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China's Green Energy Success: Market Reforms Drive Record Renewable Consumption
In 2024, over 50% of China's new energy power generation (1.45 billion kW installed capacity, 43% of total) was consumed via market-based transactions, a result of 2015 reforms boosting trading volume to 6.2 trillion kWh (63% of total consumption) and GEC trading to 446 billion kWh (364% year-on-yea...
China's Green Energy Success: Market Reforms Drive Record Renewable Consumption
In 2024, over 50% of China's new energy power generation (1.45 billion kW installed capacity, 43% of total) was consumed via market-based transactions, a result of 2015 reforms boosting trading volume to 6.2 trillion kWh (63% of total consumption) and GEC trading to 446 billion kWh (364% year-on-yea...
Progress
44% Bias Score
Affordable and Clean Energy