China has unveiled a comprehensive strategy to establish a clean, low-carbon, secure, and efficient new energy system by the year 2030.
According to reports from CGTN, the initiative is driven by a joint plan recently released by China’s National Development and Reform Commission alongside the National Energy Administration.
“The plan, which covers the 15th Five-Year Plan period (2026-2030), sets out targets for strengthening energy security, advancing the green transition, boosting technological self-reliance and improving market mechanisms, among others.
By 2030, China’s total energy production capacity will reach 5.8 billion tonnes of standard coal equivalent. At the same time, the power system’s capacity for complementary support, security and resilience will see comprehensive improvements, according to the plan,” CGTN wrote.
Under the new guidelines, the country anticipates that coal and oil consumption will reach their peak. Non-fossil energy resources are projected to make up 25 percent of total energy consumption.
Furthermore, solar and wind power are slated to account for over 50 percent of China’s total installed power generation capacity, officially becoming the country’s primary source of installed capacity.
The roadmap also indicates that non-fossil energy will supply 50 percent of total power generation by 2030, transforming it into the nation’s primary source of electricity.
“China will accelerate the construction of a new energy infrastructure system that is strong and resilient, green and low-carbon, integrated, intelligent and efficient. A new power system is also expected to be basically established by 2030,” CGTN stated.
A core focus of the policy is to ensure that key technologies and equipment within the energy industrial chain become largely self-reliant and controllable, securing China’s position at the cutting edge of global energy technology innovation.
“It also calls for faster improvement of market and pricing mechanisms suited to the new energy system, with a unified national electricity market system to be basically established.
The plan also stresses optimization of fossil energy production bases, better alignment between energy development and energy-consuming industries, and continued expansion of diversified energy import channels.
China has set the dual carbon goals of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060.
The country has built the world’s largest and fastest-growing renewable energy system, providing stronger support for its green and low-carbon transition,” it added.
