Coal Moves Out, China’s Green Energy Will Skyrocket in 2022

Jakarta, CNBC Indonesia – New and renewable energy sources such as Wind/Wind Power Plants (PLTB), Nuclear Power Plants (PLTN), Solar Power Plants (PLTS), and Hydro Power Plants (PLTA), are estimated to control 50% of the total power generation capacity. China at the end of 2022.

If this happens, then this means that for the first time non-fossil energy can match the fossil energy mix of China’s power plants. The estimate was submitted by the China Electricity Council (CEC), quoted by Reuters, Friday (28/01/2022).

China, the world’s largest coal consumer, is expected to add 180 Giga Watts (GW) of new non-fossil-based power plants during 2022. Thus, this could increase the total capacity of non-fossil power plants in the Bamboo Curtain country to 1,300 GW, according to China Electricity. Council.

This estimate means that the total new renewable energy-based power generation capacity in China will reach half of the total power generation capacity in China, which is targeted to reach 2,600 GW by the end of 2022. Of this total capacity, 1,140 GW will come from coal-fired power plants (PLTU). coals.

China has pledged to “control” coal consumption in the period 2021-2025 and bring total wind and solar capacity to at least 1,200 GW by the end of this decade to limit carbon emissions by around 2030 and achieve carbon neutrality by 2060.

The CEC earlier this month said that China’s power generation industry, which accounts for about 41 percent of the country’s carbon emissions, could limit its carbon emissions by 2028.

The China Electricity Council also estimates that China’s electricity consumption in 2022 will increase by 5-6 percent to 8.7-8.8 trillion kilo Watt-hour compared to 2021.

“(We) expect the electricity supply and demand situation in 2022 to be generally balanced across the country. But some regions could experience electricity crises during peak demand hours in summer and winter,” the CEC said. (28/01/2022).

[Gambas:Video CNBC]