China 2020: 120 GW Green Energy

[prashamk]

In the near-term China plans to develop 120000 MW’s of renewable energy by the year 2020; this would account for 12% of China’s total installed energy producing capacity. China's growth target for renewable energy production will require an investment of approximately 800 billion Yuan (-US$100 billion) by 2020.

At the end of 2007, wind power in China accounted for less than one per cent of electricity production in the country, with an installed capacity of just over 6 gigawatts (GW). China is the fifth largest producer of wind power, after Germany, the United States, Spain, and India.

Installed capacity of wind power in China increased 1040 MW or 82.5% from the end of 2005 to the end of 2006. Of the total of 80 wind farms presently operating in China, the China Longyuan Electric Power Group Corp. operates 32 wind farms in China; these 32 wind farms have 952 wind turbines that cumulatively have installed capacity of 780MW, or approximately 30% of total wind generating capacity in China.

- MORE

[Lady Hoot]

Great news if they can manage this. Hopefully China can lead the emerging nations into a greener future.

[prashamk]

They can manage anything. They are sincere. They are disclpined and now they have money too. Its entirely possible.

They have achieved many targets that previously were only dreamt about.

[Deathridesahorse]

The funny thing is, China is leading the developed nations!

HaHa, we are that pathetic.

Go China, tho. Good on 'em!

Actually, I want to be like China!

[include]

Dunno about wanting to be like them mate, but if they can invest a lot into renewables that's gotta be a good thing. I wonder how much of that will come from Three Gorges?

[prashamk]

Even india is expected to have fulfill about 10% of its energy demand from renewable resources. Report from Pricewaterhousecoopers says

Generating 10 per cent of electricity from renewable sources may be achieved sooner than many other targets.

The future could well look back to 2007-08 as the tipping point for renewable energy. Two global developments have set nations to re-evaluate their energy strategies — the dramatic re-pricing of fossil fuels and the security threat, and the growing opinion on climate change.

The challenge for India could not be greater. We are the world's fourth largest consumer of electricity, import about 5 per cent of our coal and 75 per cent of oil, and are increasingly exploring overseas supplies for future imports. Renewable energy forms a bare 3 per cent, is seen as a less reliable source to feed power grids, and needs subsidies to compete. So, is there hope?

The higher cost of energy and environmental concerns have brought renewed attention on renewable energy. But the confidence in its future comes from two other factors: new gains in technology, and reforms in the industry structure.

MORE

[Besoeker]

Originally Posted by prashamk

In the near-term China plans to develop 120000 MW’s of renewable energy by the year 2020; this would account for 12% of China’s total installed energy producing capacity. - MORE

This could be good but a couple of points might need furher clarifaction.
Installed capacity is just that. Installed capacity.
For an installed capacity of 120,000 MW of wind power, an output of 40,000 MW would be about par for the course. That's around 11% of 2006 consumption. If, as expected, consumption increases significantly between now and 2020, that percentage will also drop.
And that's if the plans are realised.

They might do more wind, overall consumption might decrease.....but I wouldn't bet the farm on either outcome.

[Deathridesahorse]

Originally Posted by Besoeker

This could be good but a couple of points might need furher clarifaction.
Installed capacity is just that. Installed capacity.
For an installed capacity of 120,000 MW of wind power, an output of 40,000 MW would be about par for the course. That's around 11% of 2006 consumption. If, as expected, consumption increases significantly between now and 2020, that percentage will also drop.
And that's if the plans are realised.

They might do more wind, overall consumption might decrease.....but I wouldn't bet the farm on either outcome.

Are you saying Germany uses some 400GW???

[spadlet]

Originally Posted by Besoeker

For an installed capacity of 120,000 MW of wind power, an output of 40,000 MW would be about par for the course.

Do you mean an output of 40,000 MWh per annum or a peak output of 40,000MW or am I being dumb not understanding?

[Besoeker]

Originally Posted by Deathridesahorse

Are you saying Germany uses some 400GW???

No.
........