China could quickly move to a renewable energy future
Groundbreaking analysis shows China’s renewable energy future within reach Washington, D.C. WWF 19 Feb 14 – By embracing conservation measures and renewable energy, China can transition to an 80 percent renewable electric power system by 2050 at far less cost than continuing to rely on coal, according to a new report from WWF-US.
As a result, China’s carbon emissions from power generation could be 90 percent less than currently projected levels in 2050 without compromising the reliability of the electric grid or slowing economic growth.
The China’s Future Generation report was prepared by the Energy Transition Research Institute (Entri) for WWF and uses robust computer modeling to simulate four scenarios based on today’s proven technology: a Baseline, High Efficiency, High Renewables, and Low-Carbon Mix scenario. To develop its findings, Entri examines China’s electricity supply and demand on an hour-by-hour basis through 2050 using its advanced China Grid Model.
In addition to ramping up development of renewable power sources, the world’s most populous and energy-hungry nation will need to simultaneously pursue aggressive energy efficiency initiatives to reduce electricity demand. These efficiencies, including bold standards for appliances and industrial equipment, can reduce annual power consumption in 2050 by almost half, which would set the gold standard for these products globally and make the shift to a renewables-based power system possible……..
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