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2021-03-03 12:35:00

CHINA'S CLEAN ENERGY PLAN 1,000 GW

CHINA'S CLEAN ENERGY PLAN 1,000 GW

ENERDATA3 Mar 2021 - The State Grid Corporation of China has unveiled its carbon neutrality action plan, which intends to step up the development of clean energy infrastructure, including wind, solar and hydropower for generating electricity, in order to reach 50% of "clean" electricity in transmitted volumes by 2025. State Grid expects wind and solar installed capacity to hit 1,000 GW by 2030, while hydropower capacity could attain 280 GW and nuclear capacity 80 GW by 2030. According to the Chinese power transmission system operator, the share of fossil fuels in primary energy consumption should decrease from 88% in 2019 to 80% in 2025 and 75% in 2030. The share of electricity in final energy consumption is expected to reach 30% in 2025 and 35% in 2030 (24% in 2019). The company will also improve the efficiency of existing infrastructure, while developing innovative energy technology.

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