USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Industries

China plans 50b yuan of investment in rural methane projects

Xinhua | Updated: 2017-02-11 14:29

BEIJING - China will spend 50 billion yuan (about $7.3 billion) on building methane projects in rural areas as the government seeks to increase the use of clean energy.

According to a plan released by the country's top economic planner, during the 13th Five-Year Plan (2016-2020) period, China will build 172 new biogas projects and 3,150 large-scale methane projects.

The plan aims to increase the country's methane producing capacity by 4.9 billion cubic meters, replace the equivalent of 3.49 million metric tons of standard coal with cleaner energy and cut carbon emissions by 17.62 million tons.

The projects will benefit more than 230 million rural residents.

China's fast-growing economy has seen rural energy consumption surge and the rapid expansion of the livestock breeding and agro-industries. These rural businesses create billions of tons of biomass waste annually, which can potentially be used to produce energy.

According to official estimates, China generates 1.4 billion tons of rural waste materials annually that could be used for methane production. This amount of waste could produce 73.6 billion cubic meters of biogas and replace 87.6 million tons of standard coal.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US