Chinese energieopslag lay-out trend grafische video

What will China's Energy Policy look like in 2050?

By 2050, China's energy policy will see natural gas consumption remaining high, with consumption marginally below 2023 levels and 58% being imported. The country will more than quintuple renewable energy installations, driven by strong policy support and rapid uptake of green technologies.

Why is China's power grid creaking?

China ’s creaking grid represents a major constraint to progress on its green energy transition. During the first four months of this year alone, China invested Rmb122.9bn ($17bn) in its power grid projects, a 24.9 per cent year-on-year increase.

Will a boom in energy storage solve China's supply-demand mismatch?

A boom in energy storage, mostly through large battery packs for grid-level storage, should also alleviate the supply-demand mismatch on China’s grid over the long term. Goldman Sachs analysts have forecast a 70-fold increase in battery storage in 2030 from 2021 levels.

What challenges will China's grid face?

Ken Liu, head of China renewables, utilities and energy research at UBS, said a critical challenge was the improvement of the dispatch system, or software that controls electricity flows to residential, commercial and industrial users. Liu expects as much as 15 per cent of China’s total grid capital spending to be allocated to this software.

How much will China spend on electricity by 2030?

China’s forecast capital expenditure is set to rise from about $102bn this year to $157bn by 2030, according to data from research group Rystad Energy. Despite China’s huge spending programme, there are signs of increasing pressure on the distribution and transmission of electricity.

Is Huaneng Group's 'Go Global' Strategy a success?

At a time when developing renewable and green energy has become a global priority, Chinese power generation company Huaneng Group's "go global" strategy has been hailed as a "success" story.