Today, China has 18% of the world’s population, uses 26% of global primary energy, emits 33% of global energy-related CO2, and is by far the leading installer of renewables. The energy transition in China is critical to its future and to the success of the global energy transition.
The impact of China on the global energy transition cannot be underestimated with China’s enormous green energy shift and its large share of the world’s emissions.
In one of the most comprehensive English-language reports on China’s energy transition, and part of DNV’s Energy Transition Outlook series, DNV finds that China
is set to quintuple its renewable energy installations by 2050
shifts its power mix from 30% renewables today to 88% by mid-century
in less than a decade has increased its solar power generation from 1 to 5%, but this will increase to 38% of electricity production by 2050.
stands for 33% of global energy-related emissions today. They will reduce annual emissions by 8Gt between now and 2050, which is three times as much as Europe’s emissions reductions.
Explore many more findings about China’s ground-shifting energy transition and its impact on the rest of the world in our report.
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