lpetrich
Contributor
China is building two-thirds of new wind and solar globally, report says | Reuters
Very welcome. Good that China is on a path to becoming less of an excuse to do nothing about CO2 emission.Almost two-thirds of big wind and solar plants under construction globally are in China, where surging renewable capacity has squeezed coal's generation share to new lows, research released on Thursday showed.
China is building 339 gigawatts (GW) of utility-scale wind and solar, or 64% of the global total, a report from U.S.-based think tank Global Energy Monitor (GEM) found. That is more than eight times the project pipeline of the second-place U.S., with 40 GW.
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China generated 53% of its electricity from coal in May, a record low, while a record 44% came from non-fossil fuel sources, indicating its carbon emissions may have peaked last year if the trend continues, according to the analysis conducted by Lauri Myllyvirta, senior fellow at Asia Society Policy Institute.
Coal's share was down from 60% in May 2023.
Solar rose to 12% of power generation in May and wind to 11% as China added large amounts of new capacity. Hydropower at 15%, nuclear with 5% and biomass at 2% made up the rest of the non-fossil fuel power.
The increased renewable generation led carbon dioxide emissions from the power sector, which make up some 40% of China's overall emissions, to fall 3.6% in May.