Page 8 - AsiaElec Week 10 2021

AsiaElec COAL-FIRED GENERATION AsiaElec

China Huadian to shut 3 GW of

coal-fired capacity by 2025

CHINA CHINESE power giant China Huadian Corp. The government earlier in March published
wants to close 3 GW of coal-fired generating its 2021-2025 economic plan, which sets out a
capacity and increase renewables’ share of its target of -fossil fuels accounting for 20% of total
generating mix to 50% by 2025. energy consumption by 2025.
Reuters reported, quoting Wen Shugang, As the government has published these aims,
chairman of Huadian Group, that Huadian the country’s power giants have also revealed
aimed to bring online 75 GW of renewables dur- how they will try to meet these targets.
ing the current 2021-25 planning period, and to So far, four out of China’s top five power gen-
reach peak CO2 emissions in 2025. erators, except for China Energy Group, have
“Huadian is drafting the detailed action plan published plans detailing their intentions for
for the carbon emissions peak. We target [rais- their CO2 emissions to peak by 2030.
ing] non-fossil fuel to 50% of total power gen- As well as generators, State Grid Corp.
eration capacity by 2025, and non-coal power to announced earlier in March that it wanted its
60%,” said Wen. emissions to peak by 2025.
Non-coal power refers to renewable fuels plus State Grid set a target of 1,000 GW of wind
gas. and solar capacity connected to the grid by
Huadian is the country’s third-largest power 2030, up from 450 GW now, as well as 80 GW
generator, with 153 GW of capacity at the end of nuclear. It also wanted a 50% share of clean
of 2019. Of this, non-fossil fuels provided 29%, power in inter-province transmission lines
Reuters reported. State Grid intends to build seven new
Huadian figures said that it had 108 GW of long-distance ultra-high voltage power lines
thermal capacity, coal and gas, at the end of 2019. with 56 GW of capacity by 2025. This would raise
By 2025, the aims to build new renewables inter-regional transmission capacity to 300 GW.
projects, including hydro, and to make acquisi- It also aims to build 41.6 GW of pumped hydro
tions and develop new greenfield sites abroad, and 50 GW energy storage by 2025.
Wen said. Meanwhile, the government is seeking to
Chinese President Xi Jinping has revealed raise electricity’s share of total energy consump-
China’s goal of reaching peak CO2 emissions by tion to 30% by 2025 and 35% by 2030. In total,
2030, and to have 1,200 GW of solar and wind the government is aiming to raise electricity’s
by 2039. This is part of the government’s plans to share of total energy consumption to 30% by
achieve net zero by 2060. 2025, and 35% by 2030.™

P8 www. NEWSBASE .com Week 10 10•March•2021