CHINA MONTHLY ENERGY UPDATE
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MONTHLY CHINA ENERGY UPDATE | April 2025
– Renewables accounted for 89% of new capacity added in the first quarter of 2025 – Solar and wind power generation up 27% year-on-year in Q12025 – Grid investment spending hit US$13 billion, up 25% year-on-year – China’s coal imports drop amid trade uncertainties – 7+ countries strengthen renewable energy cooperation with China Read more
MONTHLY CHINA ENERGY UPDATE | March 2025
Combined solar and wind power capacity in China surpasses coal capacity for the first time in February 2025 Read more
MONTHLY CHINA ENERGY UPDATE | February 2025
China hit new record of solar and wind power capacity additions in 2024 Read more
MONTHLY CHINA ENERGY UPDATE | Hydropower Generation Recovered, Driving Down Thermal Power Demand
China’s total electricity demand shows an overall 6.1% increase from January to September 2024, reaching 7,213TWh. In September alone China’s electricity demand reached 837TWh, +8.9% y-o-y. Of this 38% of the generation comes from zero emissions power, +12.9% y- Read more
MONTHLY CHINA ENERGY UPDATE | Increasing Electricity Demand Showcasing China’s Economic Resilience
During the first 8 months of 2024, China added 210GW of new capacity to the grid, a 14% y-o-y increase. August alone saw China add 25.1GW of new capacity additions. From January to August 2024, China spent RMB333bn (US$47bn) on power grid projects, a 19% y-o-y increase. In August alone, China invested RMB79bn (US$11bn) in the power grid. From January to August in 2024, China’s electricity demand increased by 7% y-o-y, reaching 6,456TWh. This is a sign of China’s continued economic resilience and as a result of the country’s continuous electrification-of-everything strategy. CEF expects China’s electricity demand to continue to climb in the coming decade. Read more