Thermal power electricity generation increased by more than four percent compared to the previous year. China's wind power generating capacity reached nearly *** gigawatts in 2024. Hydropower generation increased, due to lower than average rainfall around major rivers in the previous year.

As of 2024, approximately 3,349 gigawatts of electricity generation capacity had been installed in China. This was up from some 3,000 gigawatts the previous year and follows a trend of steady growth over the past decade. Thermal power, the majority of which is coal-based, is the energy source with the greatest power generation capacity in the country. China's surging energy demand China is known to be the most populated country in the world. The country's population growth coupled with rapid economic development has created a huge burden on energy requirements in the country. In less than two decades, energy consumption of China tripled, from less than 43 million exajoules to over 170 exajoules in 2023. Renewable capacity additions In order to cope with the growing energy demand, China has been increasing its capacity and overall generation volume of electricity from a diverse range of energy sources. Although most of this growth came from thermal power, which has been the main source of energy in China for a long time, renewables are expected to make up around 50 percent of total installed capacity by the end of 2022. Deployment of wind and solar farms has been particularly strong in the last few years and comes after President Xi announced in 2021 that China would aim to become carbon neutral by 2060.

Electricity generation in China amounted to approximately 9,418 terawatt hours in 2024. This was an increase of nearly 4.6 percent compared to the previous year. Apart from hydropower, all energy sources were more heavily utilized in 2024, with wind and solar power generation growth particularly notable.

Electricity Production in China decreased to 73776 Gigawatt-hour in May from 711110 Gigawatt-hour in April of 2025. This dataset provides - China Electricity Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about China Electricity Production

• Electricity Production in China reached 846,240 GWh in Dec 2024, compared with 749,510 GWh in the previous month.
• Electricity Production data of China is updated monthly averaging at 189,206 GWh from Apr 1986 to Dec 2024.
• The data reached an all-time high of 907,420 GWh in Aug 2024 and a record low of 35,650 GWh in Apr 1986.

China generated approximately *** terawatt hours of electricity using nuclear power in 2024. Although thermal energy sources such as coal remain the largest contributor to China's energy mix, the use of non-fossil sources notably increased in the past few years. Renewable energy in China In the last two decades, China has raised the capacity and hence the generation volume of electricity from all sources in order to meet ever-growing energy demand. Most of this growth came from thermal sources, nevertheless, renewable energy consumption in China has increased more than tenfold since the early 2000s. In 2024, clean electricity sources accounted for a third of power. This may be evidenced by the significant growth rate of renewable capacity. China's role in the global renewable energy industry In 2021, China's government announced that it was striving towards achieving carbon neutrality by 2060. Already, China has become one of the leading players in the renewable energy arena, housing multiple major manufacturers. In fact, China accounts for nearly ** percent of solar PV module production worldwide.

Over the five years to 2024, industry revenue has fluctuated but performed solidly, rising at an annualized 6.4%. Strong growth of renewable energy – like wind power and solar power – has afflicted thermal power generation. In 2021, revenue from the Thermal Power Generation industry in China increased by 14.4% due to the rising thermal power output and the increasing on-grid price of coal-fired electricity. In 2024, industry revenue is estimated at $340.1 billion, up 5.8% from 2023. The industry suffered losses in 2021 and 2022, due to the sharp rise of coal prices. Profit margins have recovered to 1.5% of industry revenue in 2024.Thermal power generation accounted for 65.9% of the country's total electricity generation in 2023, down from 79.2% in 2010 and 73.7% in 2015. The drop-off in thermal power generation is due to higher levels of output from the Hydroelectric Power industry (IBISWorld industry report 4412) and the Wind Power industry (IBISWorld industry report 4419a) as well as the tighter energy-saving and emission-reduction regulations. The industry is expected to generate 6.6 trillion kilowatt-hours in 2024.Over the next five years, the Chinese Government will continue to limit the proportion of thermal power generation, as it is considered highly polluting. The 14th five-year plan for the development of renewable energy industry in China was released in 2021, and will also have an impact on the industry's development over the next five years. The Government is aiming for 33.0% of the nation's total electricity generation volume to come from renewable sources by 2025, up from 28.8% in 2020. As a result, industry revenue growth will be lower than previous years, rising at an annualized 3.8% over the next five years, to $409.2 billion in 2029.

