China's installed capacity of non-fossil energy power generation exceeds that of coal power, what does this mean?

China's energy self-sufficiency rate has been maintained at over 80 percent, effectively guaranteeing the needs of domestic economic and social development. While the needs of economic and social development have been well protected, the green transformation of energy has also made positive progress. Non-fossil energy power generation installed capacity has exceeded 1.1 billion kilowatts, historically exceeding the installed capacity of coal power. The share of coal power in total installed capacity has also dropped to below 50 percent. Global energy supply and demand are tight and prices are high. China continued to increase the supply of clean energy, intensify oil and gas exploration and development, and strengthen the clean and efficient use of coal, resulting in an overall stable energy supply and demand situation and stable energy prices. For the first time, the installed capacity of non-fossil energy has exceeded that of coal power, and the needs of economic and social development have been well protected.

The electricity consumption of high-tech and equipment manufacturing industries increased by 15.7% year-on-year, leading the growth rate of manufacturing industries. Among them, some emerging manufacturing power consumption grew faster. The electricity consumption of medical equipment, wind power primary equipment, new energy automobile manufacturing electricity consumption, photovoltaic equipment and parts manufacturing electricity consumption increased by 24.9%, 25.4%, 46.8%, 91.3%, reflecting the continued transformation and upgrading of the manufacturing industry. The trend of green and low-carbon development has been highlighted. In terms of cumulative installed capacity, the full-caliber installed capacity of non-fossil energy power generation reached 1.12 billion kilowatts, and the installed capacity of coal power reached 1.11 billion kilowatts.

This is the first time that the installed capacity of full-caliber non-fossil energy power generation exceeds that of coal power. In line with the national industrial policy, Waigaoqiao Unit 3 1 million kilowatts, Waigaoqiao Unit 2 900 million kilowatts, using advanced technology, coal consumption of power supply is at the leading level in the country, optimizing the city's power structure, promoting energy conservation and emission reduction has made a positive contribution. A comprehensive energy supplier with electricity, oil and gas as its main business. The company's power supply accounts for about one-third of the Shanghai area. The power projects invested in are distributed in the fields of coal power, gas, hydropower, nuclear power and new energy power generation, realizing the diversification of power supply structure and the cleanliness of power production. It exclusively operates the natural gas pipeline network of the city's high-pressure natural gas backbone network, and Petroleum and Natural Gas Co. Ltd. is responsible for the exploration and development of the Pinghu oil and gas field in the East China Sea.