Navigation

sail Online
Visited by mobile
back top

China to attract more social fund in energy sectors

Date:06/12/2014   View: 942   Tags: China; Energy sectors; Social fund
<span style="white-space:normal;">China aims to lower the market threshold and absorb more social capital for state grid, pipelines, clean energy and mineral resources projects, the country's top economic planner said on December 4.</span><br /> <br /> The decision is a part of the move to fully mobilize social investment and maintain the pivotal role of investment in stabilizing economic growth, said Li Pumin, spokesman with the National Development and Reform Commission (NDRC).<br /> <br /> Li said easier market access should further break industrial monopolies, reduce market barriers and create a fairer investment environment, thus rejuvenating the market.<br /> <br /> The State Council, China's Cabinet, issued a guideline on November 26, saying that they will further ease market access to key industries in a bid to spur investment through innovating financing and investment regimes.<br /> <br /> Pilot projects have been introduced in the power sector, said Han Shui, director of the electricity department at the National Energy Administration (NEA).<br /> <br /> Private investors are encouraged to invest in two power projects owned by China Southern Power Grid -- the Hainan-Guangdong loop lines project and the Yunnan-Shenzhen 800 KV project, Han said.<br /> <br /> Three of the 12 power transmission channels planned by the State Council are now under construction, which will provide electricity of 90 TWh every year and reduce coal consumption of 27 million tonnes in the eastern areas of Beijing, Tianjin, Shandong, Hebei and the Yangtze River Delta, Han added.<br /> <br /> China is also promoting social capital injection in clean energy sources such as solar and nuclear power.<br /> <br /> Zhu Ming, deputy director of the NEA's New and Renewable Energy Department, said the central government is exploring the pilot zones of distributed PV power generation.<br /> <br /> He said 18 approved pilot zones will provide 1.82 GWh of electricity by the end of 2015, attracting social capital of 16 billion yuan.<br /> <br /> <p> The State Council has also announced to restart nuclear power generation projects in coastal areas with the world's highest safety standard, the NEA's nuclear department head Liu Baohua said. </p> <p style="text-align:center;"> <img src="/upfiles/news/image/20141206/20141206110557_7458.jpg" alt="" /> </p> <p> <br /> </p>

Menu

Hot News

skype sail Online Email:sales@chinacoalintl.com
menu
Home Products Top

+

+

Please leave a message


skype sail Online Email:sales@chinacoalintl.com
menu
Home Products Top

+

+

Please leave a message