economy and politics

China vows to further develop renewable energy amid global energy crisis

China Energy Crisis

Wind turbines on the shore of Mulan Bay in Wenchang city, south China’s Hainan province, on July 20, 2022. /CFP


China will continue to increase the share of non-fossil electricity consumption despite the ongoing global energy crisis, as the country moves closer to its carbon neutrality goals, officials said on Wednesday.

Zhang Jianhua, director of the National Energy Administration (NEA), said China’s ongoing non-fossil energy development was not slowed down by last year’s global energy supply shortage, even as several European countries returned to start up its coal-fired power plants.

The share of coal consumption in the country fell from 65.8% in 2014 to 56% in 2021. The average annual decline of 1.4 percentage points was the fastest in history, Zhang said.

It added that the share of clean energy consumption increased from 16.9 percent to 25.5 percent in the same period, accounting for more than 60 percent of the increase in total energy consumption.

“By 2030, we expect the share of non-fossil energy consumption to continue to grow at an average rate of one percentage point a year, and we are on track to meet the goal of peak carbon dioxide emissions in 2030, and we trust it,” said Zhang.

The export of China’s renewable energy model

China has set a goal of reaching peak carbon dioxide emissions in 2030 and achieving carbon neutrality by 2060.

The share of coal consumption in the country fell from 65.8% in 2014 to 56% in 2021

The country is on track to gradually reduce the consumption of fossil fuels, while ensuring energy security, Zhang said.

He added that wind power and photovoltaics are the fastest growing renewable energy sources in China, accounting for a large proportion of new energy supply.

For his part, Li Chuangjun, director of the Department of New Energies and Renewable Energy Sources of the NEA, said that the global trend of green energy and the transition to low carbon emissions will remain unchanged despite the current crisis. from Ukraine.

China’s exports of photovoltaic products reached 25.9 billion US dollars in the first half of 2022, up 113.1% compared with the same period in 2021, Li said.

Article republished from the Chinese state media CGTN within the framework of an agreement between both parties to share content. Link to original article:https://news.cgtn.com/news/2022-07-27/China-pledges-to-develop-renewables-amid-global-energy-shock-1c0VIohDdD2/index.html





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