Tim L. Y. Liu

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High-voltage power lines. Electricity distribution station. high voltage electric transmission tower. Distribution electric substation with power lines and transformers

After China’s annual Two Sessions in March, policy directives by departmental ministries and provincial governments on energy transition have come into shape. The first quarter of 2021 saw the country experiencing a steady upsurge in renewable energy capacity with a total installed capacity of renewable energy amounting to 948 million kilowatts from 794 million kilowatts by the end of 2019. As China progresses towards the carbon neutrality goal of peaking carbon emissions before 2030 and reaching carbon neutrality in 2060, the local directives supply more details to the 14th Five Year Plan (the “Plan”).
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Continue Reading PART II. Key Policy Directives for China’s Energy Transition: Implementation of the National 14th Five Year Plan

Solar power plant

On September 22, 2020, Chinese President Xi Jinping announced in his speech to the UN General Assembly that China’s carbon emission would peak before 2030 and the country would become carbon neutral in 2060.

  • As the world’s second largest economy, China produces about 28% of the world’s emissions, with coal remaining its primary

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