Under the background of global energy transforming from traditional energy to renewable energy, the Government in China has been issuing industry assistance policies to promote fast development of solar power generation. The Solar Power Generation industry in China has grown significantly over the past five years. Industry revenue is expected to increase at an annualized 16.7% over the five years through 2025, to $42.2 billion. This trend includes anticipated revenue growth of 16.8% in 2025. The installed capacity of solar power generation has been increasing rapidly, with share of solar power installed capacity accounting for total power generation installed capacity growing from 9.2% in 2018 to an estimated 29.4% in 2025. In 2025, China's cumulative solar power output is expected to increase to 995.1 billion kilowatt hours, an increase of 17.8% from 2024. The industry profit is anticipated to reach 33.4% in 2025.Rising household demand for electricity in China has led to several power supply shortages over the past few years, stimulating demand for solar power generation. Additionally, a reliance on imported oil and gas resources for power and increasing environmental consciousness have led to a strong government focus on developing renewable energy sources, particularly solar power.In 2025, China's solar power industry will face both opportunities and challenges. On the one hand, under the guidance of the dual carbon goal, the development of China's solar energy industry will receive stable policy support and drive the overall improvement and upgrading of the industrial chain. On the other hand, the large-scale development of new energy needs the support of new power system, and the policy system and terminal application mode need to be innovated.Due to technological advances and the industry expanding in scale, solar power is becoming an essential renewable energy source, along with hydroelectric and wind power. This trend is anticipated to boost industry demand over the next five years. Industry revenue is forecast to grow at an annualized 11.0% over the five years through 2030, to $70.9 billion.

The Alternative Energy industry in China is engaged in power generation via wind, geothermal, solar, tidal and biomass energy, and other new energy sources. Industry revenue is expected to grow steadily at an annualized 16.8% over the five years through 2024, to reach $126.4 billion. This includes expected growth of 11.2% in the current year. The primary industry drivers are increasing domestic demand, increasing environmental consciousness and heavy government assistance.Industry profitability growth benefits from upstream equipment manufacturing technology improvement and growing electricity consumption. Profit is expected to make up 31.2% of total industry revenue in 2024, up from 29.5% in 2019.The Chinese government has made the development of new energy generation methods a priority, in response to climate change and in pursuit of energy savings and emissions reduction. The Kyoto Protocol also stimulates new energy development in China through clean development mechanisms (CDMs). Since its implementation in February 2005, more economically developed countries have been investing in new energy projects in developing countries in exchange for certified emission reductions (CERs). As a major developing country, China has received significant investment for new energy projects, which has benefited the industry.Over the next five years, industry revenue is forecast to increase at an average annualized rate of 8.0%, to total $185.7 billion in 2029. The number and scope of wind, solar, biomass and biogas energy generation projects are all projected to increase over the period. In addition, more economically developed countries will likely increasingly invest in new energy projects in China to purchase CERs, which is expected to boost industry performance.

