China has taken a number of measures to significantly increase the installed capacity of wind and solar power, which is the country's latest step towards creating an energy system that ensures the development of clean and low-carbon, safe and highly efficient energy sources.
In order to bring the combined capacity of wind and solar power plants in the country to 1.2 billion kW by 2030, the action plan released on Monday put forward 21 specific measures in 7 areas, ranging from creating more suitable electricity grids to promoting technological breakthroughs and providing financial support.
In recent years, China has been accelerating its expansion of wind and solar generation, thanks to which the country confidently ranks first in the world in terms of the total installed capacity of wind and solar power plants. Electricity generated from wind and solar accounts for 11.7 percent. of China's total electricity generation.
According to the document, this sector has entered a new phase of development, which is characterized by affordable prices and the absence of subsidies. However, the document lists a number of constraints, such as the lack of adaptability of the power system to grid connection and the consumption of large-scale and high proportion of new energy, as well as obvious limitations in relation to land resources.
"For the large-scale and high-quality development of the new energy sector in the long term, one of the key tasks is to accelerate the efficient and reliable replacement of fossil fuels with new energy sources," said Du Zhongming, director of the China Institute of Electricity Planning and Design.
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According to the plan, China will accelerate the construction of large wind and photovoltaic power bases in deserts, while encouraging the development of distributed power plants in villages, industrial parks, and on rooftops. By 2025, half of new government buildings will have photovoltaic installations on their roofs.
In order to promote the use of new energy sources on a wider scale, power grids will be upgraded to increase their ability to receive energy from distributed new energy projects, and efforts will be made to increase the share of new energy sources in the electricity market.
National laboratories for new energy sources will be built, with an emphasis on fundamental theoretical research, as well as advanced and breakthrough technologies. More efforts will be directed towards making breakthroughs in high-efficiency solar panels and advanced wind power equipment. Also, special attention is paid to the technology of recycling end-of-life wind turbines and photovoltaic modules.
More reliable conditions will be provided in China for the protection of intellectual property in the new energy sector, and the country will work to strengthen international cooperation in this area. There will also be increased support for sector development in the form of fiscal and financial policies, such as green bonds and loans.
The plan was developed by the National Development and Reform Commission and the State Energy Administration and published by the State Council Office of the People's Republic of China.
