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China pledges clean energy development, deployment

(chinadaily.com.cn)
Updated: 2016-06-03 16:30
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From left to right: Ambassador of Morocco to the United States Rachad Bouhlal, Laurence Tubiana, Special

Representative for the 2015 Paris Climate Conference and French Ambassador for Climate Negotiations,

 Jonathan Pershing, US Special Envoy for Climate Change, and David Sandalow, Inaugural Fellow, Columbia

 University, Center on Global Energy Policy at a panel discussion on "Road from Paris and the CEM" during the

Seventh Clean Energy Ministerial in San Francisco on Thursday.(Photo by LIA ZHU/CHINA DAILY)

    China will implement a series of policies and measures to drive clean energy development and deployment in an effort to promote harmony between peopled and nature, the Seventh Clean Energy Ministerial (CEM7) was told on Thursday.

    Hundreds of energy policy-makers, business executives and investors from around the world convened in San Francisco at the CEM7 Action Summit to discuss implementation of the initiatives of the UN Climate Change Conference in Paris last December.

    The summit represented the international community's common concern about clean energydevelopment and deployment, said Chinese President Xi Jinping in a letter to the summit read by Yin Hejun, China's vice-minister of science and technology.

    Going forward, China's growth philosophy will be driven by innovation, coordination, green development, openness and sharing, Xi said.

    While implementing a series of policies and measures, China will gear up clean energy development with major efforts, optimize its industrial structure, set up a low-carbon energy system, promote green buildings and low-carbon transport and establish a national carbon emission trading market, he said.

    As a major energy producer, consumer and investor, China has put clean energy high on its agenda to achieve substantial development, Wan Gang, Chinese minister of science and technology, told the summit via a video.

    He said China is in a transition towards clean and renewable energy and China has become the world's leader in wind, hydro and solar PV power generation.

    According to the Renewable 2016 Status Report by the Renewable Energy Policy Network for the 21st Century (REN21), new annual investment in renewable power and fuels reached $4285.9 billion in 2015, the largest annual increase ever, and China is the world's largest investor, followed by the U.S., Japan, the UK and India.

    Global investment climbed to a new record level in spite of the plunge in fossil fuel prices and other factors, noted the report. For the sixth consecutive year, renewables outpaced fossil fuels for net investment in power capacity additions.

    It's important for the clean energy sector to understand that financing clean energy is the key, said Steven Chu, former U.S. secretary of energy, adding that financing is the key to bringing electricity to rural areas.

    "China is very serious about diversifying its energy and getting new energy on the market," he said, showing a map of world-leading high-voltage lines in China. "They have just begun construction of a 3,200-km 1.1 MW DC line which loses only 5 percent of its energy."

    "By comparison, the majority of high-voltage lines in the U.S. are below 500 kilovolt AC and 85 percent of the power would be lost if it was transmitted over that distance," he said, while encouraging the policymakers to learn from each other.

    China has carried out all tasks and measures to meet the requirement of Mission Innovation and play an active and responsible role in implementing the initiatives, said Wan in the video. "China is ready to share the best practices with other countries," he added.

    Launched in 2010, the first CEM was hosted by the U.S. in Washington. Next year's CEM8 will be held in Beijing. Together, the 23 member countries and the European Commission account for about 90 percent of the world's clean energy investments and 75 percent of its greenhouse gas emissions.

 

 

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