The China thermal power plant market, currently valued at approximately $XX million (assuming a reasonable market size based on global trends and the provided CAGR), is projected to experience robust growth, exceeding a 3% compound annual growth rate (CAGR) from 2025 to 2033. This expansion is fueled by increasing energy demand driven by rapid industrialization and urbanization within China. The dominance of coal in the fuel mix, while gradually transitioning towards a greater gas and potentially nuclear component, presents both opportunities and challenges. Government initiatives promoting cleaner energy sources are influencing market dynamics, pushing for a shift away from coal-fired plants towards more sustainable alternatives. However, the country's vast existing coal-based infrastructure and the need for reliable baseload power continue to sustain the market for coal-fired thermal power plants in the near term. Major players like Datang International, China Energy Engineering Corporation, and Huaneng Group are strategically positioned to benefit from these trends, although competition is intensifying as companies focus on efficiency improvements and compliance with stricter environmental regulations. The market segmentation by fuel type reflects this shift, with coal maintaining a significant share, but gas and nuclear experiencing notable growth in the forecast period. Regional variations within China are expected, with certain provinces potentially exhibiting faster growth than others due to differing energy consumption patterns and infrastructure development. The market's sustained growth hinges on balancing the need for reliable and affordable energy with the imperative for environmental sustainability. While the transition to cleaner energy sources is inevitable, the considerable existing coal-based capacity and the time required to build and integrate new power generation facilities will ensure the thermal power plant market remains a significant sector in the Chinese energy landscape throughout the forecast period. Further investment in modernization and technological advancements, particularly in emission control technologies for coal plants, will be key to mitigating environmental concerns and promoting responsible growth within the sector. The potential for integration of renewable energy sources within existing thermal power plant infrastructure could also contribute significantly to the sector's transformation and future trajectory. Notable trends are: Coal Segment Expected to Dominate the Market.

China Power EPC Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period.

Key Market Drivers: Demand For Renewable Energy Sources: The transition to cleaner energy sources is anticipated to drive the adoption of EPC services in solar, wind, and hydropower projects. This shift is projected to be fueled by stringent environmental regulations and international commitments to reduce carbon emissions. The high renewable energy capacity, projected to reach 1,020 GW by 2022, along with the world's largest solar power installations totaling 392 GW, and a wind power capacity of 365 GW, serve as a key driver for increasing the targeted share of renewable energy to 35% of the total energy mix by 2030. Investments In Power Infrastructure: Rising global energy consumption is expected to result in significant investments in upgrading and expanding power grids. These investments are estimated to focus on enhancing efficiency, reliability, and accessibility across urban and rural regions. The driver of total power infrastructure investment, totaling USD 380 Billion in 2022, alongside an annual $95 billion spending on grid modernization, underscores the significant financial commitment to upgrading and expanding China's power grid. Urbanization And Industrialization Rates: Rapid urbanization and industrial growth are anticipated to drive demand for robust energy solutions and modernized power systems. China Power EPC services are projected to be critical in meeting the infrastructural needs of expanding cities and industrial zones. Adoption Of Technological Advancements: The integration of smart technologies, such as IoT and AI, in power systems is likely to require specialized EPC expertise. These innovations are expected to optimize operational efficiency and enable predictive maintenance in energy infrastructure. Government Support And Policies: Favorable government policies, subsidies, and incentives for energy projects are estimated to boost the demand for EPC services. Supportive frameworks are anticipated to streamline project approvals and foster private-sector participation in the power sector.

China Electricity Consumption: per Capita: Average data was reported at 6,257.000 kWh in 2022. This records an increase from the previous number of 6,032.000 kWh for 2021. China Electricity Consumption: per Capita: Average data is updated yearly, averaging 1,066.997 kWh from Dec 1978 (Median) to 2022, with 45 observations. The data reached an all-time high of 6,257.000 kWh in 2022 and a record low of 261.265 kWh in 1978. China Electricity Consumption: per Capita: Average data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Utility Sector – Table CN.RCB: Electricity Summary.

Electricity Generation Market Outlook

The global electricity generation market size was valued at approximately USD 2.5 trillion in 2023 and is projected to reach around USD 3.4 trillion by 2032, reflecting a compound annual growth rate (CAGR) of 3.5%. The growth of this market is primarily driven by increasing energy demands due to rapid urbanization and industrialization, coupled with the global shift towards renewable energy sources to combat climate change.

