According to a senior environmental policymaker, China could provide poor countries with avenues to shift from fossil fuels to the clean energy sources. China should not only focus on its energy transition but also collaborate with developing nations to achieve carbon neutrality, according to Li Junfeng, who is the founding director in charge of National Centre for Climate Change Strategy and International Cooperation (NCSC).
Many of the world’s breakthrough energy technologies, such as nuclear and solar power, have been commercialized in China, according to Li, who spoke at an environmental event in Beijing. “As a result, we may set up programs with developed countries to assist nations in the Belt and Road Initiative as well as South-South cooperation program in their energy transformation,” he said.
Li is a senior adviser at the NCSC, which is part of the Ministry of Ecology and Environment. Li was a lead author of China’s UN climate assessment reports and helped develop China’s national climate change action strategy and renewable energy law as a specialist on environmental and energy issues. While China is the world’s leading emitter of greenhouse emissions, it is also a pioneer in the development of renewable energy.
China manufactures about 80% of the world’s solar panels. According to Scientific American, between 2008 to 2013, China’s novice solar-electric panel sector helped down global energy costs by 80%.
During a one-day UN biodiversity summit, China pledges to be carbon neutral by 2060.
As per a Bloomberg New Energy Finance report released earlier this year, China constructed more new wind farm capability in 2020 than the rest of the global combined the year before. According to separate research, China will account for over half of the world’s cumulative onshore wind capacity by the year 2030, up from around 40% this year. “About half of the wind power items sold in industrialized nations are manufactured in China, not by Chinese companies, but by multinational conglomerates’ Chinese factories,” Li said. “They were manufactured in China and then exported.”
China is now the only nation competent in mass-manufacturing third-generation reactors in the nuclear energy sector. A number of these, notably the Hualong One, are already operational in the country. In January, the reactor at Fuqing nuclear power facility in Fujian’s southeast commenced commercial operations. The world’s first 2 high-temperature gas-cooled reactors achieved normal operating parameters earlier this month at the Shidaowan nuclear power station in eastern Shandong province, and are anticipated to link to power grid by the close of the year. “The purpose of energy revolution around the world is to reduce carbon emissions. “It’s not just about lowering coal usage; it’s also about minimizing oil and gas consumption,” Li explained.