![](images/Logos/Bloomberg.png)
China Is Planning Record Wind and Solar Power
Additions This Year
- NDRC researcher forecasts 140
gigawatts of new capacity
- Coal still needed to balance variable
renewable generation
![](images/images_04_13_2022/GuyPic1.png)
Wind turbines and solar panels in Liaoning Province.Photographer:
Qilai Shen/Bloomberg
Bloomberg News - April 14, 2022
Green Data Dash
Ahmedabad, India
Most polluted air today, in sensor range
0
Soccer pitches of forest lost this hour, most recent data
43%
Carbon-free net power in the U.S., most recent data
$69.9B
Renewable power investment worldwide in Q2 2020
-5.14%
Today's arctic ice area vs. historic average
52,000
Million metric tons of greenhouse emissions, most recent annual data
+0.84° C
Dec. 2021 increase in global temperature vs. 1900s average
China
is set to install a record amount of wind and solar power capacity
this year as the country strives to meet climate goals while reducing
its reliance on the rest of the world for energy.
China
will add 140 gigawatts of capacity from the clean energy sources, said
Tao Ye, a researcher with the National Development and Reform
Commission, the country’s top economic planning agency. That’s more
than the rest of the world combined in 2020, according to BloombergNEF
data.
Clean Colossus
China
is set to add record wind and solar power capacity this year
Sources: BloombergNEF, National Development and Reform Commission
Note:
2022 is NDRC projection
The
forecast is the latest sign that China is racing ahead of its official
target for renewable adoption as local governments, wind and solar
equipment producers and state-owned utility giants continue to push
ambitious plans. China is aiming for 1,200 gigawatts of wind and solar
generation capacity by 2030, and had 678 gigawatts by the end of last
year, according to BloombergNEF.
Read
more: China
Could Hit 2030 Renewable Target by 2025 on Local Ambitions
What on Earth?
The Bloomberg Green newsletter is your guide to the latest in climate
news, zero-emission tech and green finance.
More
from
BloombergGreen
Business Leaders Know the Climate Status Quo Is Untenable
Inside an Italian Police Chase to Stop the Theft of Ugly Sea Creatures
2 Dead, More Than 200 Homes Charred in New Mexico Wildfire
Le Pen Puts Fuel-Tax Cut, Wind Crackdown at Heart of Energy Plan
Solar
power will contribute about 70 to 75 gigwatts this year before rising
to 100 gigwatts a year starting in 2023, Tao said at an online forum
hosted by the China Photovoltaic Industry Association. Expanding the
domestic solar market can help offset external pressure and risks for
Chinese panel manufacturers, after the U.S. launched a trade probe on
whether they’re circumventing tariffs, Wang Shijiang, chief secretary
of CPIA, said at the forum.
With
a sizable domestic industry building solar panels and wind turbines,
aggressive renewable deployment also plays into the country’s push for
enhanced energy security amid global commodity market tumult. For the
same reason, Beijing is leaning on its coal industry to boost output
and build and upgrade thermal power plants to help balance the
variable wind and solar power generation.
“Our
traditional energy, either coal or coal-fired power, will maintain
certain growth, and the growth rate might be faster than the past one
to two years,” Tao said.
With assistance by Luz Ding
Green Play Ammonia™, Yielder® NFuel Energy.
Spokane, Washington. 99212
www.exactrix.com
509 995 1879 cell, Pacific.
exactrix@exactrix.com
|