CHINESE BUILDING RENEWABLES, INDIA WATCHING

Very little notice taken of this event or these predictions in the western press but noticed in India.

Some say China’s commitment to renewable energy, especially solar energy, is primarily in anticipation of the 2008 Summer Olympics and expect Chinese development to slow after that. Predictions at this conference suggest otherwise.

There are also rumors of a giant oil strike off China’s eastern coast. Will that impede renewable growth? NewEnergyNews is watching.

Renewable energy may account for 30 percent of Chinese energy supply by 2050
September 19, 2007 (ANI via Yahoo News India)
and
Renewable Energy Development on a Fast Track
September 19, 2007 (China.org)

WHO
Shi Dinghuan, president, Chinese Renewable Energy Society

Getting greener (and richer) every year. Can your country claim the same?

WHAT
The latest projections have China drawing 30% of its energy from renewables by the end of this half century.

WHEN
- Projections for China through 2050 were presented September 19.
- This is the 1st time the International Solar Energy Society's Solar World Congress has been held in China since the event was initiated more than 20 years ago.

WHERE
- The International Solar Energy Society's Solar World Congress 2007 was held in Beijing, China.

WHY
- China presently gets 8% of its energy from renewable sources. Its declared national goal is 15% by 2020.
- China is projected to have developed 300,000-500,000 megawatts of wind energy by 2050 and 200,000-300,000 megawatts of solar energy in the same time period.
- Hydropower is expected in this scenario to produce 100,000 megawatts in China by 2030.

Keep it in mind for next year.

QUOTES
Shi: “China’s renewable energy development has stepped onto the fast track…China [has] to pay more attention to developing renewable energy in order to ease the conflict between economic development and environmental protection.”