Hoe slaat China energie op

How is energy used in China?

Total energy supply (TES) includes all the energy produced in or imported to a country, minus that which is exported or stored. It represents all the energy required to supply end users in the country.

Will a boom in energy storage solve China's supply-demand mismatch?

A boom in energy storage, mostly through large battery packs for grid-level storage, should also alleviate the supply-demand mismatch on China’s grid over the long term. Goldman Sachs analysts have forecast a 70-fold increase in battery storage in 2030 from 2021 levels.

How much will China spend on electricity by 2030?

China’s forecast capital expenditure is set to rise from about $102bn this year to $157bn by 2030, according to data from research group Rystad Energy. Despite China’s huge spending programme, there are signs of increasing pressure on the distribution and transmission of electricity.

What challenges will China's grid face?

Ken Liu, head of China renewables, utilities and energy research at UBS, said a critical challenge was the improvement of the dispatch system, or software that controls electricity flows to residential, commercial and industrial users. Liu expects as much as 15 per cent of China’s total grid capital spending to be allocated to this software.

Why is China's power grid creaking?

China ’s creaking grid represents a major constraint to progress on its green energy transition. During the first four months of this year alone, China invested Rmb122.9bn ($17bn) in its power grid projects, a 24.9 per cent year-on-year increase.

Is Yunnan facing a power shortage?

Check your internet connection or browser settings. Yunnan, the debt-ridden south-western province, is facing a potential shortfall of about 10 per cent in power supply this year despite doubling the installed capacity of renewable energy last year, according to local media reports.