China is promoting the expansion of renewable energy sources. The National Energy Administration (NEA) announced on Thursday that it will invest 343 billion euros between 2016-2020 in a program to expand alternative energy sources to coal.
This should lead to the creation of over 13 million jobs in this sector. The NEA also reaffirmed its 2020 target of covering about 15 percent of total energy consumption from alternative sources of coal. The program includes wind, water and solar energy, as well as nuclear power.
Thus, China is moving more and more away from dirty coal as a fuel. Air pollution in the north of the country and in Beijing has sparked a debate about new spending. The capital city is currently suffering from severe smog. China's NDRC recently unveiled a five-year plan, according to which about 138 billion euros will go towards solar energy development. Here, the capacity will be increased fivefold, which, according to experts, is about 1000 solar power plants.
China invested 343 billion euros in renewable energy sources
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Azovpromstal® 6 January 2017 г. 11:51 |
