The State Information Center in China was cited that a “newly developing energyThe ability to perform work, mainly kinetic, potential, thermal energy, but also in forms of gravitational, sound, elastic and electromagnetic energy. industries” plan involving $739 billion in investment through 2020 has been approved by the National Development and Reform Commission and will be submitted to the State Council for approval.

Officials announced that such energy industries include nuclear, windWind occurs due to different temperature levels in the atmosphere (troposphere) which are heated up by the sun. A typical example are the trade winds at the equator where the sun is most powerful.., solar and biomassEnergy resources derived from organic matter. These include wood, agricultural waste and other living-cell material that can be burned to produce heat energy. They also include algae, sewage and other organic substances that may be used to make energy through chemical processes.
Biomass, a ... energy, as well as clean coal, smart gridSmart grids operate with a two-way communication, switching on appliances when demand is low and connects local producers at peak times. Smart grids are a way to improve efficiency through advanced technology., distributed energy and new energy sources for vehicles.  An agreement to close at least 10,000 megawatts of outdated coal-fuelled powerUseful energy can be mechanical energy, for example powering a fan. capacity before October this year is already signed, a step towards reducing the current situation where coal still  accounts for 70% of China’s primary energyPrimary energy describes the primary energy content of raw wood, crude oil or coal. Units usually are Joule and toe (tonnes of oil equivalent). sources. A domestic market for trading carbon emissions is also likely to be set up by 2014.

Wind power is an important energy source in the new energy mix because wind farmsA group of wind turbines interconnected to a common power provider system through a system of transformers, distribution lines, and (usually) one substation. Operation, control, and maintenance functions are often centralized through a network of computerized monitoring systems, supplemented by ... amortize comparatively  quick and large parts of China are suitable for building big capacities of wind powerWind power is the conversion of wind energy into a useful form, such as electricity, using wind turbines. By 2010, a single wind turbine can produce several MW of electric power.. China’s installed wind power capacity has been doubling annually in the past four years to around 25 GW at the end of 2009, with the majority built in inland regions where wind power is rich but power demand is relatively small. In April it had been pointed out by Liu Qi, deputy head of the energy administration, that the largest constraint to large-scale wind power development is the lack of sufficient gridA grid is a network of transmission lines, usually to distribute electric power . connection. Six months of research to focus on wind power planning, market development and power transmissionThe delivery of electricity to the retail customer's home or business through low voltage distribution lines. were organized at the time.

The EU and China will continue their efforts to provide support for both Chinese and European energy sector key players, and its objective is to promote increased use of clean energy. Manuel Barroso and Zhang Guobao, head of China’s National Energy Administration agree on similar targets on clean energy. For the EU’s efforts to achieve its energy and climate change objectives it is necessary to form partnership with friends around the world. Important prospects for developing concrete projects within China and the European Union are feasible and beneficial in the future.
This year in May Chinese Premier Wen Jiabao also encouraged foreign investors to seek business opportunities in China’s economic reform.  Zhang Guobao said at the time: “As of the end of 2009, China had introduced about 30,000 technological projects from the EU, among which wind, photovoltaicPhotovoltaics (PV) is the field of technology and research related to the application of solar cells for energy by converting sunlight directly into electricity. Solar power is sometimes used as a synonym to refer to electricity generated from solar radiation. and nuclear power projects account for a rather big proportion,”

The “newly developing energy industries” plan will be submitted to the State Council for approval and will hopefully impact new projects and investment. There’s much movement going on right now and technologically all necessary adaptations for a new energy mix are already feasible. It’s time for courageous and bold implementation!