14th five-year plan chemical energy storage field

Who will be responsible for the 14th FYP for energy?

Sector-specific plans for each ministry and key industry will follow. For energy, the National Energy Administration (NEA) will be responsible. Based on the timeline of previous five-year plans for energy, it is expected that the 14th FYP for energy will be presented approximately one year into the five-year period.

When will the 14th FYP for energy be presented?

Based on the timeline of previous five-year plans for energy, it is expected that the 14th FYP for energy will be presented approximately one year into the five-year period. ◼ One of the main topics to be addressed in the 14th FYP will be how to secure energy supply while not depending on expensive imported energy.

What is the 14th five-year plan?

It also requires proactive planning and coordination, both within sectors (e.g., for coordinating investments needed to support higher levels of non-fossil generation into the power system) and between them (e.g., for coordinating electrification and power system growth). The 14th Five-Year Plan provides

What is the 14th FYP?

The 14th FYP discloses key 2025 objectives in four categories—supply security, system transition, efficiency, and innovation—to guide the energy sector toward the modern energy system.

Will strong policy support lead renewable capacity additions in the 14th FYP?

Despite a lack of specific wind and solar capacity targets, IHS Markit expects that strong policy support will lead capacity additions of renewables during the 14th FYP to be 50% higher than the annual average during the 13th FYP period.

Which industries should be included in energy conservation projects?

To that end, projects of energy conservation and emissions reduction as well as comprehensively treating pollutants should cover key industries, such as steel and iron, nonferrous metals, building materials and petrochemicals.