Furthermore, it was noted that during this same period, installed capacity for new energy generation surpassed that of coal-powered generation for the first time.
The international environmental protection agency Greenpeace and The Shanghai Institute for International Studies jointly released an analysis on progress made in low-carbon transition within China's power sector during first half of 2024. Their analysis found that during this period, total coal-powered installed capacity was approximately 10.342 million kilowatts - about 79.5% less than that recorded during first half of 2023 - indicating a significant slowdown in coal-power approvals.
Furthermore, it was noted that during this same period, installed capacity for new energy generation surpassed that of coal-powered generation for the first time.
In the first half of 2024, local governments gradually tightened their approval of coal power projects. According to the latest statistics from the Greenpeace Energy Low-carbon Development Project team, a total of 14 new coal power projects were approved in China during this period, with an approved installed capacity of 10.342 million kilowatts. This represents a significant decrease of about 79.5% compared to the same period in the first half of 2023.