China Unveils 2016-2020 Development Plan for Power Industry

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Researched by Industrial Info Resources China (Beijing, China)--China's National Development and Reform Commission (NDRC) and National Energy Administration (NEA) have jointly published the Development Plan for Power Industry 2016-2020.

According to the plan, China's total installed power generation equipment capacity will reach 2,000 gigawatts (GW) in 2020, with an annual average growth of 5.5%, and the installed capacity per capita is expected to reach 1.4 kilowatts in 2020, an average annual growth rate of 4.75%. By the end of 2020, China's overall power consumption will reach about 6.8 trillion kilowatt hours (kWh) to 7.2 trillion kWh (kWh), an average annual growth rate of 3.6-4.8%, and the power consumption per capita is expected to reach 4,860-5,140 kWh, an average annual growth of 3.2-4.4%. The portion of electricity for total energy consumption is expected to increase from 25.8% in 2015 to 37% in 2020.

The portion of non-fossil-fuel-derived energy in the consumption mix will increase from 12% in 2015 to 15% in 2020.

The portion of non-fossil-fuel-derived energy in total installed capacity is expected to increase from 35% in 2015 to 39% in 2020. This includes conventional hydropower installed capacity, which is expected to increase from 297 GW in 2015 to 340 GW in 2020, an annual average growth of 2.8%; pumped storage hydropower is expected to increase from 23 GW to 40 GW in 2020, an annual average growth of 11.7%; nuclear power is expected to jump from 27 GW in 2015 to 58 GW in 2020, an annual average growth of 16.5%; wind power is expected to increase from 131 GW in 2015 to 210 GW in 2020, an annual average growth of 9.9%; and solar power is expected to jump from 42 GW in 2015 to 110 GW in 2020, an annual average growth of 21.2%.

The portion of fossil-fueled installed energy capacity is expected to drop from 65% in 2015 to 61% in 2020. Coal-fired capacity, which will be limited to 1,100 GW in 2020, an annual average growth of 4.1%; gas-fired power is expected to reach 110 GW in 2020, an annual average growth of 10.8%.

Industrial Info tracks more than 6,200 active power projects in China with a total proposed investment of $1 trillion and more than 3,500 operational power plants.

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