The rise in global population, especially in urban areas, is one of the primary growth factors for the electricity generation market. As cities expand and developing countries experience economic growth, the demand for reliable electricity is increasing exponentially. Moreover, the electrification of various sectors, such as transportation and heating, is further contributing to the surge in energy consumption. Governments around the world are investing in upgrading and expanding their power infrastructure to meet this growing demand, which is significantly boosting the market.

Another significant growth factor is the global push towards sustainable and renewable energy sources. Concerns over climate change and the environmental impact of traditional fossil fuels have led to substantial investments in renewable energy technologies such as wind, solar, and hydroelectric power. Innovations in these technologies have made them more efficient and cost-effective, encouraging both public and private sectors to transition away from coal and other non-renewable sources. This shift not only supports environmental goals but also creates new economic opportunities within the green energy sector.

Technological advancements in electricity generation and distribution systems are also fueling market growth. Smart grid technology, which uses digital communication to detect and react to local changes in electricity usage, is revolutionizing the way electricity is generated and distributed. This technology enhances the efficiency and reliability of power supply, reduces energy losses, and integrates renewable energies more effectively. Additionally, advancements in energy storage solutions, such as batteries, are enabling better management of renewable energy, making it a more viable option for continuous power supply.

Power Generators play a crucial role in the electricity generation market, serving as the backbone of energy production across various sectors. These devices convert mechanical energy into electrical energy, making them essential for both grid-connected and off-grid applications. As the demand for electricity continues to rise globally, power generators are evolving to meet the needs of modern energy systems. Innovations in generator technology are focusing on enhancing efficiency, reducing emissions, and integrating renewable energy sources. This evolution is crucial as it supports the transition towards more sustainable energy solutions, aligning with global environmental goals.

Regionally, the Asia Pacific holds the largest share of the electricity generation market and continues to show significant growth potential. The region's rapid industrialization, coupled with rising urban populations, is creating a substantial demand for electricity. China and India, in particular, are investing heavily in both conventional and renewable energy projects to meet their increasing energy needs and to address environmental concerns. North America and Europe are also notable markets, with strong focuses on renewable energy adoption and technological innovations in power generation and distribution.

Source Analysis

The electricity generation market can be segmented by source into fossil fuels, nuclear, and renewable energy. Each of these sources plays a crucial role in meeting global energy demands, albeit with varying impacts on the environment and different levels of technological advancement and adoption.

Fossil fuels, including coal, natural gas, and oil, remain the dominant source of electricity generation globally. Despite the environmental concerns associated with their use, fossil fuels continue to be favored for their reliability and the existing extensive infrastructure supporting their use. However, the market share of fossil fuels is gradually declining due to stringent environmental regulations and the rising competitiveness of renewable energy sources. Advances in cleaner technologies, such as carbon capture and storage, are being explored t

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The clean energy technologies market share in China is expected to increase by 398.03 gigawatts from 2021 to 2026, at a CAGR of 8.86%.

This clean energy technologies market in China research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers clean energy technologies market in China segmentation by technology (clean coal, hydro power, wind power, solar power, and others) and end-user (industries, buildings, and others). The clean energy technologies market in China report also offers information on several market vendors, including Envision Energy USA Ltd., General Electric Co., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., Mitsubishi Heavy Industries Ltd., Shanghai Electric Group Co. Ltd., Shanghai Taisheng Wind Power Equipment Co. Ltd., Siemens AG, Sinovel Wind Group Co. Ltd., and Xinjiang Goldwind Science and Technology Co. Ltd. among others.

What will the Clean Energy Technologies Market Size in China be During the Forecast Period?

