China: Aims to Double Solar and Wind Energy Capacity by 2025
China: Aims to Double
Solar and Wind Energy Capacity by 2025
China has developed a new plan to meet its energy
needs. Under this, it will double its wind and solar power capacity by 2025
while generating more electricity from thermal power plants.
China's new plan to meet its energy needs, if
implemented, would mean it would meet the goals of the Paris climate agreement
ahead of schedule. China has to achieve this target by 2030 but wants to
achieve it by 2025 by doubling wind and solar power capacity.
However, Beijing has
also increased its reliance on thermal power plants, or coal-fired power
plants, to support its economy in recent months as energy prices have risen due
to the war in Ukraine.
By 2025, 33 percent of
the country's electricity supply to the national grid will come from renewable
energy sources, up from 29 percent in 2020, according to a document released by
China's Central Planning Agency.
"In 2025, annual
electricity production from renewable energy sources will increase to about 3.3
trillion kilowatt-hours, and the amount of wind and solar energy will
double," the new plan says.
Most polluting
country:
China is still the
largest producer of renewable energy in the world. It has accelerated investment
in solar and wind energy projects to curb pollution. Experts say that China is
currently the most polluting country in the world and millions of people are
dying every year due to pollution.
China: Aims to Double Solar and Wind Energy Capacity by 2025
Beijing has committed
to making the country zero carbon emissions by 2030 and carbon neutral by 2060.
According to National Energy, investment in solar projects nearly tripled to
$4.3 billion during the first four months of this year, compared with
investments made between January and April last year. Administration data.
But China's energy
policy still has many flaws. The coal used to power the country's economy accounts
for about half of the world's coal consumption.
China's policymakers
are pushing for greater reliance on coal as oil and natural gas prices rise due
to the war in Ukraine. Premier Li Keqiang said last week that the country's
central bank had approved $15 billion in loans for coal mining and coal-fired
power plants to deal with economic woes.
In March, the Cabinet
ordered an additional 300 million tonnes of coal to be extracted every year.
Local governments also started the construction of new thermal power plants last
year.
"Energy security
is China's most important and urgent priority," says Center for Energy and
Clean Air Research analyst Lori Melorta. "Planners are preparing for more
rapid growth that will require greater use of traditional energy sources and
increase emissions of harmful gases."
What is solar energy?
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