China will instead develop nuclear power in 2012, actively develop hydroelectric power, tackle key problems more quickly in the exploration and development of shale gas, and increase the share of new energy and renewable energy in total energy consumption.
The guidance indicates a new trend for new-energy and renewable energy development in China from 2012. Analysts believe that the development of the solar and wind power industries will stabilize while hydropower will have the top priority in renewable energy development in China.
Hydropower to contribute two-thirds of renewable energy
Experts from China Electricity Council said the combined installed capacities of hydropower, nuclear power, wind power, solar power and bio-energy accounted for 27.5% of the country’s total installed power capacity as of Dec. 31, 2011.
The installed capacity of hydropower was 230 GW, nuclear power was 12.57 GW and wind power was 45.05 GW at the end of last year, accounting for 21.8%, 1.19% and 4.27% of China’s total installed capacity of electricity.
Meanwhile, China’s installed capacity was 2.14 GW in solar power, 4.36 GW in bio-energy, 24,200 kilowatts in geothermal energy and 6,000 kW in ocean energy at the end of 2011.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.