August 19 – Industrial electricity consumption rose 5.3% year on year to 2.17 trillion kilowatt hours in the first 7 months of 2013, accounting for 72.6% of China's total power consumption, the China Electricity Council said.

August 14 – China's power consumption rose 8.8% year on year to 495 billion kilowatt hours in July, but the strong growth was due largely to the hot weather rather than industrial consumption, according to the National Energy Bureau.

August 12 – China's monthly net oil imports are expected to exceed the US again in October and become the world's largest net oil importer by 2014 as the US's oil consumption plateaus and domestic production grows, according to the US Energy Information Administration. China first eclipsed the US's monthly net oil imports in December 2012.

August 9 – The value of output from China's energy conservation and environmental protection is estimated to grow 15% annually to 4.5 trillion yuan in the 5 years through 2015, according to the National Development and Reform Commission.

August 9 – China's power generation rose 8.1% year on year to 479.5 billion kilowatt hours in July, the National Bureau of Statistics said.

August 6 – China's liquefied natural gas plants decided to raise the ex-factory price by 27% to 1.89 yuan/cubic meter, according to monitoring agencies. It is believed the price hike was prompted by a more than 100% rise in liquefied natural gas raw material prices.

August 2 – The value of output from China's clean energy industry amounted to 320 billion yuan in 2012 after growing over 10% annually during the recent years, according to the China International Cleaning Industry Expo. The industry involves energy conservation, environmental protection, alternative energy, new materials and vehicles powered by clean energy.

July 31 – The State Council has approved a series of policies that support the growth of green and low-carbon industries, the Shanghai Securities News reported, citing Xie Zhenhua, deputy director of the National Development and Reform Commission. It is projected that China will invest a total of 2.3 trillion yuan in energy saving and emissions reductions projects, including 1.8 trillion yuan in renewable energy.

July 31 – China's investment in clean energy rose 63% quarter on quarter to $13.8 billion in Q2 2013, ranking first worldwide, according to Bloomberg data. The US's investment was $9.5 billion, the world's second largest, and its 155% quarter on quarter growth was the fastest in Q2 2013. The world's total investment in clean energy was $53.1 billion in Q2 2013, up 22% from a quarter earlier.

July 26 – China's installed power generation capacity is expected to total 1.23 billion kilowatt hours by the end of 2013, ranking first worldwide, according the China Electricity Council. Close to 90 million kilowatt hours of capacity is expected to be installed in 2013, including 47 million kilowatt of renewable energy capacity, 40 million kilowatt of coal fired capacity and 2.21 million kilowatt of nuclear power.

July 24 – China's subsidy for photovoltaic power generation has been set at 0.42 yuan/kilowatt hour, close to the 0.45 yuan/kilowatt hour ceiling proposed by the National Energy Administration.

July 24 – China's hydropower generation rose 8.5% year on year to 83.6 billion kilowatt hours in June, according to the National Development and Reform Commission.

July 17 – Nuclear power development in China is likely to exceed the planned capacity if the current growth pace continues, according to Xu Yuming, deputy director of China Nuclear Industry Association. China's commissioned nuclear power is set at 58 gigawatts and 30 gigawatts under construction by 2020, according to a nuclear power development plan published in October 2012. Experts said this 88-gigawatt capacity is a 300 billion yuan market for domestic nuclear power equipment manufacturers in the next 10 years.

You are currently reading words of total words in this article.
To continue reading this article, you must be a subscriber. Log in now..

Finish this article for free.
C-M-O-D-O AUTHENTIC SITE PayPal
@2014 China Economy @ China Perspective.
All Right Reserved.
Server SSL Certificate