Industry Dynamics

On February 9, Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics (NBS), interpreted the January 2025 CPI and PPI data.

NEA data, as of the end of December 2024, the country's cumulative power generation

On January 24, at a press conference held by the China Meteorological Administration (CMA), the 2024 China Wind and Solar Energy Resources Annual Outlook Bulletin (hereinafter referred to as the Bulletin) was officially released.

January 23, the National Energy Board held a press conference to introduce the development of new energy storage, oil and gas exploration and development and green certificate issuance of relevant information, interpretation of the "distributed photovoltaic power generation development and construction management approach" and answer reporters' questions.

Recently, the Inner Mongolia Autonomous Region Government in the work report pointed out that in 2024, Inner Mongolia's new energy installed capacity in the country took the lead in breaking 100 million, reaching 135 million kilowatts, more than thermal power installed capacity, one year ahead of schedule to realize the autonomous region of the 11th Party Congress to determine the goal. Unit GDP energy consumption down 3%, one year ahead of schedule to achieve the "14th Five-Year Plan" control targets. 2024, Inner Mongolia coal production, power generation, power transmission ranked first in the country; green power trading scale ranked first in the country.

By the end of 2024, the total installed capacity of East China Power Grid exceeded 600 million kilowatts, reaching 600.35 million kilowatts, of which the new energy installed capacity has exceeded 21,000 million kilowatts.

It is reported that in 2024, Inner Mongolia new new energy installed capacity of more than 41 million kilowatts, once again refreshing the annual new energy installed capacity record.

On January 3, the State Council Information Office (SINO) held a series of press conferences on "the effectiveness of China's high-quality economic development". At the conference, Zhao Chenxin, deputy director of the National Development and Reform Commission (NDRC), said that the Central Economic Work Conference emphasized the importance of integrating the relationship between cultivating new and renewing old kinetic energy, and developing new productivity according to local conditions. According to this deployment, the development of new-quality productive forces will surely make greater strides on the basis of the achievements and experience gained in 2024. In our work, we will pay attention to several important aspects.

In November 2024, the NEA issued 1.205 billion green certificates. Among them, wind power 650 million, accounting for 53.93%; solar power 205 million, accounting for 17.01%; conventional hydropower 246 million, accounting for 20.45%; biomass power 103 million, accounting for 8.55%; and other renewable energy power generation 820,000, accounting for 0.07%.Basically complete the certification and issuance of green certificates for the built-in Centralized renewable energy power generation projects June 2022 to date electricity green certificate certification full coverage.

On December 20, the National Energy Board released January-November national power industry statistics. Among them, in November China's photovoltaic new installed capacity of 25GW, January-November photovoltaic cumulative new installed capacity of 206.3GW.