Clean energy overtakes coal for first time in China's Zhejiang

Time:2023-08-30 11:08:22      Source:Xinhuanet.com
As of the end of July, the installed capacity of clean energy in east China's Zhejiang Province reached 57.51 million kilowatts, surpassing that of coal power units for the first time, according to the latest data from State Grid Zhejiang Electric Power Co., Ltd.
 
Of the total installed power capacity of Zhejiang, clean energy accounted for 46 percent, coal 40.1 percent, natural gas power 10.7 percent, and the remaining 3.2 percent held by other sources, according to the company.
 
In recent years, the province has promoted the adoption of clean energy by expanding the use of wind power, solar energy and nuclear energy, among other initiatives, thereby reducing the reliance on coal.
 
The rise in the share of installed capacity of clean energy has brought new opportunities to emerging industries such as photovoltaics, power batteries and new-energy vehicles (NEVs).
 
Previous data showed that nearly 1 million charging poles had been installed across the province. It plans to build more than 2.3 million charging poles by 2025 to meet the charging demand of over 4 million NEVs. 
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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