Saudi Arabia
Pakistan
Japan
India
Indonesia
Singapore
China
Thailand
Malaysia
Iran
Iraq
Israel
Kyrgyzstan
North Korea
South Korea
Uzbekistan
8:14 am - Wednesday December 11, 2013
 

Today Energy Price:

Crude Oil (USD / barrel) - 103.46

Natural Gas (USD/million BTUs) - 3.64

Gold (USD/troy ounce) - 1,327.20

S&P 500 - 1,700.34

Nikkei -14,742.40

Hang Seng - 23,371.50

Report: China to reduce coal consumption


China will reduce its consumption of coal and gradually increase the use of natural gas during the next few years, according to the Airborne Pollution Prevention and Control Action Plan (2013-17), which was released by the State Council.

Total energy consumption is measured in tons of coal, irrespective of the method of generation. In 2011, China’s total energy consumption was 3.48 billion metric tons of coal, out of which coal consumption contributed 68.4 percent, while natural gas contributed just 5 percent, according to the National Bureau of Statistics.

In 2012, the country consumed nearly 2.5 billion tons of coal, more than all other countries combined, according to the Ministry of Environmental Protection.

The central government has decided to reduce the amount of coal being burned to less than 65 percent of total energy consumption by 2017, while consumption of natural gas will rise to 7.5 percent of the total by 2015.

The country will employ a number of measures to achieve the reduction in coal use, including increasing the use of non-fossil energy. Coal consumption is expected to decline in areas such as the Beijing-Tianjin-Hebei cluster, the Yangtze River Delta region and the Pearl River Delta region, often known as the “three key districts”.

Supplies of natural gas, coal gas and coalbed methane will also be increased. Between 2011 and 2015, 44,000 kilometers of natural gas pipelines will be built, raising the annual receiving capacity of coastal-based liquefied natural gas terminals by more than 50 million tons, according to the 12th Five-Year Plan on Energy Development (2011-15).

Natural gas pipeline capacity will rise by 150 billion cubic meters by 2015, covering the three key districts, and urban residents will have priority use of the power generated by the newly added supply.

296 total views, 1 views today

Related Posts

Filed in: Coal & Mining