China will force regional power-grid firms to purchase at least 40 per cent of power from non-fossil fuel sources by 2030 in order to abide by the country’s climate targets.
Grid companies will steadily boost the amount of power purchased from clean generation sources from 28.2 per cent in 2020 to 40 per cent by 2030, as per a draft policy from the National Energy Administration (NEA).
President Xi Jinping vowed last year to make China carbon free by 2060, and said in December it would enhance the share of non-fossil fuels in fundamental energy consumption to around 25 per cent by 2030 from a previous promise of 20 per cent.
To ensure President Xi’s climate targets are met, China will put into play stricter targets for non-fossil fuel consumption,” the NEA document said.
The targets suggest China will basically depend on solar and wind to meet its energy-friendly goals, and wean away from the construction boom of large-scale hydroelectric projects in recent years.
In December, Xi also said that China will enhance its installed capacity of wind and solar power to more than 1,200 gigawatts (GW) by 2030.
The targets embarked on in the NEA document are based on estimates that China’s total power consumption will reach a colossal 11 trillion kilowatt-hours and basic fundamental energy consumption will hit 6 billion tonnes of standard coal equivalent by 2030.as mentioned in the policy draft.
China’s renewable energy policy mandates local grid firms to fully procure all power rigged-up by renewable sources.
But grids have been charged with enhancing coal-fired power whereas inadequate transmission capacity has also hampered the swift mobilization of renewables.