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China Daily / 2024-03 / 23 / Page005

Nation to ramp up energy security initiatives

By Zheng Xin | China Daily | Updated: 2024-03-23 00:00
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Amid its green energy transition, China will further ensure domestic energy security through technological innovation and by deepening reform and opening-up, in order to stimulate development vitality, the National Energy Administration said on Friday.

China is committed to further increasing the proportion of nonfossil energy and optimizing industrial development policies. The proportion of nonfossil energy installed capacity in power generation is targeted to increase to around 55 percent, while wind and solar power generation is aimed to contribute over 17 percent of national electricity generation.

The proportion of nonfossil energy in the total energy consumption is expected to rise to around 18.9 percent, it said in a guideline on energy work in 2024.

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