ENERGY TRANSITION IN CHINA
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The energy transition is a pathway towards a future energy supply and consumption system that is secure, low-carbon, and economically viable. Decarbonization of the energy sector requires urgent actions on a global scale. China and Germany are paving the way towards a global energy transition. Following this long-term strategy, both countries have set ambitious goals. Germany aims to increase the share of renewable energies in gross final energy consumption to 60% by 2050. China’s climate targets foresee a peaking of emissions before 2030, and CO2 neutrality by 2060. China proposed, inter alia, an increase in non-fossil energy sources to at least 25% by 2030.
In China, the Energy Revolution has catapulted the country towards becoming the largest installer of renewable energy capacities by far, and its energy conservation programs target thousands of companies throughout the country. For a long time, Germany has been a pioneer in climate protection and perceived as a global role model for a successful Energiewende. In Germany, the share of renewables in the electricity consumption has grown steadily – rising from around 6% in 2000 to around 46% in 2020. Amongst others, energy audits and energy efficiency networks between companies have become common tools showcasing the German industries’ efforts in pursuing the principle “Efficiency First!”.
With the persistent successful implementation of various Sino-German cooperation projects in the energy sector, we’ve established a central platform for institutionalized energy policy dialogue between China and Germany. By supporting high-level political dialogue, facilitating exchange of best practices and knowledge, and advising regulatory framework establishment, we aim to foster and advance the far-reaching and profound energy transitions in both countries.
