China’s National Development and Reform Commission and the National Energy Administration have presented the country’s new five-year renewable energy plan for 2026-2030. Both institutions anticipate that the Chinese renewable energy industry will grow and show improved operational quality.
They predict that by 2030, China’s total installed capacity of renewable generation would reach 3500 GW, generating 6000 TWh annually. They also predict that the combined capacity of solar and wind would exceed 2800 GW, with an annual output of 4000 TWh.
As part of the 15th Five-Year Plan, China plans to add over 300 GW of firm renewable energy capacity to meet peak demand in order to improve grid stability alongside the growth of variable energy sources such as solar and wind power. It also states that offshore wind energy projects in coastal areas with good wind resources will add 100 GW.
China also plans to increase its conventional hydropower capacity to 410 GW and has set a target of 160 GW of pumped storage by 2030.
China plans to have 50 per cent of its electricity generation from renewable sources by 2030.