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20160713MSC-WNISR2016V2-LR
20160713MSC-WNISR2016V2-LR
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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