The “Twelfth Five-Year Plan†for industrial energy conservation released by the Ministry of Industry and Information Technology yesterday pointed out that the steel industry, non-ferrous metals, petrochemical, and chemical industries will vigorously promote structural energy conservation. By 2015, the energy consumption of industrial added-value above designated size will decrease by about 21% compared with that of 2010, and it is estimated that energy savings of 670 million tons of standard coal will be realized during the “Twelfth Five-Year Plan†period.
The "Planning" pointed out that by 2015, the industrial added value of energy consumption in key industries such as iron and steel, nonferrous metals, petrochemicals, chemicals, building materials, machinery, light industry, textiles, and electronic information will decrease by 18%, 18%, and 18%, respectively, compared with 2010. %, 20%, 20%, 22%, 20%, 20%, 18%. The "planning" proposes that the financial subsidies will be improved to support the construction of the nine key energy-saving projects; for advanced energy-saving projects that are encouraged to be developed, the imported advanced energy-saving equipment that cannot be produced domestically will be exempted from import duties within the prescribed scope; and the improvement of the cogeneration project Policies such as investment, electricity price, and heat price shall be established, and cogeneration projects shall be developed in an orderly manner, and research shall be conducted to improve and encourage enterprises to build and use the power grid policies such as residual heat and pressure power generation, biomass power generation, and cogeneration projects.
The "planning" also requires that the energy resource price policy be improved. We will increase the scope and intensity of differential power tariffs and punitive tariffs, and encourage companies to use low-carbon and renewable energy sources. In addition, the "Planning" emphasizes perfecting investment and financing policies, carrying out innovative demonstrations of energy-saving financial products, encouraging state-owned, private and foreign capital to enter the energy-saving field, raising credit review standards, and strictly controlling credit input to high-energy-consuming industries.
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