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Chinas renewable energy capacity surpasses coal power historically
Category: Industry TrendsDate: August 27, 2024, 10:14Source: Shanghai Zhongshen International Trade Co., Ltd.
Home»Industry Trends» Chinas renewable energy capacity surpasses coal power historically
July 31—The National Energy Administration announced the installed capacity of renewable energy in the first half of the year during its regular press conference for Q3 2023, highlighting the growing importance of renewable energy in Chinas energy system.
Significant Growth in Installed Capacity: In the first half of 2023, Chinas total installed capacity of renewable energy exceeded 1.3 billion kilowatts, reaching 1.322 billion kilowatts, a year-on-year increase of 18.2%, surpassing coal power for the first time in history and accounting for 48.8% of the countrys total installed capacity. Among these, conventional hydropower, wind power,photovoltaicphotovoltaic power generation, and biomass power generation added installed capacities of 2.06 million kilowatts, 22.99 million kilowatts, 78.42 million kilowatts, and 1.76 million kilowatts, respectively.
Steady Development Across Energy Types: Hydropower installed capacity reached 418 million kilowatts, wind power 389 million kilowatts, photovoltaic power generation 470 million kilowatts, and biomass power generation 43 million kilowatts. Wind and photovoltaic power generation increased by 23.5% year-on-year.
Rapid Growth in Wind and Photovoltaic Power: In the first half of the year, newly grid-connected wind power reached 22.99 million kilowatts, with onshore wind power dominating. Newly grid-connected photovoltaic power reached 78.42 million kilowatts, a year-on-year increase of 154%, with centralized photovoltaic power generation growing by 234% and distributed photovoltaic power generation by 108%.
New Energy Storage Installed Capacity Doubled in Half a Year: By the end of June 2023, Chinas new energy storage installed capacity exceeded 17.33 million kilowatts/35.80 million kilowatt-hours. Lithium-ion battery storage dominated, while other relatively mature storage technologies also maintained rapid development, with new technologies entering engineering demonstration applications.
Comprehensive Analysis: TheNew energyDeputy Director of the Department of New and Renewable Energy, Wang Dapeng, emphasized that the first half of the year saw new breakthroughs in Chinas renewable energy development. New energy storage projects accelerated, with installed capacity rapidly increasing, showing a diversified and rapid development trend.
This important announcement marks significant progress in Chinas promotion of renewable energy, reflecting the countrys firm commitment to energy transition, emission reduction, and sustainable development.