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China produces half of its energy with renewables and increases its capacity by 20%

Date: April 24, 2024 Time: 09:49:11

China increased the capacity generated through renewable energy by 20.8% year-on-year in the first ten months of 2023, which represents 49.9% of total energy generation in the country, according to data from the National Energy Administration.

Of the total, the Asian country has 420 million kilowatts from hydroelectric plants, 404 million kilowatts from wind plants, 536 million generated by photovoltaic or solar sources and 44 million from the processing of biomass, the official Xinhua agency reported today.

According to the aforementioned Administration, China hopes to exceed the figure of 1,450 million kilowatts of energy capacity obtained from renewables by the end of this year.

Between January and October, energy generation from clean sources reached 2.33 trillion kilowatts per hour in China, corresponding to 31.8% of all the energy produced in the Asian giant in that period.

Beijing aims to ensure that by 2030, non-fossil fuels provide 25% of the energy generated in the country, in which coal is still the absolute protagonist.

China, the world’s largest emitter of greenhouse gases, has also committed to reaching peak CO2 emissions by 2030 and carbon neutrality by 2060.

new well

On the other hand, this Saturday the oil company Changqing Oilfield, a subsidiary of Petrochina, has discovered an oil field with reserves that could exceed one hundred million tons in the province of Gansu (north-central), according to state media and has EFE collection.

The deputy director of the company, Niu Xiaobing, quoted by the official Xinhua agency, announced that so far proven reserves of 50.24 million tons of oil have been found and it is estimated that there are another 56.2 million tons in the area. .

Daily production at the field has reached 504 tons, according to Niu, who added that the annual capacity of the new oil field will be around half a million tons. Changqing Oilfield already had oil and gas exploitation in northwest China that produced an annual production of 65 million tons.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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