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The International Energy Agency (IEA) has drafted a carbon neutrality roadmap for China. According to the plan, solar energy will become the number one energy source by 2045, and coal consumption has to be cut back to one-fifth by 2060. Greater efficiency and a massive expansion of renewable energies are needed. There is even implementation of technologies that do not exist yet. This all costs a lot of money. But the IEA believes that China is capable of making the transition even faster.
By Christiane Kuehl
China wants to end the construction of new coal-fired power plants abroad. This may also mean an end to the financing of coal-fired power by Chinese development banks – which could be an important step in the fight against climate change, as Beijing invested billions in this sector in the past. But the devil is in the details.
By Nico Beckert
Rising energy prices are causing uncertainty throughout Europe. Part of the cost development is due to climate protection. In the EU Parliament, Commission Vice-President Frans Timmermanns commented on the situation in the energy market: The Green Deal could de-escalate rather than exacerbate the development.
By Timo Landenberger
Renewable energies are an integral part of China's policy. The current, 14th Five-Year Plan primarily promotes the technological areas of energy and materials and focuses on the development of alternative energy sources. In contrast to the previous five-year plan, the focus is no longer on achieving global technological leadership in renewable energy technologies, but rather on expanding the infrastructure and strengthening the economic and secure energy supply. In the 14th Five-Year Plan, the Chinese Ministry of Energy (NEA) has given concrete figures for renewable energy. Thus, the total installed capacity of wind power and solar is to reach 1200 GW by 2030. As early as 2020, China's energy system experienced record renewable energy growth despite the coronavirus crisis. By 2025, the final 16.5 percent should be reached. From Production & Development to China's Roadmap to Carbon Neutrality to Coal Turnaround - China Renewable Energy News from the Table.Media Editorial Team!