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China plans a percent point annual raise for renewables in total consumption

The Chinese National Energy Administration (NEA) forecasts that the share of renewables in China’s total energy consumption should increase by one percentage point annually over the next 8 years by 2030, helping the country reach its targets for peak CO2 emission by 2030 and carbon neutrality by 2060. The share of renewables in the country's total energy consumption increased from 8.3% in 2010 to 10.3% in 2021 (+0.2 percent point per year on average).

In 2021, the share of non-fossil fuel in China’s total energy consumption reached 12% (compared to 8.6% in 2010), with 3.6% of biomass, 3.1% of hydroelectricity, 2.9% of nuclear electricity, 1.5% of wind and 0.8% of solar. The share of fossil fuels reached 86.8% in 2021 (compared to 91% in 2010), with 59.6% of coal and lignite, 19% of oil and 8.2% of natural gas.

The share of renewables in the country's power mix rose from 18.9% in 2010 to 28.6% in 2021. The country's installed capacity stood at 2,420 GW by end-2021, with 42% of renewables, including 16% of hydro, 14% of wind and 13% of solar. Around 53 GW of renewable projects are currently under construction and 154 GW under development.

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