Making a considerable growth in renewable power – China’s cumulative installed capacity, excluding hydropower, has increased from just 9 GW in 2007 to 154.6 GW by 2014. Driven by the government’s ambitious targets for onshore wind and its dramatic push to reduce its reliance on coal-based thermal power – the world could see China surpassing the 600 GW production benchmark by 2025 itself.
GlobalData’s China Power Market Outlook to 2025, Update 2015 – Market Trends, Regulations, and Competitive Landscape report provides details of the country’s power sector, with annualised data for installed capacity, power generation and consumption from 2000 to 2014, and forecasts to 2025.
This report covers:
- Information on China’s grid interconnectivity, transmission and distribution infrastructure and power exports and imports
- Policy and regulatory framework governing the market
- Leading, current and upcoming power projects in China
- Detailed analysis of top market participants, including market share and SWOT analysis
Are you aware, China’s national energy administration is targeting 150 GW of wind capacity by 2017?