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Frbiz Report: China's Natural Gas and Wind Energy Industries Have Huge Development Potential

2010-07-23 20:38 1110

BEIJING, July 23 /PRNewswire-Asia/ -- Frbiz.com, one of China's leading B2B search platforms, announces natural gas and wind have huge development potential.

Natural Gas: By 2015, usage of natural gas could reach 260 billion cubic meters. In the proportional energy consumption structure, that would be an increase from a 3.9% share to an 8.3% share. With this calculation, the compound annual growth rate for natural gas usage from 2010-2015 will reach about 21%. From 2016 to 2020, growth in demand for natural gas will slow down, but will still see around 8% annual growth. In 2020, natural gas demand will reach 300 billion cubic meters. Compared with oil, natural gas as a rich, cleaner energy, and the industry is being developed to fill the huge global energy supply and demand gap.

At present, China's natural gas market has entered a stage of rapid development. From 2000 to 2009, annual natural gas production increased by 13.2%, the annual growth rate of gas consumption was nearly 10% higher than oil consumption's growth. In the future, natural gas has huge development potential.

Wind and solar energy: Wind power and solar energy account for approximately 0.8% to 2.6% of the primary sources for energy. By 2020, China's non-fossil energy share of total primary energy consumption is expected to reach 11% and other biomass energy should reach over 240 million tons. Under the strong support of government policies, from 2005-2009, wind power capacity has seen a 101% average annual compound growth rate. In 2009, China's new wind power capacity ranks first in the world, at the current pace of development, wind power capacity in China in 2020 will reach 150GW.

Natural gas and wind power will be the focus of future development and also are expected to become China's most promising new energy markets.

About Frbiz.com

Frbiz.com is a promising e-commerce company and a leading vertical search engine company in China. Frbiz.com offers a variety of high quality products such as white down comforters (http://www.frbiz.com/q-white_down_comforter/ ), screen room dividers (http://www.frbiz.com/q-screen_room_divider/ ), fiber optic patch cables (http://www.frbiz.com/q-fiber_optic_patch_cables/ ) and more.

For more information, please contact:

Frbiz.com
Tel:   +86-10-6556-9770
Email: my@frbiz.com

Source: Frbiz.com
Keywords: Retail
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