Home GRASP GRASP/China China to Increase Non-Fossil Fuel Consumption to 20% by 2030

China to Increase Non-Fossil Fuel Consumption to 20% by 2030

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China wants its non-fossil fuels to account for around 20 percent of its total energy consumption, increasing by over half of the current demand by 2050, the country’s National Development and Reform Commission (NDRC) said on Tuesday.
China wants its non-fossil fuels to account for around 20 percent of its total energy consumption, increasing by over half of the current demand by 2050, the country’s National Development and Reform Commission (NDRC) said on Tuesday.
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According to a policy document, carbon dioxide emissions will peak by 2030 and total energy demand will reach six billion tons of standard coal equivalent by 2030,1.6 higher than this year’s target, Reuters reported.
The NDRC plans to increase oil and underground natural gas storage facilities, although it did not divulge specific details about the plan. The statement also stressed the commitments that are part of the five-year plans including its aim to boost use of wind and solar power.

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