China could soon be experiencing an energy boom as its energy consumption increases at a time when it needs to meet greenhouse gas reduction targets, said a new report issued by Asia Pacific-focused consultancy firm Solidiance.

In its study entitled, “China Renewable Energy” released this week, it said that there are three key drivers behind the continued interest in renewable energy in China: its increasing demand for electricity; reduction in use of coal for energy production; and in cutting its carbon emissions.

The country’s demand for energy as well as its capabilities and capacity for energy production are now positioning China to seize the opportunity to take the lead in the development of sustainable energy technologies, so as to further cement its position as an international leader in renewable energies.

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