New Energy Capacity Surpasses Thermal Power for the First Time

China's New Energy Capacity Surpasses Thermal Power for the First Time

China's installed new energy capacity, encompassing wind, solar, and biomass power generation, has surpassed the country's installed thermal power capacity for the first time. This milestone signifies a significant step towards China's green energy transition.

As of the end of 2024, China's total installed power generation capacity reached 3.35 billion kilowatts, representing a 14.6% year-on-year increase. Notably, solar power generation capacity surged by 45.2% to approximately 890 million kilowatts, while wind power capacity expanded by 18% to around 520 million kilowatts.

This remarkable growth in renewable energy capacity has positioned it as the dominant source of power generation in China, exceeding the previously leading thermal power capacity. This shift underscores the nation's commitment to clean energy and its efforts to combat climate change.

Furthermore, the power sector has witnessed significant progress in green and low-carbon transformation. Investment in power generation projects by major national enterprises in 2024 amounted to approximately 1.17 trillion yuan ($161.5 billion), reflecting a 12.1% increase.

The recent document released by the National Development and Reform Commission and the National Energy Administration outlines plans to further enhance the regulatory capacity of the nation's power system between 2025 and 2027. This initiative aims to ensure a smooth and efficient transition towards a more sustainable energy future.

In conclusion, China's achievement in surpassing thermal power capacity with new energy capacity marks a pivotal moment in the country's energy landscape. This milestone, coupled with ongoing investments and policy initiatives, paves the way for a cleaner and more sustainable energy future for China.