China speeds up clean energy development

Time:2019-06-14 09:09:11      Source: xinhuanet.com

China has sped up the development of clean energy and stepped up gas exploration over the past five years, a senior energy official said Thursday.

Currently, clean energy sources account for 22.1 percent of total energy consumption, up from 14.5 percent five years ago, said Zhang Jianhua, head of the National Energy Administration.

Coal consumption accounts for less than 60 percent of total energy use, Zhang said, adding that energy intensity has improved over the five-year period, with energy per unit of gross domestic product falling 20.3 percent.

China has also stepped up oil and gas exploration to ensure energy security, he said.

The country has sought to move away from coal and other fossil fuels to address pollution and foster economic development outside of the heavy industry.

China has made breakthroughs in key technologies for nuclear power and unconventional oil and gas and achieved innovations in sectors such as smart grids, electric vehicles and energy big data, Zhang said.

China will continue to boost the use of clean energy and expand international energy cooperation in the future, he added.

Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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