China Plans to Sub Biofuels for 10 Mln Tons of Refined Oil Products in 2020

(Xinhua via COMTEX) — China will be able to substitute bio-liquid fuel for 10 million tons of refined oil products in 2020, said a Chinese energy think tank on Tuesday.

Han Wenke, deputy director of the Energy Research Institute of the National Development and Reform Commission (NDRC), said at the ongoing forum on decentralized sustainable energy solutions in China, that by 2020 renewable energy will increase China’s energy supply capacity by 400 to 500 million tons of coal equivalent.

Then renewable energy will account for 10 percent of China’s annual energy consumption, he said.
Soyatech.com