Table 7.
The potential application of renewable energy sources in China
| Renewable energy | Renewable technology | Sector replaced | Fuel replaced | Substitution ratio (%) | Unit Costa CNY/kWh |
|---|---|---|---|---|---|
| Wind | Wind turbine | Power | Hard coal | 35.2 | 0.40 |
| Hydro power | Hydro power station | Power | Hard coal | 14.4 | 0.43 |
| Nuclear power | Nuclear power station | power | Hard coal | 4.3 | 0.58 |
| Natural gas | Power plant | power | Hard coal | 3.1 | 0.47 |
| Others | 7.9 | 0.6 | |||
| Solar | Flat plate collectors | Power | Hard coal | 28.4 | 0.42 |
| Flat plate collectors | Industry combustion | Hard coal | 60 | 1.12 | |
| Photovoltaic cells | Residential | Electricity | 60 | 0.42 |
Unit Cost: cost value is from the leveling cost of reports by International Renewable Energy Agency (IRENA) and calculated by exchange rate conversion of 6.8.