Yesterday morning, the State Council released the strategic action plan for energy development (2014-2020) (hereinafter referred to as the plan of action). Pointed out that the plan of action, the action plan adhere to "economical, clean and safe" strategy will accelerate the construction of clean, efficient, safe, sustainable modern energy systems, create energy upgrades.


The action plan establishes the strategic objectives and targets by 2020. By 2020, the total primary energy consumption control about 4.8 billion tons of standard coal, coal consumption is 4.2 billion tons around basically form a relatively perfect system of energy security. Total domestic primary energy production reached 4.2 billion tonnes of standard coal, energy self-sufficiency at around 85%, petroleum reserve-production ratio rose to 14-15, energy reserve and emergency system was basically completed; proportion of non-fossil fuels in primary energy consumption reached 15%, natural gas reached 10%, coal consumption to less than 62%; primary energy form a unified, open, competitive and orderly modern market system.


In terms of optimizing energy structure, the action plan States that by 2020, China's coal consumption fell to less than 62%; increased share of natural gas in primary energy consumption to 10%; nuclear power installed capacity reached 58 million-kilowatt, built capacity to more than 30 million-kilowatt; proportion of non-fossil fuels in primary energy consumption to reach 15%, which, in 2002, To hydroelectric installed capacity reached about 350 million kilowatts, wind power capacity reached 200 million-kilowatt, electricity feed-in tariff of wind power and coal, PV installed capacity of around 100 million-kilowatt, photovoltaic power generation and grid sales price quite; geothermal energy utilization to reach 50 million tons of standard coal and effectively solve the desert wind, water, discard the light problem.


In terms of deepening energy system reform, the plan of Action emphasized that promoting the reform of prices for oil, natural gas, electricity and other fields, and ordered open competitive part prices, natural gas wellhead price and sales price, price and the sale price by the market, and oil and gas pipeline transmission and distribution price pricing prices by the Government.


Deepening the reform in key areas and crucial links. Focus on power grids, oil and gas pipeline construction and operation system, clear power grid, oil and gas pipeline network functions, and gradually establish fair access, supply and demand oriented, reliable, flexible power and oil and gas distribution networks. Accelerating the pace of electric power system reform, promote trade directly the demand and supply sides, building a competitive electricity market.


The perfect energy tax policy, pointed out that the plan of action to speed up the reform of resource taxes, and actively promote the clearing charge state tax, and gradually expand the scope of resource taxes ad valorem taxation. Study on adjusting energy excise tax and duty, to be part of high energy-consuming and highly polluting products into the scope. Improving energy conservation tax policy, establish and improve the mechanism of ecological compensation, speeding up the tax legislation of environmental protection work, to explore the establishment of green taxation system.


Sound energy investment and industrial policies. Give full play to role of markets on the basis of, and expand the scale of geological prospecting Fund, focusing on supporting and guiding the development of unconventional gas and deepwater oil and gas resources and international cooperation, perfect for basic, strategic, cutting-edge scientific research and generic technology research and support mechanism for major equipment. Improve the peak FM alternate compensation policies, implementation of renewable electricity quotas and fully guaranteeing the purchasing policies and supporting measures. Encourage banking institutions in accordance with the principles of risk control, business sustainability, and increase energy conservation and efficiency, supported by comprehensive utilization of energy resources and clean energy projects. Study and formulation of incentive policies to promote green credit development.