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 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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