China’s installed capacity to grow 10.5 percent annually – Xinhua

From Xinhua, via eview.com:

China’s capacity to generate is expected to grow by 10.5 percent a year until the end of the decade, to fuel its fast growing economy, according to the State Electric Grid Corporation.

The growth rate will be adjusted downward to 6.7 percent for the 2011-2015 period and further down to 4.17 percent for the 2016-2020 period, says the report on the longer-term development strategy for the country’s power industry.

According to the report, by the end of 2010, China will need 3.81 trillion kw/h of electricity, with its total installed capacity expected to reach 852 million kw. [Full Text]

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