The National Development and Reform Commission recently released the draft national economic and social development plan for 2024, which clearly states that China will actively and steadily promote the goal of carbon peak and carbon neutrality. In order to achieve this goal, China will further improve the carbon pricing mechanism and make the carbon emission trading market more mature and stable. This will not only help reduce carbon emissions through market mechanisms, but also stimulate the enthusiasm of enterprises to carry out green technology innovation and industrial upgrading.
At the same time, the draft also emphasizes that it is necessary to accelerate the construction of large-scale wind power and photovoltaic bases. As representatives of clean energy, the large-scale development of wind power and photovoltaic power is of great significance to the optimization of China's energy structure and the reduction of carbon emissions. In addition, the integrated development and construction of water, wind and solar energy in major river basins will also be vigorously promoted, which will help realize the complementary use of renewable energy and improve energy efficiency.
In order to strengthen energy transmission capacity, the draft also proposes to promote the implementation of ultra-high voltage transmission projects such as Mengxi-Beijing-Tianjin-Hebei and Datong-Tianjin South. The completion of these projects will greatly improve the transmission capacity of China's power grid and provide strong support for the large-scale utilization of renewable energy.
In addition, China will also start the construction of a number of coastal nuclear power units with mature conditions. As an efficient and clean energy source, nuclear power plays a key role in the optimization of China's energy structure and the reduction of carbon emissions. Through the construction of more nuclear power units, China will further increase the proportion of clean energy and lay a solid foundation for achieving the goal of carbon neutrality.