China's renewable energy capacity expands rapidly

Time:2022-05-24 17:18:37      Source:Xinhuanet.com

China's installed capacity of renewable energy registered fast growth in the first four months of the year as the country strived to reach its carbon peaking and carbon neutrality goals.

In the January-April period, the capacity of wind power jumped 17.7 percent year on year to around 340 million kilowatts, while solar farms saw capacity hit 320 million kilowatts, an increase of 23.6 percent, according to the National Energy Administration.

By the end of April, the country's total installed power generation capacity reached about 2.41 billion kilowatts, rising 7.9 percent from a year ago, the data showed.

China has announced that it will strive for peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060.

The country is forging ahead in renewable energy development to improve its energy structure. According to an action plan released last year, it aims to increase the share of non-fossil energy consumption to around 25 percent by 2030.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
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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