China's clean energy pushes coal to record-low 53% share of power in May 2024
An analysis in July 2024 revealed China's clean energy sources hit a record high of 44%, reducing coal's share to 53%. Solar generation surged by 78%, impacting CO2 emissions positively.
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In July 2024, an analysis by Lauri Myllyvirta revealed that clean energy sources in China reached a record-high of 44% of electricity generation, causing coal's share to drop to a record low of 53%. Despite a 7% growth in electricity demand, coal lost 7 percentage points compared to the previous year. The analysis highlighted limitations in the National Bureau of Statistics (NBS) data, which excluded significant portions of solar generation, leading to misconceptions about the performance of wind and solar energy. The data showed a significant increase in solar generation by 78% and a recovery in hydro generation by 39%. This surge in clean energy production outpaced the rise in electricity demand, resulting in a decrease in fossil fuel output. The drop in coal and gas generation led to a 3.6% reduction in CO2 emissions from the power sector, a significant contributor to China's greenhouse gas emissions. The findings suggest that if the current trend of rapid wind and solar deployment continues, China's CO2 emissions are likely to decline, potentially making 2023 the peak year for the country's emissions.
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3 comments"China building two-thirds of world’s wind and solar projects"
> Country on track reach 1,200GW of installed wind and solar capacity by end of 2024 – six years ahead of Beijing’s target
https://www.theguardian.com/world/article/2024/jul/11/china-...
Final paragraph:
> China’s renewable energy pipeline is two times larger than the rest of the world,” Li said. “But the question we should increasingly ask ourselves is, how come the rest of the world is so slow?”
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