Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

EVENTS

HOME > EVENTS


China has huge potential in developing renewable energy for industry, IEA expert

November 9, 2017


Abstract : Rapid development of renewables in China has made it a great place to promote diversified use of renewable energy, said Cédric Philibert, a senior analyst of the International Energy Administration (IEA), at an exclusive interview with Xinhua here on Thur

167673829792402382

BEIJING, Nov. 9 (Xinhua) – Rapid development of renewables in China has made it a great place to promote diversified use of renewable energy, said Cédric Philibert, a senior analyst of the International Energy Administration (IEA), at an exclusive interview with Xinhua here on Thursday.

Besides power generation, renewable energy can be used to address clean energy demand and cut emissions in the industrial sector, and this is just what China’s industrial sector needs for its deep transformation, noted the analyst.

According to Cédric Philibert, China’s solar heating industry has seen a slowdown in the past two years after a rapid rise. Meanwhile, wastes of solar and wind power are massive in some remote regions. In the light of this, promoting renewable energy for the industrial sector will likely trigger a huge market for renewables in China.

Cédric Philibert introduces that renewables-based electrolysis of water can produce hydrogen-rich chemicals such as ammonia or methanol, which can be used
in various industries including fertilizer, steelmaking, building, transport, etc.

Now renewable energy development for industrial purpose is still at the beginning stage and is not much profitable. However, given its great potential to cut emissions and promote green development, the Chinese government could consider giving it more financial support especially by procurement of green materials, said the energy expert.

In terms of renewables technology, China and IEA have great room for cooperation in joint study and making shared industrial standards, he added.

Cédric Philibert’s latest paper, Renewable Energy for Industry, was jointly issued by the IEA and China Economic Information Service (CEIS) of Xinhua News Agency also on Thursday. (Edited by Liu Xiaoyun, liuxy08@xinhua.org)


Related Coverage

Focus

Think Tank

  • How China can become a major importer

    November 16, 2018

    To actively play the role of a "major importer" in the future is not simply ...

  • Raising China's imports requires targeted long-term ...

    November 15, 2018

    It is a long-term process for China to expand imports, and policymakers need...

  • Deepening reform and opening-up will help achieve ec...

    November 14, 2018

    Despite severe and complicated external and internal situations, China's eco...

  • Contours of a new international economic order

    November 13, 2018

    CIIE presents China as the world's most promising market for imports of good...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial