China's National Energy Administration will push for a policy to increase gas-fired power capacity to 50 gigawatts by 2020, up from its present 5 gigawatts, the China Securities Journal reported Thursday, citing an unnamed person familiar with the matter.
China
's
National Energy Administration will push for a policy to increase gas-fired
power capacity to 50 gigawatts by 2020, up from its present 5 gigawatts, the
China Securities Journal reported Thursday, citing an unnamed person familiar
with the matter.
China hopes to build 1,000 new gas-fired power plant projects by the end of
this year, the report said, adding that in the next 10 years, China's gas
market could be worth more than CNY150 billion (US$23.5 billion).
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