China sets 50% non-fossil electricity generation target by 2030 in new five-year plan
Summary
China has announced a five-year plan to generate 50% of its electricity from nuclear and non-fossil sources by 2030. The plan, released by the National Energy Administration and the National Development and Reform Commission, aims to significantly increase wind and solar power capacity. Recent oil shocks have reinforced Beijing's commitment to balancing decarbonization with securing future energy demand, including for artificial intelligence.
Source
bskyChina sets 50% non-fossil electricity generation target by 2030 in new five-year planscmp.comKey quotes
· 3 pulledChina is charting an ambitious five-year plan to harness nuclear and other non-fossil sources in a bid to generate half of the country's electricity needs by 2030.
Recent oil shocks have strengthened Beijing's resolve as it juggles decarbonising its energy sector and securing future demand, including that needed for artificial intelligence.
The plan, unveiled on Thursday by the National Energy Administration (NEA) and top economic planner National Development and Reform Commission (NDRC), also contains a raft of goals to markedly increase the share of wind and solar in newly installed power generation.
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