According to the latest statistics, the proportion of China's installed power capacity will change significantly by the end of 2023. Among the various energy types, thermal power, hydropower, photovoltaics, nuclear power, biomass power generation and hydrogen power generation will all play an important role in China's energy mix. The following is a detailed analysis of the installed capacity of these energy types at the end of 2023.
First of all, thermal power is one of the most important forms of electricity generation in China. However, due to environmental pressures, the proportion of installed thermal power is expected to decline by the end of 2023. Despite this, thermal power remains an important part of China's energy system. Many regions still rely on thermal power to meet their electricity needs and have taken appropriate environmental protection measures to reduce their environmental impact.
Second, hydropower, as a renewable energy source, has great potential in China. China has abundant water resources, and the installed capacity of hydropower will increase significantly. By the end of 2023, the proportion of installed hydropower capacity is expected to increase significantly. China has undertaken large-scale hydropower projects, including the Three Gorges Project. The completion of these projects will further boost the share of hydropower in China's energy mix.
As a form of clean energy, photovoltaic power generation has been widely promoted in China in recent years. By the end of 2023, it is expected that the proportion of PV installed capacity will continue to increase. China has become the world's largest PV market, with a large number of PV power plants already under construction and in operation. **Policy support, technological progress and cost reduction will promote the rapid development of photovoltaic power generation.
The status of nuclear power in China will also gradually increase. China is currently one of the world's largest nuclear power construction countries and has launched a number of nuclear power projects. By the end of 2023, the share of nuclear power installed capacity is expected to increase. As a clean and basic energy source, nuclear energy will play an important role in China's energy mix and help reduce dependence on traditional energy sources.
As an important part of renewable energy, biomass power generation will also occupy a certain proportion by the end of 2023. Biogas, which is produced through the fermentation of biowaste, can be used to generate electricity. China already makes extensive use of biomass power generation technologies, including biomass and biogas. In the future, it is expected that the proportion of installed capacity of biomass power generation will increase to achieve sustainable use of energy.
Finally, hydrogen power generation, as an emerging form of clean energy, will also play an important role in China's energy mix by the end of 2023. At present, China is actively promoting the development and application of hydrogen energy technology, including hydrogen power generation technology. By the end of 2023, the proportion of installed hydrogen power generation is expected to increase to meet the challenges of climate change and energy transition.
To sum up, by the end of 2023, the proportion of China's installed power capacity will change significantly. The proportion of thermal power will decline, while the proportion of hydropower, photovoltaic, nuclear power, biomass and hydrogen power generation will increase. This trend reflects China's efforts in energy transition and environmental protection, and provides strong support for China's sustainable development. China Power Generation