According the CEC, China's major power companies invested roughly $20.6 billion in increased power generation capacity in Q1, 91 pct of which went to non-fossil fuel power generation. The CEC noted that China's newly installed power generation capacity will reach around 180 million kilowatts in 2021, of which about 140 million kilowatts of non-fossil energy power generation capacity will be put into operation.
China's installed capacity of coal power generation stood at 1.09 billion kilowatts at the end of March. The proportion of the total installed capacity fell below half for the first time since the end of 2020, before further dropping to 48.8 pct at the end of March this year, according to the CEC.
China ranked first in the world in newly installed wind capacity amid efforts to pursue greener development in 2020, the NEA data showed. Besides wind energy, the country is also a global leader in the production and use of solar energy and hydropower, among others.
As previously reported, China pledged to reach the CO2 emissions peak before 2030 and achieve carbon neutrality before 2060. (Source: China Electricity Council, PR, Website, Apr., 2021)
Contact: China Electricity Council, english.cec.org.cn
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