(1) The demand for electricity in the whole society has grown steadily
In recent years, with the steady development of the overall national economy, the demand for electricity in the whole society in China has shown a steady growth trend. According to the relevant statistics of the National Energy Administration, the electricity consumption of the whole society in China will reach 8 in 202264 trillion kWh, up 36%。
With the gradual improvement of the level of electrification of terminal energy consumption, related industries such as industry and transportation have gradually carried out energy structure transformation, with electricity as the main energy source, increasing the proportion of electrification, and electricity consumption has continued to rise. In the future, with the continuous transformation of the energy structure in industry, manufacturing and other industries, as well as the continuous expansion of demand in the related fields of new infrastructure industries such as communications and computers, the overall electricity demand of China's economic production is expected to further increase.
(2) The power generation capacity and installed capacity of renewable energy continue to increase
In the context of strong policy support, China's renewable energy generation capacity and installed capacity of wind power, solar power and other renewable energy have continued to increase in recent years.
In 2022, China's renewable energy generation reached 27 trillion kilowatt hours, accounting for 31 percent of the total electricity consumption of the whole society6%, an increase of 17%, and the role of renewables in securing energy is becoming more and more obvious. In 2022, China's wind power and photovoltaic power generation will reach 119 trillion kWh, an increase of 021 trillion kWh, an increase of 21% year-on-year, close to the national electricity consumption of urban and rural residents.
In 2022, China's new renewable energy capacity will be 15.2 billion kilowatts, accounting for 76 percent of the country's new installed power generation capacity2%, has become the main body of China's new installed power capacity. Among them, 37.63 million kilowatts of wind power and 87.41 million kilowatts of solar power were added, bringing the total new installed capacity to 12.5 billion kilowatts, exceeding 100 million kilowatts for three consecutive years. By the end of 2022, China's installed renewable energy capacity reached 121.3 billion kilowatts, accounting for 47 percent of the country's power generation units3%, an increase of 25%。Among them, the installed capacity of wind power and solar power generation reached 36.5 billion kilowatts, 39.3 billion kilowatts.
China's renewable energy power generation capacity and installed capacity continue to increase, and the renewable energy power generation industry has entered a period of rapid development.