China‘s renewable energy sector has reached a significant milestone, with over 50% of the country’s total power generation now coming from renewable sources, according to data released by China’s National Energy Administration (NEA). The installed capacity for renewable energy has surpassed 1,450 GW, exceeding thermal power installations.
This accomplishment highlights China’s commitment to expanding its renewable energy capacity and reducing its reliance on fossil fuels. Currently, renewable energy accounts for more than half of the nation’s total installed capacity, which stands at approximately 2,900 GW.
In 2023, China’s renewable energy generated 3 trillion kilowatt-hours, accounting for nearly one-third of the nation’s total electricity consumption. Notably, wind and solar power generation exceeded the electricity usage of urban and rural residents during the same period, representing more than 15% of the overall electricity consumption.
To further promote renewable energy development, the NEA is actively advancing wind and solar power projects.
The construction of large-scale wind and solar farms has progressed smoothly, with the first phase already completed and connected to the grid, providing about 45.16 GW of power.
Approvals for subsequent phases have already surpassed 50 GW, with ongoing construction.
These efforts have resulted in a cumulative installed capacity of over 1,000 GW for wind and solar power across the country.
While renewable energy continues to expand, thermal power plants remain essential as backup power sources. Currently, centralized dispatch power plants maintain coal reserves above historical highs, ensuring approximately 26 days of fuel supply.
Looking ahead, China’s energy agenda for 2024 emphasizes leveraging the nation’s abundant energy resources, aiming to add about 200 GW of wind and solar capacity in the coming year.
