China.org.cn, March 30 (reporter Dong Xiaodi) China Information Technology Office held a press conference on March 30 to introduce the development of renewable energy in China.
During the 14th Five-Year Plan period, China’s renewable energy development will enter a new stage of large-scale, high-proportion, market-oriented and high-quality energy development, said Li Chuangjun, director of the Department of New and Renewable Energy at the National Energy Administration.
By the end of the 14th Five-Year Plan period, renewable energy will account for more than 50% of China’s total installed power capacity.
Proportion of renewable energy in the energy consumption will continue to improve, by the end of “difference” is the proportion of renewable energy electricity consumption increment in the whole society will amount to about two-thirds, in the proportion of primary energy consumption increment will exceed 50%, energy from renewable energy will be the increment of power consumption, energy into the body of the power consumption increment.
In addition, starting from this year, wind power and photovoltaic development will enter the parity stage, get rid of the dependence on financial subsidies, and achieve market-oriented and competitive development. The 14th Five-Year Plan will accelerate the construction of a new power system with new energy as the main body to improve the absorption and storage capacity of new energy, so as to realize both large-scale development of renewable energy and high-level absorption and utilization of renewable energy.