Aerial photo taken on April 27, 2020 shows wind power installations in Weining County, southwest China's Guizhou Province. (Xinhua/Tao Liang)
BEIJING, Oct. 12 (Xinhua) -- The non-fossil energy industry in China is expected to achieve explosive growth in the 14th Five-year Plan period from 2021 to 2025, the Xinhua-run Shanghai Securities News reported on Monday.
The increased expectations for the development of renewable energy are related to an announcement made recently by the country. China will adopt more effective measures to ensure that the carbon dioxide emissions reach the peak before 2030 and strive to achieve carbon neutrality by 2060, according to Lin Boqiang, dean of the China Institute for Studies in Energy Policy at Xiamen University.
"Although China is still 40 years away from achieving the goal of carbon neutrality, in order to change the current energy structure with the fossil energy accounting for nearly 85 percent, it must continue to increase the proportion of renewable energy," said Lin.
According to Lin, China is promoting the legislation to further the development of renewable energy.
The revised draft of the electricity law which is now soliciting public opinions will solve the problem of renewable energy access to the power grid.
Statistics show that China's non-fossil energy consumption was about 740 million tonnes of standard coal in 2019, and non-fossil energy accounted for 15.3 percent of total energy consumption.
Zhu Yue, an analyst with the Industrial Securities, believes that during the 2021-2025 period, the proportion of non-fossil energy in the total energy consumption may be higher than 18 percent. Among the non-fossil energy sources, the development potential of hydropower, nuclear power, and biomass power generation is relatively limited, while that of wind power and photovoltaic power is huge.
China is expected to put more than 290 million kilowatts (290GW) of wind power installed capacity into operation during the 14th Five-year Plan period, with an average annual increase of more than 50 million kilowatts (50GW). By 2025, the country's planned wind power installed capacity will total 540 million kilowatts (540GW). By 2025, the country's planned total photovoltaic installed capacity will reach 560 million kilowatts (560GW), forecast by Li Jun, an official of the Global Energy Interconnection Development and Cooperation Organization (GEIDCO), a non-profit international organization dedicated to promoting the sustainable development of energy worldwide, at a recent power forum.
It is worth noting that the local authorities have recently announced their plans for the development of the renewable energy.
For example, south China's Guangdong Province has recently unveiled a plan to vigorously develop advanced nuclear energy, offshore wind power, solar and other advantageous industries during the 2021-2025 period, targeting to have the province's non-fossil energy consumption account for approximately 30 percent of its total energy consumption by 2025.
According to a circular recently released by southwest China's Yunnan Province, it will make planned installed wind and photovoltaic power capcity of 11GW in 2020-2021,which is expected to increase the proportion of green energy installed capacity in the province to 85 percent by 2025. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)
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