China expands green energy targets in industrial sectors

China’s industry recently announced big targets aimed at increasing the consumption of renewable energy across various industries. this moves is part of the country’s broader efforts to transition to sustainable energy future.

The National Development and Reform Commission has issued a new notice requiring manufacturers in the steel, cement, and polysilicon sectors to meet between 25% and 70% of their energy demand with green power for the years 2025 and 2026. This is a significant expansion from the previous year’s targets, which only included the electrolytic aluminum sector.

The renewable power sector in China has witnessed a substantial increase in installations during the first half of this year. This surge is partly driven by concerns over potential future policy changes that could impact profitability. The solar sector, in particular, has been grappling with issues of overcapacity. However, recent speculation about potential government support and other measures has boosted sentiment within the industry.

These facilities will be required to use green power to meet at least 80% of their total energy demand. This move is particularly significant given the high energy consumption associated with data centers.

For the year 2025, these targets range between 10.7% and 30%, and for

2026, they range between 12.4% and 30%, depending on the province’s location. These targets are designed to ensure a balanced and regionally appropriate transition to renewable energy

China’s new targets for green power consumption represent a bold step towards a more sustainable and environmentally friendly energy landscape. By setting ambitious goals for various industries and provinces, the country is demonstrating its commitment to reducing its carbon footprint and promoting the use of renewable energy. The impact on the renewable power sector, particularly the solar industry, is expected to be significant, with increased installations and improved market sentiment.

https://gmk.center/en/news/china-expands-green-energy-targets-in-industrial-sectors

China expands green energy targets in industrial sectors.