The petrochemical industry is still the focus of energy conservation and consumption reduction next year

December 17, 2022

In the face of the energy-saving and consumption-reducing situation that is not optimistic for 2006, Chinese top executives are brewing next year to set off a new round of “energy saving and emission reduction” storms across the country to ensure that the national energy consumption per unit of GDP determined in the “11th Five-Year Plan” is reduced by 20%. The goal is to protect the ecological environment. At the just-concluded Central Economic Work Conference, senior Chinese officials used “very arduous” to describe the difficulty of completing the tasks of energy conservation, consumption reduction and pollution reduction. Although the annual unit energy consumption will decline, it is very difficult to achieve the goal of reducing energy consumption by 4%.
In the eight tasks of the economic work next year put forward by the Central Economic Work Conference, energy conservation and protection of the ecological environment were ranked third, second only to macro-control and new rural construction. 2007 will be the most critical year for energy conservation and consumption reduction in China, and it will also be an important turning point for energy saving and consumption reduction. According to the central deployment, a new round of “energy saving and emission reduction” storms will be further strengthened in policy implementation and supervision. The National Development and Reform Commission will accelerate the establishment of a "scientific energy-saving emission reduction target system, assessment system, and monitoring system" to promote the implementation of annual energy-saving targets by local governments and key enterprises. Key energy industries such as iron and steel, non-ferrous metals, coal, electricity, petrochemicals, building materials, and other key industries that consume more than 10,000 tons of coal per year will become the key regulatory areas for the government next year; the development of high-energy-consumption projects will be controlled from the Consumption is a compulsory threshold for the review of fixed assets investment projects. In addition, next year will further improve the high electricity consumption, high pollution industry differential electricity price and water price policy, improve the sewage charging system, and establish special energy-saving funds and formulate financial and tax policies conducive to energy saving. Compared with this year’s policy, the next year’s measures will be more stringent, with emphasis on strengthening implementation, and refinement of specific tasks for energy conservation and consumption reduction.

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