Guest essay by Eric Worrall
The South China Morning Post article actually says coal is expanding, but you have to read halfway down to get to that bit.
Climate change: Renewable energy to meet over 70 per cent of China’s additional power needs in next three years, says IEA
Even as state subsidies are being phased out, the rapid growth of onshore wind and solar farm installations is expected to continue
Renewable energy expansion is the mainstay of China’s strategy to gradually decarbonise its coal-dominated electricity supply
Renewable energy will meet over 70 per cent of China’s additional electricity demand in the next three years as coal’s role in powering the world’s second largest economy continues to decline, according to the International Energy Agency’s latest projection.
Additional demand refers to any increase from today’s level.
Even as state subsidies are being phased out, the rapid growth of onshore wind and solar farm installations is expected to continue, with their combined generating capacity surging 75 per cent to 930 gigawatts by 2024 from 530GW in 2020, it projected.
Renewable energy expansion is the mainstay of China’s strategy to gradually decarbonise its coal-dominated electricity supply, as it aims for peak coal consumption by 2025 and peak carbon dioxide emissions by 2030 to help fight global warming and climate change.
“Renewable energy sources are set to meet over 70 per cent of additional demand during 2022-2024, while coal meets 25 per cent of the increment.”
…Read more: https://www.scmp.com/business/article/3163644/climate-change-renewable-energy-meet-over-70-cent-chinas-additional-power
I call BS. I have no doubt Xi Jinping’s administration told the IEA this is the plan, but Xi Jinping almost crashed the Chinese economy late last year by trying to switch off coal, a follow on from Xi’s catastrophic gas conversion directives, which caused millions to suffer through winter in 2018 without home heating. So I can’t help feeling Xi’s contact with reality is a little tenuous, when it comes to energy planning.