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China's Double Role in the Energy Transition
China's paradoxical role in the global energy transition: major CO2 emitter but dominant player in renewable energy technologies and supply chains.
French
France
TechnologyClimate ChangeChinaEnergy SecurityInvestmentEnergyClimate
Agence Française De Développement (Afd)Ofi Invest Actions ClimatOfi Invest Asset ManagementInstitut MontaigneClimate Energy Finance
Xi JinpingAlisée PornetArnaud BauduinBenjamin LouvetStéphanie MonjonJoseph Dellatte
- How does China dominate the global renewable energy sector?
- China dominates the global market for solar and wind energy technologies, producing the majority of solar panels and wind turbines worldwide. This dominance extends to the crucial raw materials needed for these technologies.
- What is China's current role in global CO2 emissions and its apparent shift?
- China is the world's largest emitter of CO2, but recent signals suggest it may have reached its peak emissions. This is coupled with China's leading role in renewable energy investments and technological advancements.
- How does China's dominance impact European efforts toward energy independence?
- The European Union's efforts to achieve energy independence are challenged by China's dominance in electric vehicle manufacturing and the supply chains supporting this sector. A significant portion of European electric vehicles have Chinese components.
- What is China's approach to nuclear power and its role in the energy transition?
- China is also rapidly expanding its nuclear power capacity, adding new reactors at a faster pace than most other nations. This complements its efforts in renewable energy and helps to address the intermittency of renewables.
- What is China's role in the supply of raw materials for renewable energy technologies?
- China's significant investments in mining and related industries ensure its leading position in supplying vital raw materials for renewable energy technologies. This gives China leverage in global negotiations and trade.