China's energy structure needs further improvement

Nov 21, 2003 01:00 AM

Although the capacity and production of China's energy industry have expanded all along, the industry's production and consumption structures need further improvements, according to the State Development and Reform Commission.
China's gross energy output reached 1.39 bn tons in standard coal terms in 2002, with coal accounting for 70.7 %, crude oil, 17.25 %, natural gas, 3.2 %, and hydropower, 8.9 %.

The aggregate energy consumption has reached 1.48 bn tons in standard coal terms, with coal making up 66.1 %, crude oil, 23.4 %, natural gas, 2.7 %, and hydropower, 7.8 %.
The commission said that the proportion of coal consumption is too high, constituting the major source of environmental pollution. China's surplus oil recoverable reserves account for 1.8 % of the world's total.

In addition, China's energy utilization ratio averaged 32 %, 10 percentage points lower than economically developed countries, and unit cost of major products is 30 % lower than the world's average. The amount of commercial renewable energy accounts for 2.5 % of the gross volume of energy consumption aggregate. The ratio of development and utilization of small hydropower resources accounts for only 23 % of the total, and the utilization ratio of wind power accounts for 5/10,000.

Source: AsiaPulse via Comtex
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