“十四五”新能源发电超越煤电，“电力大国”迈向“电力强国”

Core Insights - China's power development is entering a new phase, with the completion of the "14th Five-Year Plan" marking significant breakthroughs in building the world's largest power infrastructure system, accounting for one-third of global installed capacity, and surpassing coal power in renewable energy generation capacity [1][2] Group 1: Power Infrastructure and Capacity - As of May 2025, China's installed capacity for wind and solar power has reached 45.7% of total installed capacity, exceeding that of thermal power [4] - In 2011, China became the world's largest power producer, surpassing the United States in both installed capacity and generation [1] - The National Development and Reform Commission reported a cumulative reduction of 11.6% in energy consumption per unit of GDP over four years, equivalent to a decrease of 1.1 billion tons of CO2 emissions [1] Group 2: Renewable Energy Development - China has maintained over 40% of the global share in annual new renewable energy installations for the past decade [3] - The share of non-fossil energy consumption globally increased from 13.6% to 18.5%, with China's contribution at 45.2% [3] - The advancement in wind and solar technologies has positioned China as a global leader, with significant improvements in efficiency and capacity [4] Group 3: Future Energy Transition - The "15th Five-Year Plan" is expected to see a moderate growth in total energy consumption, with a continued rise in clean energy investments and emerging market demands [5] - The transition to a clean energy system will require addressing challenges such as grid stability and the integration of technologies like AI and energy storage [7] - Future assessments of China's status as a power leader will consider not only installed capacity but also electrification rates, technological advancement, supply reliability, and cost efficiency [6]