The Lijiaxia Hydropower Station in northwest China’s Qinghai Province. Photo: Xinhua The Lijiaxia Hydropower Station in northwest China’s Qinghai Province. Photo: Xinhua
The Lijiaxia Hydropower Station in northwest China’s Qinghai Province. Photo: Xinhua
Money /  Markets & Investing

China’s wind, solar energy sectors need the right incentives and market reforms to meet Xi Jinping’s carbon neutrality goals

  • Capacity will almost triple to more than 1,200GW by 2030 as China increases the share of non-fossil fuels, President Xi Jinping said in a weekend speech
  • A key challenge is to ‘incentivise the entry of flexible generation capacity’, says Lucas Zhang Liutong, director of WaterRock Energy Economics

Topic |   China’s carbon neutral goal
Eric Ng
Eric Ng

Updated: 9:52pm, 15 Dec, 2020

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The Lijiaxia Hydropower Station in northwest China’s Qinghai Province. Photo: Xinhua The Lijiaxia Hydropower Station in northwest China’s Qinghai Province. Photo: Xinhua
The Lijiaxia Hydropower Station in northwest China’s Qinghai Province. Photo: Xinhua
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