China's New Energy and Carbon Reduction Plan
TapTechNews May 29th news, the State Council issued the '2024-2025 Energy Conservation and Carbon Reduction Action Plan', which mentioned that accelerating the elimination of old and outdated motor vehicles and raising the entry standards for energy consumption limits of operating vehicles. Gradually eliminating the purchase restrictions of new energy vehicles in various regions. Implementing supporting policies such as facilitating the passage of new energy vehicles. Promoting the electrification of vehicles in the public sector, orderly promoting new energy medium and heavy-duty trucks, and developing zero-emission freight fleets. Promoting the scrapping and renewal of old transport ships and promoting the pilot project of electrification transformation of coastal and inland river ships. By the end of 2025, the carbon dioxide emission intensity in the transportation sector will be reduced by 5% compared to 2020.
It is proposed to increase the development intensity of non-fossil energy. Accelerating the construction of large-scale wind power and photovoltaic bases focusing on deserts, gobi, and wastelands. Reasonably and orderly developing offshore wind power, promoting the large-scale development and utilization of marine energy, and promoting the development and utilization of distributed new energy. Orderly building large-scale hydropower bases, actively and safely developing nuclear power, developing biomass energy according to local conditions, and comprehensively promoting the development of hydrogen energy. By the end of 2025, the proportion of non-fossil energy power generation in the whole country will reach about 39%. Improving the absorptive capacity of renewable energy. Accelerating the construction of external transmission channels for large-scale wind power and photovoltaic bases, and improving the cross-provincial and cross-regional power transmission capacity. Accelerating the transformation of the distribution network to improve the carrying capacity of distributed new energy. Actively developing pumped storage, new energy storage. Vigorously developing new technologies and models such as microgrids, virtual power plants, and vehicle-grid interaction. By the end of 2025, the installed capacity of pumped storage and new energy storage in the whole country will exceed 62 million kilowatts and 40 million kilowatts respectively; the demand response capacity in each region should generally reach 3% to 5% of the maximum power consumption, and in regions where the annual peak-valley difference rate of the maximum power consumption exceeds 40%, the demand response capacity should reach more than 5% of the maximum power consumption. Vigorously promoting the consumption of non-fossil energy. Scientifically and reasonably determining the scale of new energy development. In the premise of ensuring economic efficiency, the utilization rate of new energy in areas with good resource conditions can be reduced to 90%. Areas with lagging progress in energy conservation and carbon reduction indicators in the first three years of the '14th Five-Year Plan' should implement non-fossil energy consumption commitments for new projects, and the non-fossil energy consumption ratio of new high-energy-consuming projects in the last two years of the '14th Five-Year Plan' should not be less than 20%, and local governments are encouraged to increase the proportion requirements according to actual situations. Strengthening the connection between the trading of green electricity certificates of renewable energy (hereinafter referred to as green certificates) and energy conservation and carbon reduction policies, and realizing full coverage of green certificate issuance by the end of 2024.
TapTechNews attaches the full text of the plan as follows: