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 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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