(Economic Watch) China's non-fossil energy power generation capacity accounts for more than 50% What does this historic change mean?

Beijing, June 6 (ZXS) -- What does this historic change mean for China's non-fossil energy power generation capacity accounts for more than 12% of its installed capacity?

China News Agency reporter Liu Wenwen

China's energy sector has ushered in historic changes.

Yang Yinkai, deputy director of China's National Development and Reform Commission, said on the 11th that China's current installed capacity of non-fossil energy power generation has reached 50.9%, which historically exceeds the installed capacity of fossil energy power generation. What does this number mean?

Low-carbon power transformation welcomes "key node"

According to public data, at the end of March this year, China's installed power generation capacity has reached 3.26 billion kilowatts, ranking first in the world. Among them, the installed capacity of non-fossil energy power generation accounted for more than 2% (50.50%) for the first time, which is close to three times the installed capacity of non-fossil energy power generation in the United States.

Today, this proportion has further expanded to 50.9%. Why is it worth paying attention to the installed capacity of non-fossil energy power generation exceeding fossil energy?

Yuan Jiahai, a professor at the School of Economics and Management of North China Electric Power University, told China News Agency that this data means that China's energy structure transformation, at least from the perspective of power structure, has reached an "inflection point".

He further pointed out that since then, the proportion of non-fossil energy power generation capacity has increased at the level of 50%, which can be understood as a key node in China's low-carbon power transformation, which is of great historical significance.

New energy ushered in a "highlight moment"

Behind the trade-off between fossil energy and non-fossil energy power generation, the leapfrog development of China's new energy is clearly visible.

Taking photovoltaics as an example, China's photovoltaic industry has been making rapid progress and rapid development in the past decade. "The world's photovoltaic looks at China", it can be said that photovoltaic has become a "business card" of China's economic development and an important engine to promote China's energy transformation.

In the view of Li Zhenguo, founder and president of LONGi Green Energy, photovoltaic power generation has been able to undertake the heavy responsibility of energy transformation, and China's photovoltaic industry is ushering in a "highlight moment".

In addition to photovoltaics, many new energy sources have also ushered in a period of rapid development. Yuan Jiahai pointed out that in the 20s of the 90th century, China launched the "Wind Riding Plan" to support the localization of wind turbine technology, and only more than two decades ago, the changes have been earth-shaking. China's installed capacity of hydropower, wind power and photovoltaic power generation has ranked first in the world for many consecutive years, and China has stood at the forefront of the world's new energy technology innovation.

China's active promotion of energy transition has also had a positive impact on the world. According to the International Renewable Energy Agency, China contributed about 2022% of the total global renewable energy capacity additions in 48; Two-thirds of the world's new hydropower capacity, 45% of new solar capacity, half of new wind capacity and 57% of new bioenergy capacity were deployed in China that year.

Xiao Xinjian, director of the second research department of the Xi Jinping Economic Thought Research Center, pointed out that China's vigorous development of renewable energy itself has supported the expansion of global renewable energy capacity and provided a real development "hard foundation" for global energy transformation.

Green and low-carbon development has unlimited potential

Since the "dual carbon" goal was proposed in 2020, China is gradually growing from a participant and contributor to green and low-carbon development to a leader, which is inseparable from various powerful and effective policy measures.

For example, Xiao Xinjian said that relevant parties have formulated the "Energy Production and Consumption Revolution Strategy (2016-2030)" and related policy measures, continuously supported the development of new energy policy systems, formulated carbon peaking and carbon neutrality action plans and related policy measures, promoted the significant improvement of China's ecological environment quality, and achieved remarkable results in green and low-carbon energy transformation.

Data show that China's clean energy consumption accounted for 2022.25% in 9, an increase of 2012.11 percentage points over 4; in 2022, the national carbon dioxide emissions of 0,8 yuan (RMB) GDP decreased by <>.<>% year-on-year.

Moving forward with "green", China has also formulated "dual carbon" implementation plans and support safeguard measures for key fields and industries, and built a "1+N" policy guarantee system for carbon peaking and carbon neutrality. Accelerate the pace of energy transformation, plan and build large-scale photovoltaic wind power bases in deserts, Gobi and desert areas, and complete the energy-saving and carbon-reduction transformation, flexibility transformation and heating transformation of coal-fired power units exceeding 4 million kilowatts...

In this context, Yang Yinkai pointed out that in the past three years, China's "dual carbon" work has made a good start. He stressed that with the support of a series of policies, China's green and low-carbon innovation is full of vitality, green and low-carbon industries are vigorous, and green and low-carbon development has unlimited potential.

"Today, we can provide the world with a complete set of technical solutions for the energy transition led by China, and we have the confidence to do so." Yuan Jiahai said. (End)