China, already the world’s new-energy leader, is not taking its foot off the pedal
Major infrastructure projects have amped up China’s renewable-energy storage, and 25 per cent of all consumed energy could come from non-fossil-fuel sources by 2030
Despite having the world’s biggest network for charging electric vehicles (EVs), coupled with the largest new-energy storage capacity, China is not resting on its laurels.
Fresh pledges from Beijing call for further accelerating the development of China’s new-energy system amid an increasingly aggressive push to meet carbon-neutrality targets and expedite the nation’s green-energy transition.
“China has built the largest EV-charging network in the world, with two charging stations for every five vehicles, making charging more hassle-free for the people,” said Wang Hongzhi, director of the National Energy Administration (NEA), at a press conference in Beijing on Tuesday that focused on China’s achievements in energy.
Meanwhile, the country has also significantly boosted renewable-energy storage through major infrastructure projects, and the proportion of power-generation capacity from renewable energy, among all energy-generation capacity, has grown over the past five years from 40 per cent to around 60 per cent, he noted.
About 5.62 million new energy vehicles were registered in China during the first half of the year, official data shows, accounting for nearly half of all new vehicle registrations. That brought the total number of new-energy vehicles to 36.89 million by the end of June.