China's energy self-sufficiency rate has remained above 80 percent in 2024, thanks to enhanced energy security capabilities and green low-carbon development, according to a national energy work conference held on Sunday in Beijing.
According to the National Energy Administration (NEA), the expected national coal production for this year is around 4.76 billion tons. Crude oil production is set to rebound for the sixth consecutive year, with natural gas production poised to increase by over 10 billion cubic meters for the eighth year in a row.
Additionally, the country's total installed power generation capacity is about 3.32 billion kilowatts in 2024, generating 10 trillion kilowatt-hours of electricity, marking a year-on-year increase of 5.7 percent. More than 300 million kilowatts of renewable energy have been installed, accounting for more than 85 percent of the newly installed capacity.
In 2024, China continued to promote stable coal production and supply, with the proportion of intelligent capacity in coal production exceeding 50 percent. The country upgraded coal-fired units totaling 180 million kilowatts and eliminated over eight million kilowatts of outdated capacity, according to the NEA.
Meanwhile, in 2024, the total installed hydropower capacity in China is 435 million kilowatts, with pumped storage capacity amounting to 57 million kilowatts. Currently, there are 102 operational and approved nuclear power units in the country with a total installed capacity of 113 million kilowatts. China's total nuclear power generation capacity ranks first in the world.
According to the administration, China will accelerate the planning and construction of a new energy system in 2025.
In the new year, China plans to approve the construction of high-intelligence, secure and large modern coal mines and continue the clean and efficient coal utilization plan.
The annual coal production target is around 4.8 billion tons. In the oil and gas sector, China will promote the leapfrog development in exploiting resources such as shale oil and gas from deep earth and deep sea. The annual crude oil production is expected to be maintained at over 200 million tons, with continued rapid growth in natural gas production.
Additionally, China will vigorously promote the development and utilization of wind and solar energy.
"We will actively advance the construction of the second and third batches of large wind and solar projects in the desert, gobi, and wasteland. We will speed up the development of offshore wind power and promote the development of distributed photovoltaic power and decentralized wind power," said Wang Hongzhi, head of the NEA, at the work conference.
According to the NEA, China will authorize the start of a number of coastal nuclear power projects in 2025.
The construction of nuclear power projects will progress steadily, with the aim of reaching an operational nuclear power capacity of around 65 million kilowatts by the end of 2025, ensuring the safe and stable operation of nuclear power units in operation.
Furthermore, more efforts will be made to advance the construction of a new type of power system.
"Special campaigns including optimizing the regulation capacity of the power system, facilitating the high-quality development of the distribution network, and new generation coal power upgrade will be carried out. Efforts will also be made to accelerate virtual power plant development and initiate large-scale pilot application of vehicle network interaction," said Wang.
China's energy self-sufficiency rate remains above 80 pct in 2024
China's energy self-sufficiency rate remains above 80 pct in 2024
China's energy self-sufficiency rate remains above 80 pct in 2024
