China this year will be able to absorb 52 per cent more new wind and solar power capacity than in it added 2019.
The world’s biggest energy consumer has space on its grids to add 36.65 gigawatts of wind and 48.45 gigawatts of solar, according to a transmission analysis report by the National New Energy Absorption Monitoring and Warning Center. Grid capacity is a critical factor for new installations, as the country tries to avoid curtailing large amounts of power as it sometimes had to do during its world-leading investment binge in renewables over the past decade.
Last year, China added 25.74 gigawatts of wind and 30.11 of solar to the grid, but coal remains by far its biggest power source. The report was based on data submitted to the National Energy Administration by China’s grid operators.
© 2020 Bloomberg L.P.