China doubles new renewable capacity in 2020, but continues to builds thermal plants

Studies have shown that China completed 11 GW of new coal-fired power capacity in the first half of 2020, and had an additional 53 GW in its planned project pipeline, 90% of the global total.

China doubles new renewable capacity in 2020, but continues to builds thermal plants - Energy News Beat

Energy News Beat Publishers Note: So as we re-join the Pairs Climate Accord, will anyone take that note that China is not on track to keep their Net Zero obligations. It is not the US that is the problem, as China is 98% of the worlds coal use for power. Just an opinion, and let us know what you think. 

SHANGHAI: China more than doubled its construction of new wind and solar power plants in 2020 from a year earlier, government data showed, reflecting Beijing’s pledge to cut fossil fuel dependence and bring carbon emissions to a peak within a decade.

China, the world’s biggest greenhouse gas emitter, added 71.67 gigawatts (GW) of wind power capacity last year, the most ever and nearly triple 2019’s levels, according to data released by the National Energy Administration (NEA) late Wednesday.

China’s 2020 figure is ahead of the 60.4 GW of new wind capacity added globally in 2019, according to data from the Global Wind Energy Council.

The rise came as Beijing announced an end to subsidies for new onshore wind power projects starting from 2021.

New solar power capacity also rebounded in 2020 to 48.2 GW after falling for two straight years, the data showed, beating an earlier industry estimate of 40 GW.

China had vowed to increase the share of non-fossil fuels in its primary energy consumption to 15% by 2020 from just 6.8% in 2005, and President Xi Jinping said last month this figure would rise to 25% by 2030.

China would also take its total installed wind and solar capacity to 1,200 GW, he said. By the end of 2020, China had 281.5 GW of wind generation capacity, and 253.4 GW of solar generation capacity, the NEA data showed.

“China’s smashing wind power building records and continuing with strong solar growth makes the country a top destination for foreign clean energy investment,” said Jeanett Bergan, an executive of Norway’s largest pension fund KLP.

China continued to build new thermal power capacity in 2020, according to the data, with 56.37 GW the highest level since 2015. The NEA did not break down the figure into gas- and coal-fired power projects.

Studies have shown that China completed 11 GW of new coal-fired power capacity in the first half of 2020, and had an additional 53 GW in its planned project pipeline, 90% of the global total.

China doubles new renewable capacity in 2020, but continues to builds thermal plants Fig 2 - Energy News Beat

“China should just stop building coal-fired power plants as soon as possible. It’s the requirements of carbon neutrality targets and reducing financial risk among the power plants,” said Zou Ji, head of the Energy Foundation China.

Experts say average utilisation hours at coal-fired power plants are now less than 4,000 hours in China, well below the designed level of 5,500 hours, with grids prioritising

cleaner alternative sources of electricity.

About Stu Turley 3344 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.