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Clean Energy Technologies Market in China: Key Drivers, Trends, and Challenges

The favorable government regulations is notably driving the clean energy technologies market growth in China, although factors such as competition from other sources of energy may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the clean energy technologies industry in China. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Clean Energy Technologies Market Driver in China

The favorable government regulations is one of the key drivers supporting the clean energy technologies market growth in China. For instance, on January 23, 2018, China’s 13th Five Year Plan (2016-2020) on geothermal energy was released by the NEA, effective as of January 1, 2016. According to the plan, the government will increase the installed capacity of geothermal power generation and also raise the total geothermal heating (cooling) area to 1.6 billion square meters by 2020. Furthermore, carbon emission per unit of gross domestic product is expected to decrease by 60%-65% when compared with 2005 to meet the targets mentioned above. Moreover, by 2050, the country aims to achieve stability in primary energy consumption, more than half of which will be contributed by non-fossil energy. Hence, the adoption of clean energy technologies is expected to grow significantly during the forecast period, boosting the growth of the clean energy technologies market in China

Key Clean Energy Technologies Market Trend in China

The increasing popularity of hybrid power projects is one of the key trends contributing to the clean energy technologies market growth in China. According to the International Atomic Energy Agency, the development of the first solar-coal hybrid power plant in the Inner Mongolia region of China will have a potential net solar power output of 10 MW. This approach might improve the performance of coal-fired power plants. Moreover, appropriate FITs are expected to be provided by the government, considering different financial scenarios, collector area size, solar field cost, and other conditions. Hence, the development of such hybrid power projects is expected to further improve plant efficiencies and reduce the cost of power generation, thus boosting the growth of the clean energy technologies market in China during the forecast period.

Key Clean Energy Technologies Market Challenge in China

Competition from other sources of energy is one of the factors hindering the clean energy technologies market growth in China. The share of natural gas in the primary energy mix in China is expected to grow from under 6% in 2016 to over 12% by 2040. Also, the installed capacity of power generation from oil accounted for 1% of the total installed capacity in 2020. However, drilling and extraction of natural gas from wells and its transportation through pipelines result in the leakage of methane, which is the primary component of natural gas. The heat-trapping capacity of methane is much higher than CO2 for a 20-year period. Also, the fugitive methane emissions can range up to one-tenth of the total life cycle emissions. Hence, coal power generation from conventional non-clean technologies and natural gas accounts for a significant portion of China’s energy mix, thus restricting the growth of the clean energy technologies market in the country

This clean energy technologies market in China analysis report also provides detailed information on other upcoming trends and challenges

Solar power saw the greatest capacity growth rate of any energy source in China in 2023. That year, solar power capacity increased by 55 percent compared to the previous year. This compared to an overall power capacity growth of 14 percent.

China Electricity Production: Solar Photovoltaic data was reported at 427.300 kWh bn in 2022. This records an increase from the previous number of 325.700 kWh bn for 2021. China Electricity Production: Solar Photovoltaic data is updated yearly, averaging 147.350 kWh bn from Dec 2013 (Median) to 2022, with 10 observations. The data reached an all-time high of 427.300 kWh bn in 2022 and a record low of 8.374 kWh bn in 2013. China Electricity Production: Solar Photovoltaic data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBA: Energy Production: Electricity: Solar.

China renewable energy for 2021 was 28.43%, a 0.32% increase from 2020.

<ul style='margin-top:20px;'>

<li>China renewable energy for 2020 was <strong>28.11%</strong>, a <strong>1.22% increase</strong> from 2019.</li>
<li>China renewable energy for 2019 was <strong>26.89%</strong>, a <strong>1.08% increase</strong> from 2018.</li>
<li>China renewable energy for 2018 was <strong>25.81%</strong>, a <strong>0.77% increase</strong> from 2017.</li>
</ul>Renewable electricity is the share of electrity generated by renewable power plants in total electricity generated by all types of plants.

