Govt should recalibrate focus of its new energy subsidies

STATISTICS SHOW THAT although China leads the world in installed capacity, much of the energy generated by hydro power, wind power and photovoltaic power is wasted. Beijing News commented on Monday:

The growth in electricity consumption has slowed, while the supply of electricity has increased rapidly, particularly because of the country's growing number of power plants, which has resulted in a lot of new energy generated electricity being wasted.

The vast inland area of western China produces a lot of clean energy generated electricity, but it is the coastal areas of East China that are the main consumers of electricity. That the country's capability to store energy and its power grid transmission capacity are lower than the requirements, causes a huge waste of hydro, wind and photovoltaic generated electricity.