People s republic of china electricity market

The Chinese electricity industry has been in the focus of both domestic and international discussions ever since the reform and opening of the People's Republic in the late 1970s.
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The Chinese electricity industry has been in the focus of both domestic and international discussions ever since the reform and opening of the People''s Republic in the late 1970s.

By 2025, Asia is projected to account for half of the world''s electricity consumption, with one-third of global electricity to be consumed in China. [1] China is the world''s largest electricity producer, having overtaken the United States in 2011 after rapid growth since the early 1990s.

Energy system of China. China''s growing energy needs are increasingly met by renewables, natural gas and electricity. The scale of China''s future electricity demand and the challenge of decarbonising the power supply help explain why global investment in electricity overtook that of oil and gas for the first time in 2016, and why

China''s renewable electricity capacity growth triples in the next five years compared with the previous five, with the country accounting for an unprecedented 56% of global expansion. Over 2023-2028, China will deploy almost four times more renewable capacity than the European Union and five times more than the United States, which will

China will be the only major economy to see higher electricity demand in 2020. However, projected demand growth of around 2% in the People''s Republic of China (hereafter, "China"), which represents about 28% of global electricity consumption, is still significantly below its average since 2015 of 6.5%.

, 1990,2011。 20218.5,30%。,。,2023594.7,11.4%,342.2

China is the world''s largest electricity producer, having overtaken the United States in 2011 after rapid growth since the early 1990s. In 2021, China produced 8.5 petawatt-hour (PWh) of electricity, approximately 30% of the world''s electricity production.[2]

Most of the electricity in China comes from coal power, which accounted for 62% of electricity generation in 2021[2] and is a big part of greenhouse gas emissions by China. Power generated from renewable energy has also been continuously increasing in the country, with national electricity generation from renewable energy reaching 594.7 TWh in Q1 2023, an increase of 11.4% year-on-year, including 342.2 TWh of wind and solar power, up 27.8% year-on-year.[3]

China has two wide area synchronous grids, the State Grid and the China Southern Power Grid. The northern power grids were synchronized in 2005.[8]Since 2011 all Chinese provinces are interconnected. The two grids are joined by HVDC back-to-back connections.[9]

China has abundant energy reserves with the world''s fourth-largest coal reserves and massive hydroelectric resources. There is however a geographical mismatch between the location of the coal fields in the north-east (Heilongjiang, Jilin, and Liaoning) and north (Shanxi, Shaanxi, and Henan), hydropower in the south-west (Sichuan, Yunnan, and Tibet), and the fast-growing industrial load centers of the east (Shanghai-Zhejiang) and south (Guangdong, Fujian).[10][better source needed]

In April 1996, an Electric Power Law was implemented, a major event in China''s electric power industry. The law set out to promote the development of the electric power industry, to protect the legal rights of investors, managers, and consumers, and to regulate the generation, distribution, and consumption.[citation needed]

Before 1994, electricity supply was managed by electric power bureaus of the provincial governments. Now utilities are managed by corporations outside of the government administration structure.[citation needed]

In recent history, China''s power industry is characterized by fast growth and an enormous installed base. In 2014, it had the largest installed electricity generation capacity in the world with 1505 GW and generated 5583 TWh[12] China also has the largest thermal power capacity, the largest hydropower capacity, the largest wind power capacity and the largest solar capacity in the world. Despite an expected rapid increase in installed capacity scheduled in 2014 for both wind and solar, and an expected increase to 60 GW in nuclear by 2020, coal will still account for between 65% and 75% of capacity in 2020.[13]

In Spring 2011, according to The New York Times, shortages of electricity existed, and power outages should be anticipated. The government-regulated price of electricity had not matched rising prices for coal.[14]

In 2020, Chinese Communist Party general secretary Xi Jinping announced that China aims to go carbon-neutral by 2060 in accordance with the Paris climate accord.[15]

In 2024, China''s National Energy Administration ceased publishing data on power utilization by each generating source, impeding analysis of grid constraints.[16]

China Energy Portal publishes Chinese energy policy, news, and statistics and provides tools for their translation into English. Translations on this site depend entirely on contributions from its readers. 2020 electricity & other energy statistics (preliminary)[25]

(Note that change in generation capacity is new installations minus retirements.)

The official Statistics available in English are not all up to date. Numbers are given in "(100 million kw.h)"[26] which equals 100 GWh or 0.1 TWh.

Coal power in China is electricity generated from coal in China and is distributed by the State Power Grid Corporation. It is a big source of greenhouse gas emissions by China.

Hydroelectricity is currently China''s largest renewable energy source and the second overall after coal.[48]China''s installed hydro capacity in 2020 was 370 GW,[49] this is an increase of 51 GW over the 2015 number of 319 GW, and up from 172 GW in 2009, including pumped storage hydroelectricity capacity. In 2021, hydropower generated 1,300 TWh of power, accounting for 15% of China''s total electricity generation.[2] In contrast, in 2015 hydropower generated 1,126 TWh of power, accounting for roughly 20% of China''s total electricity generation.[50]

Hydroelectric plants in China have relatively low productivity, with an average capacity factor of 31%, a possible consequence of rushed construction[48] and the seasonal variability of rainfall. Moreover, a significant amount of energy is lost due to the need for long transmission lines to connect the remote plants to where demand is most concentrated.[48]

Although hydroelectricity represents the largest renewable and low greenhouse gas emissions energy source in the country, the social and environmental impact of dam construction in China has been large, with millions of people forced to relocate and large scale damage to the environment.[52]

China has identified wind power as a key growth component of the country''s economy.[58]

China is the world''s largest market for both photovoltaics and solar thermal energy. At the end of 2021 there was 306 GW of solar power in China proving 377,000 gigawatt-hours (GWh) of solar power electricity to the grid (out of total 7,770,000 GWh electricity power production.[2]In comparison, of the 7,623 TWh electricity produced in China in 2020, 261.1 TWh was generated by solar power, equivalent to 3.43% of total electricity production.[60] This was a 289% increase since 2016, when production was 67.4 TWh,[61] equivalent to an annual growth rate of 40.4%.

China has been the world''s leading installer of solar photovoltaics since 2013 (see also growth of photovoltaics), and the world''s largest producer of photovoltaic power since 2015.[62][63][64] In 2017 China was the first country to pass 100 GW of cumulative installed PV capacity.[65] However electricity prices are not properly varied by time of day, so do not properly incentivize system balancing.[66]

Solar water heating is also extensively implemented, with a total installed capacity of 290 GWth at the end of 2014, representing about 70% of world''s total installed solar thermal capacity.[67][68] The goal for 2050 is to reach 1,300GW of Solar Capacity. If this goal is to be reached it would be the biggest contributor to Chinese electricity demand.[69]

About People s republic of china electricity market

About People s republic of china electricity market

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