Sept. 15 (Bloomberg) -- China’s exponential development of wind and hydropower will still compose only a fraction of its power supply in 2020, said Liu Zhenya, chairman and chief executive officer of State Grid Corp. of China, the nation’s largest grid operator.
In the past decade, China’s solar power capacity has increased by 47 times and wind power by 21 times, Liu told the World Energy Congress today in Montreal.
“It is estimated that by 2020, the total installed capacity of hydropower will reach 300 gigawatts with 75 percent from large hydro bases,” Liu said. Large-scale wind farms will produce 90.17 gigawatts, accounting for 78 percent of China’s wind power, he added.
China’s energy use in 2020 will be 58.5 percent coal, 26.5 percent oil and natural gas, 9 percent hydropower, 4 percent nuclear and 2 percent new energy, which includes wind and solar.
“The replacement of fossil fuels by clean energy will reduce carbon emissions by 1.6 billion pounds a year,” he said.
China is planning 13 large-scale hydropower plants along the Jinsha and Daduhe rivers and seven 10-gigawatt wind farms in Juquan, Gansu province, and Hami, Xijiang autonomous region, Liu said.
The four-day World Energy Congress has attracted about 3,500 delegates in energy industries from 130 countries. It ends tomorrow.
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