China’s Energy Map to 2025 Plans Massive Boost in Power Capacity
- China’s electricity fleet to grow 36% from 2021 to 2025
- 5-year plan calls for increased gas output and storage
Clean energy is expected to account for 20% of China’s total consumption by 2025
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China is targeting a huge increase in power capacity over the next five years as it tries to ensure energy security while staying on course to reach long-term climate goals.
The country aims to have 3,000 gigawatts of generating capacity installed by 2025, up from 2,200 at the end of 2020, according its 14th five-year plan for energy development released Monday. The 800-gigawatt growth goal is about twice the size of India’s entire power fleet, according to BloombergNEF data.