Posts Tagged ‘Energy development’

China downgrades solar and wind power – pushes for nuclear, hydro and shale gas

April 8, 2012

Common sense and simple economics are beginning to reassert themselves as the the fundamental weaknesses in the fashionable Рbut subsidised Рexpansion of solar and wind power plants are revealed. The expensive, intermittent and unpredictable generation  that derives from solar and wind power plants can Рat best Рbe used to augment an existing system. They are actually useful as an auxiliary heat and power source as small decentralised units. But in a large power grid they are more of a nuisance than an asset and can only increase the cost to the consumer.

China has now published a policy document changing direction towards nuclear and hydro power and an accelerated development of shale gas use. Solar and wind power are downgraded.

Electric Light & Power

China will accelerate the use of new-energy sources such as nuclear energy and put an end to blind expansion in industries such as solar energy and wind power in 2012, Chinese Premier Wen Jiabao says in a government report published on March 5. 

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