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US$43 billion and wind power was US$42 billion, 344 that compares to the start of construction on<br />

six new nuclear power plants, with Capex of an estimated, based on government figures, of around<br />

US$18 billion. 345<br />

The 13 th Five Year Plan (2015-2020) proposes new targets for energy efficiency, the reduction of<br />

carbon intensity as well as diversification away from fossil fuels, whereby non-fossil fuels are to<br />

provide 15 percent of primary energy consumption by 2020, up from 7.4 percent in 2005. 346<br />

Consequently, the explosive growth of renewables is expected to continue with a likely increase<br />

of installed capacity of approximately 19.5 GW of solar PV in 2016. Officials from China’s National<br />

Energy Administration (NEA) are considering raising the 2020 solar target from 100 GW to<br />

150 GW, which would bring about 21 GW of annual installation between 2016 through to 2020. 347<br />

Figure 37: Electricity Production in China from Nuclear, Wind and Solar 2000-2015<br />

TWh/y<br />

200<br />

180<br />

160<br />

140<br />

120<br />

100<br />

© Mycle Schneider Consulting<br />

Electricity Production from Wind, Solar and Nuclear in China 2000-2015<br />

(in TWh/year)<br />

Wind<br />

Nuclear<br />

Solar<br />

93<br />

141<br />

160<br />

124<br />

185<br />

161<br />

80<br />

60<br />

40<br />

20<br />

0<br />

96<br />

66<br />

70<br />

50<br />

39<br />

28<br />

23<br />

16<br />

16<br />

6<br />

4<br />

0<br />

1<br />

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015<br />

Sources: BP Statistical Review, IAEA-PRIS 2016<br />

344 FS-UNEP, “Global trends in renewable energy investment 2016”, Frankfurt School-UNEP collaboration<br />

Centre, Bloomberg New Energy Finance, March 2016.<br />

345 WNA, “Nuclear Power in China”, 25 May 2016, see http://www.world-nuclear.org/informationlibrary/country-profiles/countries-a-f/china-nuclear-power.aspx,<br />

accessed 19 June 2016; and WNA, “Nuclear<br />

Power in China”, January 2015.<br />

346 China Dialogue, “Climate, energy and China’s 13th Five-Year Plan in graphics”, 18 March 2016, see<br />

https://www.chinadialogue.net/article/show/single/en/8734-Climate-energy-and-China-s-13th-Five-Year-Planin-graphics,<br />

accessed 23 May 2016.<br />

347 Junko Movellan, “The 2016 Global PV Outlook: US, Asian Markets Strengthened by Policies to Reduce<br />

CO2”, 25 January 2016, see http://www.renewableenergyworld.com/articles/2016/01/the-2016-global-pvoutlook-u-s-and-asian-markets-strengthened-by-policies-to-reduce-co2.html,<br />

accessed 23 May 2016.<br />

Mycle Schneider, Antony Froggatt et al. 110 World Nuclear Industry Status Report 2016

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