Friday, August 17, 2012

10 facts about energy in China

  1. China is the world's largest consumer of energy and accounts for a staggering 21% of global energy use. By comparison Canada accounts for 2.7%.
  2. Energy use in China has increased by more than 150% in the past decade.
  3. Per capita energy use in China is far below the US, Canada, South Korea, Russia, Japan and the EU.
  4. China's manufacturing sector accounts for nearly 60% of all consumption.
  5. China generates more than 70% of their energy from coal.
  6. China has doubled its coal production in the past decade.
  7. Coal consumption has increased by 200% in the past decade.
  8. China's renewable capacity is at 133 GW and growing fast - mostly from hydro and wind.
  9. Solar PV is the most expensive electricity source in China.
  10. Natural gas consumption is now outpacing production in China.
Source: Goldman Sachs Report on Sustainable Growth in China: Spotlight on China, August 13, 2012

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