China’s installed non-fossil fuel electricity capacity exceeds 50% of total

Published Mon, Jun 12, 2023 · 10:21 AM

CHINA’S non-fossil fuel energy sources now exceed 50 per cent of its total installed electricity generation capacity, state media outlet Xinhua said on Monday (Jun 12), citing an official at state planner the National Reform and Development Commission.

Non-fossil fuel power sources, such as wind and solar power, account for 50.9 per cent of the country’s total installed capacity, marking the early completion of a government target proposed in 2021, under which renewable capacity was planned to exceed fossil fuel capacity by 2025.

By the end of 2022, China’s installed power generation capacity was 2,564.05 GW, according to data from the National Bureau of Statistics (NBS).

China has devoted significant resources to the construction of renewable energy capacity in recent years, building large wind, solar and hydro plants in the west of the country as it seeks to meet a target of peak carbon emissions before 2030.

However, inconsistent utilisation of the resources means that China’s energy consumption mix remains weighted towards fossil fuels, principally coal.

Coal accounted for 56.2 per cent of total energy consumption last year, versus 25.9 per cent from renewables which includes nuclear energy, the NBS data showed. REUTERS

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

VIEW ALL
READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here