China’s cabinet approves energy consumption control target

The State Council, or China’s Cabinet, on Wednesday approved an energy consumption control target, part of the country’s efforts to correct overuse and foster greener growth. The government aims to keep total energy consumption below 4 billion tonnes of standard coal equivalent by 2015, with electricity consumption below 6.15 trillion kilowatt hours, according to a […]

China sets slower energy consumption targets

The Chinese government is aiming to slow energy consumption in the years to come in order to create a greener economy, according to a central government energy plan issued on Thursday. Total energy consumption will be reduced to less than 4 billion tonnes of standard coal equivalent by 2015, according to an energy plan for […]

Green energy’s global share to remain marginal in 2040

Green energy’s global share to remain marginal in 2040

Solar power, wind energy and bio- fuels will grow faster than other energy sources but their combined share will not be able to meet the growing energy demand before 2040, a senior manager of U.S. energy giant Exxon Mobil said Wednesday. Presenting Exxon Mobil’s Energy Outlook 2040 at the ongoing World Future Energy Summit 2013, […]

China remains world’s largest energy producer

China remains world’s largest energy producer

China remained the world’s largest energy producer for a fifth year in 2012, China’s energy authority said Wednesday. The National Energy Administration (NEA) said in a statement on its website that the country’s total installed power generation capacity reached 1.14 billion kilowatts (kw) by the end of 2012. Installed hydropower capacity stood at 249 million […]

Three Gorges project generates record power

The Three Gorges Power Plant, China’s largest hydropower project, generated 98.1 billion kilowatt-hours (kwh) of electricity in 2012, a record high, according to an announcement from the China Three Gorges Corporation on Tuesday. The power generation volume grew 25 percent year on year and accounted for about 14 percent of the country’s total power generated […]

China to further promote energy-efficient vehicles

China expects to have 39,700 energy-efficient and new-energy vehicles in operation by the end of March 2013, according to a statement from the Ministry of Science and Technology on Sunday. A total of 27,400 energy-efficient and new-energy vehicles are currently running in 25 cities including Beijing, Shanghai and Shenzhen, with 23,000 buses, vans and cars […]

Sinopec, Conocophilips to research W China shale gas

Sinopec, Conocophilips to research W China shale gas

The Sinopec Group, the world’s fifth-largest oil company, said Tuesday it will jointly study shale gas development with Conocophilips in west China’s Sichuan Basin over the next two years. A statement from Sinopec said the Sinopec Exploration Southern Company, a Sinopec subsidiary, will conduct research on the exploration, development and production of shale gas with […]