New energy storage, electricity market, renewable energy

"China is playing a pivotal role in the global development of clean energy." According to Pan Huimin, deputy director of the International cooperation Department of the National Energy Administration, the global renewable energy installed capacity of 510 million kilowatts in 2023, of which China's contribution of more than 50%.

In terms of investment, Chinese enterprises have made overseas clean energy investments in major countries and regions, covering wind power, photovoltaic power generation, hydropower and other major fields, which has strongly supported the green and low-carbon energy development of relevant countries.

In terms of industry, China continues to promote technology and product innovation to actively integrate into the global clean energy industry chain. At present, China's wind power and photovoltaic products have been exported to more than 200 countries and regions around the world, with cumulative exports exceeding US $33.4 billion and US $245.3 billion, respectively.

"In the future, while vigorously promoting the development of domestic clean energy, we will continue to strengthen international cooperation in technological innovation, increase support for the transformation of developing countries, maintain an open, safe and stable global industrial chain and supply chain, and make greater contributions to the development of global clean energy and energy transformation." "Pan Huimin said.

It is worth mentioning that this conference also disclosed the completion of investment in key projects in China's energy field. It is understood that in 2023, China's key energy projects under construction and planned to start within the year completed investment of about 2.8 trillion yuan, the year-on-year growth rate is 1.6 percentage points higher than the same period last year.

"In 2023, China's energy investment maintained rapid growth, of which the completed investment of conventional projects and new business projects increased by 16% and 152.8%, respectively; Completed investment in new energy increased by more than 34% year-on-year."