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China’s renewable energy – not only to decarbonise, but for energy security

flag-ChinaChina shows there’s more to renewable energy than fighting climate change ” The Conversation.11 September 2014, .… China’s large investments in renewables are best understood as enhancing the country’s energy security and not solely as a means of reducing carbon emissions…….

As the scale of Chinese manufacturing has grown — in our article we note that production of solar cells has expanded about 100-fold since 2005 — the costs of renewable-energy devices have plummeted. Countries such as Germany and South Korea, like China, are boosting their national renewable-energy industries and markets.

But others, including the United States, seem yet to notice this shift and are pursuing ineffective energy policies, including considering alternative fossil-fuels sources like coal-seam gas and putting trade tariffs on Chinese-made solar panels. Indeed oil addiction in the US appears to be worse than ever.

There are clear implications for Australia too. The current wave of anti-renewables rhetoric and negative reaction by the Australian government is out of step with the rest of world, and in particular with China and India, (and Germany) all of which countries see renewables as an important and growing element of their energy mix.

And there is a second clear implication: as they build their renewables industries, these countries will come to depend less and less on fossil fuels – and (China in particular), less and less on imports of Australian fossil fuels……..

In terms of electric power generation, China generated over 1,000 terawatt hours of electricity from water, wind and solar sources in 2013, which is comparable to the entire power generation combined of France and Germany.

But it is the rate of expansion that is so remarkable. China is rapidly expanding its renewable energy industries and its use of renewable devices to generate electric power.

Its latest target is that renewables will have a capacity of 550 gigawatts — over half a trillion watts — by the year 2017. We calculate that this will exert a major impact in China — enhancing energy security; reducing emissions pollution; and reducing carbon emissions.

But the primary impact will be on energy security. China became a net importer of oil in 1993; of natural gas in 2007; and of coal in 2011. If it can reach its 2017 target of 550 GW renewables, we calculate that this would translate into a saving of 45% on current imports of coal, oil and natural gas.

China is leading the way to a world of decarbonized energy, by placing the emphasis of its policy on growing the markets for renewables and building the industries to supply wind turbines, solar cells, batteries and other devices.

In this way it is driving down costs, through the learning curve, and making renewables more accessible to all countries. This is good for China, and for the world.http://theconversation.com/china-shows-theres-more-to-renewable-energy-than-fighting-climate-change-31471

September 13, 2014 - Posted by | China, renewable

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