NW China province sees new energy development boom

Time:2022-02-10 10:05:07      Source:Xinhuanet.com
Northwest China's Gansu province is seeing a new energy development boom as the country seeks to reduce carbon emissions and improve the energy mix.
 
By 2021, the installed power generation capacity of new energy projects in Gansu had reached 27.63 GW, accounting for 48% of the total installed power generation capacity in the province, according to the State Grid Gansu Electric Power Company.
 
Last year, the electricity generated by new energy projects exceeded the 40 billion kWh mark for the first time to reach 44.6 billion kWh, the company said.
 
By 2021, the utilization rate of new energy power generating capacity in Gansu had reached a record high of 96.83% after local authorities further encouraged local consumption and transmitted more energy to the country's eastern and central regions.
 
The province, rich in wind and solar energy, will step up new energy development in the coming years.
 
The installed power generation capacity of new energy projects in the province is expected to exceed 80 GW in 2025, with non-fossil energy accounting for nearly 30% of primary energy consumption, the company said.
 
"New energy development is key to achieving carbon peak and neutrality targets and nurturing new pillar industry in Gansu province," said Xue Zhaojun, an official with the research office of the Gansu provincial government.
Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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