity is said to have reached 120GW by the end of 2015
Total installed wind capacity is said to have reached 120GW by the end of 2015

The country's energy intensity has also dropped, surpassing targets set in the FYP, according to data from the National Energy Working Conference 2016.

Statistics released by the National Energy Administration (NEA) show, in the past five years, China's energy consumption has grown at an annual average rate of 3.6%, while its national economy grew by annual average of 7.8%.

As a result, the unit GDP energy consumption dropped 18.2% on the level of 2010. The government target was 16%.

Meanwhile, the ratio of non-fossil sources in the energy consumption mix reached 12%, up by 0.8 percentage points on the previous year. The target for 2015 was 11.4%.

China's total energy consumption in 2015 was estimated to be around 4.3 billion tonnes of coal equivalent, up 0.9% year on year, which was the lowest growth rate since 1998.

In the 13th FYP (2016-2020), annual growth of energy consumption is expected to be around 3% on average, NEA said.

The country's energy sector has entered the period of strategic restructuring, said Nuer Baikeli, NEA director general. The replacement of coal by oil and gas, and of fossil fuels by non-fossil sources will accelerate. The ratio of coal in the energy mix will continue to decline and those of gas and non-fossil power will grow further.

Early NEA figures suggest total installed wind capacity reached 120GW by the end of 2015. The goal is reportedly to boost it to 250GW by the end of 2020. The target is yet to be confirmed by the 13th FYP national economic development plan.

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