Accelerate the construction of new energy system Shanghai Electric explores green development paths. As of 2023, China's coal-fired power installed capacity will drop below 40% for the first time.
thermal power generation accounts for nearly 70% of the total power generation. Shanghai Electric actively promotes the optimized combination of traditional energy and new energy in order to build a new power system. It is the broad consensus among domestic enterprises and the industry to establish first and then break, to promote energy transformation in a steady and orderly manner.