Tag: clean energy in china

Power demand and renewables growth trends in China

Power demand and renewables growth trends in China

October 16, 2023 |

Power demand increased in China where problems with hydro necessitated higher coal consumption and led to increased emissions. China accounted for two-thirds of global growth in wind and solar generation in the first half of 2023, but poor hydro conditions led to an increase in coal power. The country is the world’s largest power producer, accounting for 31 per cent of global generation, and it will continue to be responsible for most future global demand growth.

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Limited Effects On Mainland China’s Overall Hydropower Sector From Severe Heatwaves

Limited Effects On Mainland China’s Overall Hydropower Sector From Severe Heatwaves

July 13, 2023 |

On June 24 2023, Mainland China extended the ‘red’ alert to most of Beijing and the provinces of Hebei, Shandong, Henan, and Inner Mongolia, reflecting the severity of the heatwaves that have been affecting the market. As the heatwaves are currently localised in the Northern regions, which depend less on hydropower than the Southern regions, the implications for the overall hydropower sector are expected to be limited. The hotter summers China is experiencing will push the market to strengthen support for other power types, with a focus on non-hydropower renewables expansion and dominating the market’s capacity additions.

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What next for clean heating in rural China?

What next for clean heating in rural China?

June 5, 2023 |

How to make renewable heating in rural homes affordable? There has been plenty of debate on how to choose the best form of renewable energy since the National Energy Administration issued a notice in 2021 ordering that renewables be preferred where appropriate. Setting aside the costs of changing the heat source, centralised district heating systems can have considerable cost advantages in built-up areas.

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China’s route to carbon neutrality: IRENA Report

China’s route to carbon neutrality: IRENA Report

July 27, 2022 | ,

In September 2020, China announced that it would aim to reach a peak in its carbon dioxide (CO2) emissions before 2030 and achieve carbon neutrality by 2060. Over the past decade, China has remained the world’s biggest producer and consumer of energy, while its energy-related CO2 emissions had grown to account for 28% of the global total preceding the COVID-19 pandemic.

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Transition Finance in China

Transition Finance in China

February 23, 2022 | ,

The Climate Bonds Initiative and CECEP Hundred Technical Service (Beijing) Co., Ltd. (CECEP), with the support of UK PACT, presents the Transition Finance in China: latest development and future outlook report. Taking the Chinese steel sector as a case study, this report reviews the latest development of transition finance in China and discusses recommendations to enable a credible transition. 

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Year in review: China’s climate goals withstand heat

Year in review: China’s climate goals withstand heat

January 5, 2022 |

President Xi Jinping’s carbon neutrality pledge at the United Nations in September 2020 set in motion a massive build-up of national policy, legislation and regulation on decarbonisation, with unprecedented speed. Barely two months later, Xi announced a set of more ambitious 2030 targets at the Climate Ambition Summit. And then, in March 2021, China’s top legislators approved the 14th Five Year Plan (FYP) with a whole host of climate and energy targets for 2025.

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China has a grand carbon neutrality target but where is the plan?

China has a grand carbon neutrality target but where is the plan?

April 19, 2021 |

As the world’s largest greenhouse-gas emitter, China will make or break the global quest for climate neutrality by the middle of the century – the only way to limit the global average temperature increase to 1.5°C. Consequently, President Xi’s announcement in September 2020 of China’s new objective to peak CO2 emissions before 2030 and achieve carbon neutrality by 2060 was broadly welcomed. But President Xi offered no detail on how China could turn this vision into reality, and an examination of China’s current plans shows clearly the goal will not be achieved without major changes.

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China’s Green Gambit

China’s Green Gambit

December 24, 2020 |

China’s ambitious climate pledges have drawn praise the world over. But China will demand a high price for its contributions and can be expected to use its promise of international cooperation to undermine any containment strategy that US President-elect Joe Biden’s administration tries to pursue.

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