中文
China's power consumption is forecast to grow by around 6% year on year in 2023, China Electricity Council (CEC) said in its latest report published on July 7, unchanged from the previous projection made in March and the start of the year.
CEC expected power supply and demand to maintain generally balance, while noting regional tightness is also likely to occur in some peak periods.
By 2030, the proportion of non-fossil energy installed power generation capacity in power generation is forecast to reach around 60% and that of power generation from non-fossil energy to approach 50%, with its increment accounting for approximately 90% in the total power generation increment.
The demand for adjusting capability of the power system during peak and valley load periods will continue to increase, along with the gradual increase in share of new energy sources and the transitioning of coal-fired power towards being a fundamental support and system-regulating power source.
The CEC also released some data in the power industry in 2022. By the end of last year, China's installed power capacity climbed 8% year on year to 2.57 TW.
New energy power capacity presented robust growth, with the grid-connected wind power capacity rising 11.2% year on year to 365.64 GW and solar rising 28.1% to 392.68 GW.
The newly added installed capacity of power generation nationwide reached 202.98 GW last year, representing a growth of 13.3% compared to the previous year. Of that, the combined increment of wind and solar power capacity exceeded 100 GW, accounting for 62.5% of the total new power generation capacity. Solar power alone contributed 88.21 GW, a remarkable year-on-year increase of 61.7% and reaching a new historical high.
China's total power generation rose 3.6% year on year to 8,693.9 TWh in 2022, with coal-fired power at 5,079.2 TWh, representing 58.4%.
(Writing by Emma Yang Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.
