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China to Raise Share of Power From Non-Fossil Fuels to 11.4%

Jan. 16 (Bloomberg) -- China, the world’s biggest consumer of coal, will increase the proportion of power it generates from non-fossil fuels to 11.4 percent by 2015, Prime Minister Wen Jiabao said.

China produced 8.4 percent of its electricity from non-fossil fuels in 2010, he said today at an energy conference in Abu Dhabi, adding it will “vigorously” develop renewable energy. China will focus on domestic sources of renewables, natural gas and nuclear power, he said.

China, the world’s second-largest economy, will work more closely with other countries to “build a new world of green and sustainable development,” Wen said. Nuclear is a “safe, reliable and mature source of energy,” he said.

The nation is switching to non-fossil energy sources for power as the government seeks to cut carbon dioxide emissions by as much as 17 percent per unit of gross domestic product in its five-year plan through 2015, Wen said Feb. 27.

Wen is on a tour in the Persian Gulf amid concern that tighter economic sanctions may disrupt exports from Iran, OPEC’s second-largest crude producer. Wen’s tour includes Saudi Arabia, Qatar and the United Arab Emirates, which are all members of the Organization of Petroleum Exporting Countries.

To contact the reporters on this story: Anthony DiPaola in Dubai at adipaola@bloomberg.net; Tamara Walid in Abu Dhabi at twalid@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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