May 17, 2024

Two departments promote efficient motors to promote energy-saving and emission reduction

The Ministry of Finance and National Development and Reform Commission recently held a national conference on the promotion of high-efficiency motors in Xiangtan City, Hunan Province. Xie Zhenhua, Deputy Director of the National Development and Reform Commission and Zhang Shaochun, Deputy Minister of Finance attended the meeting. Xie Zhenhua pointed out that we must raise awareness, improve mechanisms, and accelerate the promotion and application of highly efficient and energy-saving motors. The annual electricity consumption of our country's motors exceeds 2 trillion kilowatt-hours, which accounts for about 60% of the country's electricity consumption. However, the market share of high-efficiency energy-saving motors is less than 3%, and the overall operating efficiency of motor systems is about 20% lower than in developed countries. Xie Zhenhua emphasized that more than 30 million kilowatts of high-efficiency and energy-saving motors must be promoted this year. The two agencies have issued notices to increase subsidies.

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