Bureau of Energy: Beyond 2020, New Energy Development will See a Peak
Date:04-15-2015 Source:ChinaSecurities
On April 15, the 9th International New Energy Summit was held. Liang Zhipeng, vice minister of National Energy Administration said new energy development will see a peak after 2020. New energy development in the Thirteen’s Five Year Plan will be featured by: 1. Renewable energy will turn from supplementary of fossil fuels to substitute of fossil fuels; 2. Transition of renewable energy should be realized on the production side and solar energy generation should be the primal force of energies in production; 3. Renewable energy development will be adjusted according to regional condition; 4. Transition of renewable energy should be realized on the consumption side. Renewable energy should supply heat and supplement electricity.
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