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China's coal-fired power generation fell to a record low in May

Release date: 2024/8/10 13:55:53 | Publisher: Shenzhen Cptele Electronics Co., Ltd

 

Lianhe Zaobao: China's coal power generation fell to a record low in May
Released at 2024-07-11 09:09 PM
The share of coal in China's power generation fell to a record low in May, while the share of non-fossil energy generation rose to a record high. Some analysts have pointed out that if this trend continues, it indicates that China's carbon emissions may have peaked last year.
According to a Reuters report on Thursday (July 11), Lauri Myllyvirta, a senior fellow at the Asia Society Policy Institute in the United States, wrote for the professional publication Carbon Brief that the share of coal in China's power generation fell by seven percentage points year-on-year in May to 53%, while the share of non-fossil energy power generation was 44%.
Specifically, the share of solar power generation rose to 12% in May, and wind power generation rose to 11%. As for hydropower, nuclear power and biomass power generation, they accounted for 15%, 5% and 2% respectively.
Solar power generation surged 78% year-on-year to 94 TWh in May, a record high, Liu analyzed in the report. Wind power generation increased by 5% year-on-year to 83 TWh, but was offset by a 21% increase in installed capacity due to a decline in utilization due to changing wind conditions. Hydropower production increased by 39% compared to last year, when hydropower was affected by drought.
Even as China's total electricity demand grew by 7.2% year-on-year, natural gas power generation fell by 16% and coal power generation fell by 3.7%.
The power sector accounts for about 40% of China's overall carbon emissions. The increase in renewable energy generation contributed to a 3.6% reduction in CO2 emissions from the power sector in May.
Liu Li pointed out that China's carbon dioxide emissions are likely to continue to decline if existing rapid deployment of wind and solar continues, meaning that last year was the year when China's carbon emissions peaked.
China has pledged to peak its carbon dioxide emissions by 2030 and aim to achieve net-zero emissions by 2060.
Separately, a study released Thursday by the US think tank Global Energy Monitor showed that China has a combined installed capacity of 339 gigawatts of large-scale utility-scale solar and wind power projects under construction, accounting for 64% of the global total. The United States, the world's second-largest country, has only 40 gigawatts in size.
However, the report also points to challenges with China's large-scale renewable energy construction projects, including the country's heavy reliance on coal power to cope with surging energy demand, and the country's difficulty in delivering renewable energy from remote areas in the northwest to economic and population centers in the east.

With great potential for new energy development, Coptic has been on the road to develop products and provide microinverter product solutions to keep up with solar clean energy.

 

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