China Energy Consumption to Rise in 2016

China Energy Consumption to Rise in  2016China Energy Consumption to Rise in  2016

China expects its energy consumption to grow in 2016, the official Xinhua news agency of the world's largest energy consumer said on Tuesday.

The country's apparent oil demand will reach 550 million tons (11 million barrels per day) and apparent gas demand will hit 205 billion cubic meters, Nur Bekri, head of the National Energy Administration, was quoted as saying by Xinhua.

Electricity consumption will rise to 5.7 trillion kilowatt-hours and coal consumption will be 3.96 billion tons.

"Non-fossil fuels will also make up 13.2% of primary energy needs in 2016, up from 12% this year, while coal will fall to less than 62.6% from 64.4%," he said.

Natural gas will account for 6.2%, while non-fossil fuels, including nuclear and renewables, will account for 35.7%. Renewable power will account for 1.7 trillion kWh in 2016, with more than 20 gigawatts of wind and 15 GW of photovoltaic solar capacity being added. Overall growth in energy consumption this year was at its lowest since 1998 at 0.9%, he added.

This year, China will have imported 330 million tons (6.6 million bpd) of oil and 60 bcm of natural gas. Installed energy capacity will have reached 1.47 billion kilowatts, up 7.5%.

In principle, China will stop approving coal mining projects for three years starting March and aims to close more than 1,000 mines that have "lagged behind", Bekri said.

"Crude oil production is expected to rise to 220 million tons (4.4 million bpd), even as global prices near 11-year lows. Natural gas production, including shale gas and coal-bed methane, is expected to rise to 140 bcm," he added.