Caixin
Mar 23, 2022 06:38 AM
BUSINESS

China’s Energy Map to 2025 Plans Massive Boost in Power Capacity

The ambitious power capacity target comes as China ramps up renewable installations
The ambitious power capacity target comes as China ramps up renewable installations

(Bloomberg) — China is targeting a huge increase in power capacity over the next five years as it tries to ensure energy security while staying on course to reach long-term climate goals.

The country aims to have 3,000 gigawatts of generating capacity installed by 2025, up from 2,200 at the end of 2020, according to its 14th five-year plan for energy development released Monday. The 800-gigawatt growth goal is about twice the size of India’s entire power fleet, according to BloombergNEF data.

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