The official in Energy Bureau said that the plan on boosting new energy “will soon be released”.
With the oncoming release of the plan on boosting new energy and adjustment on relative development goals, it is predicted that in 2020, the overall investment on new energy will be over 3 trillion yuan.
This information is disclosed by Liang Zhipeng, the chief of New Energy Section, National Energy Bureau, in the fourth Renewable Energy Financial Forum held in Beijing yesterday.
Liang Zhipeng said, the new energy plan which is being made will only make arrangements for the next three years, instead of from 2009 to 2020 as the rumor in the market. He also said that the plan “will soon be released”.
It is said that the draft of the plan has already been completed, opinions from the representative enterprises and local development and reform departments have already been collected, and now opinions from ministries and commissions are being collected. At the end of last month, an official who was involved in the plan making told a CBN journalist that different sections of the plan had been assigned to related departments to compile. The comparison of these two pieces of information indicates that the plan is progressing very quickly.
“Some figures in the draft haven’t been confirmed, so it’s still not possible to calculate the investment in the following three years.” During the break of the forum, Liang Zhipeng told the reporters that a series of goals related will be dramatically changed since the development of new energy has gained great momentum in recent years. However, he refused to confirm the figures going aroud in the market.
Taking wind power electricity and solar energy power industry as an example, according to the “Middle and Long term Plan on Renewable Energy” released by the government in 2007, the installed capacity of these two industries in 2020 will be respectively 30 million kw. and 1.8 million kw.. However, Li Junfeng, vice director of Energy Research Institute, National Development and Reform Commission, who attended the forum yesterday, said that the two figures will respectively exceed 100 million kw. and 10million kw. by then.
However, Liang Zhifeng reminded, “Don’t excessively focus on the figures. The key is to nail down the development direction of new energy. As long as the direction is right and the conditions are provided, the government will not restrain your development”.
Gao Hu, the associate director of the Renewable Resources Development Center, National Development and Reform Commission, said that the investment into new energy field will mainly depend on market forces instead of direct investment from the government. Gao Hu also participated in making the plan to boost new energy.
The draft of the plan will need to be reported to the State Council to rectify, after it collected opinions from ministries and commissions and passed the discussions and approval in the National Development and Reform Commission, said Liang Zhipeng.
“Different from the textile and other industries, the industry chain of new energy industry is very long which needs an integrated industrial system to support”, said Wang Jinzhao, associate director of Industrial Economy Research Department, Development Research Centre of the State Council, when he was commenting on the plan. “Compared with developed countries, China has advantages in terms of cost; and compared with developing countries, we have advantages in terms of industry. But as a new industry, it needs national support in criterion and policies, instead of solely relying on the market”, he said.
“We should use market-oriented policies as long as we can, so the government revenue could be used to do more things, while capital raising should be done in the market”, said Liang Zhipeng.

Liang Zhipeng did not reveal what policies would be adopted to boost the Chinese new energy industry yesterday, but he said that as few policies as possible will be used to support the development of this industry, and that the policies will be as“effective and simple”as possible, mainly in order to “promote competition and establish market mechanism.”