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Research and Markets has announced the addition of the "Analyzing Renewable Energy in China" report to its offering.
China's
rapid economic growth and heavy reliance on increasingly expensive
foreign oil, the vast environmental toll that is one of the most
apparent costs of China's economic success, persistent rural poverty in
China and periodic power shortages all have impressed upon the Chinese
government that renewable energy must be a large part of China's
economy if China is to both complete its economic transformation and
achieve "energy security". China rapidly has moved along the path of
renewable energy development.
In the near-term China plans to
develop 120000 MW's of renewable energy by the year 2020; this would
account for 12 percent of China's total installed energy producing
capacity. China's growth target for renewable energy production will
require an investment of approximately 800 billion Yuan ($100 billion)
by 2020.
China has set a renewable energy target of 10 percent
of electric power capacity by 2010 (expected 60 GW); 5% percent of
primary energy by 2010 and 10 percent of primary energy by 2020. In the
long term, China has set an objective of having 30 percent or more of
its total energy requirements satisfied by renewable sources by 2050.
The
emerging renewable energy and sustainable development sectors in China
have provided global companies who have products and services to sell
to or buy from China's rapidly growing renewable energy and sustainable
development sectors and other policy makers, NGOs and interested
parties.
There have been co-ordinated efforts by Chinese
companies, industry associations, central and local government agencies
and non-governmental organizations to develop the renewable energy
sector.
A focus on the Renewable Energy Industry in China in its
report - Analyzing Renewable Energy in China. The report is a complete
analysis of the various sectors of renewable energy in China.
Starting
with an analysis of the overall energy industry in China, the report
analyzes the following renewable commodities: small hydro power, large
and medium hydropower, biomass, solar, and wind energy. China's
environment for the development of renewable energy is also discussed
in details in the report. Regulatory frameworks, government incentives,
government programs promoting the use of renewable energy, etc., are
all described in the report.