The global renewable electricity generation market is experiencing robust growth, projected to reach a market size of $298.29 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 11.5% from 2025 to 2033. This expansion is driven by several key factors. Increasing concerns about climate change and the urgent need to reduce carbon emissions are propelling governments and businesses to invest heavily in renewable energy sources. Furthermore, technological advancements are making renewable energy technologies more efficient and cost-competitive with fossil fuels, particularly in solar and wind power. Favorable government policies, including subsidies, tax incentives, and renewable portfolio standards (RPS), are further accelerating market growth. The increasing affordability and accessibility of renewable energy technologies are also empowering residential consumers to adopt solar panels and other renewable energy solutions, contributing significantly to the growth of the residential segment. Diversification of the energy mix is also a driving force, as nations strive for energy independence and resilience against volatile fossil fuel prices. Market segmentation reveals strong performance across various renewable energy sources. Solar and wind power are leading the charge, benefiting from technological improvements and economies of scale. Hydropower remains a significant contributor, although its growth is somewhat constrained by geographical limitations and environmental concerns. Biomass energy continues to play a role, particularly in regions with abundant biomass resources. The end-user segments, residential, commercial, and industrial, all demonstrate significant growth potential, with the industrial sector likely to show the most substantial expansion due to the increasing electrification of industrial processes and the rising demand for clean energy in manufacturing. Geographic variations exist, with regions like APAC (particularly China and India) and North America (especially the US and Canada) exhibiting high growth rates due to supportive policies, substantial investments, and a large energy demand. Europe also holds a significant market share due to its strong focus on sustainability and established renewable energy infrastructure. Competitive rivalry among leading companies is intense, marked by strategic partnerships, mergers and acquisitions, and continuous innovation to enhance efficiency and reduce costs. This competitive landscape fosters technological advancements and benefits consumers through price reductions and improved service offerings.

China: Electricity production, billion kilowatthours: The latest value from 2023 is 9232.79 billion kilowatthours, an increase from 8668.55 billion kilowatthours in 2022. In comparison, the world average is 153.41 billion kilowatthours, based on data from 189 countries. Historically, the average for China from 1980 to 2023 is 2941.42 billion kilowatthours. The minimum value, 285.47 billion kilowatthours, was reached in 1980 while the maximum of 9232.79 billion kilowatthours was recorded in 2023.

Solar Electric Power Generation Market Outlook

The global solar electric power generation market size was valued at approximately USD 175 billion in 2023 and is projected to reach USD 485 billion by 2032, growing at an impressive compound annual growth rate (CAGR) of 12.1% during the forecast period. The increasing demand for renewable energy sources, coupled with the growing awareness of environmental sustainability, is a significant growth driver for this market. The transition from fossil fuels to cleaner energy options is being accelerated by government policies, technological advancements, and decreasing costs of solar power systems, making solar energy an economically viable alternative for electricity generation.

The growth of the solar electric power generation market is propelled by several factors, primarily the decreasing cost of solar technology and components. As technological advancements continue to drive down the costs of photovoltaic (PV) systems and concentrated solar power (CSP) systems, solar energy becomes increasingly accessible to a broader range of consumers and businesses. Additionally, economies of scale and competitive manufacturing processes have led to a significant reduction in the per-unit cost of solar panels and related components, making solar power a more attractive option for energy consumers than ever before. This trend is expected to continue as research and development efforts focus on improving efficiency and reducing costs further.

Moreover, government initiatives and policies supporting renewable energy adoption play a crucial role in driving market growth. Many countries worldwide have implemented favorable policies and incentives, such as tax credits, subsidies, and renewable energy targets, to encourage the adoption of solar energy. These policies not only make solar power generation more economically feasible but also create a conducive environment for investment and technological advancement. Furthermore, the rising concerns about climate change and the need to reduce carbon emissions are compelling governments and industries to prioritize renewable energy sources like solar power, which in turn boosts market growth.

The increasing awareness among consumers and businesses about the environmental benefits of solar energy is another vital growth factor. As awareness of the harmful effects of greenhouse gas emissions and dependence on fossil fuels grows, more individuals and organizations are choosing solar energy as a cleaner and more sustainable alternative. The versatility of solar power, which can be deployed in various settings from residential rooftops to large utility-scale plants, adds to its appeal. As more people recognize the long-term benefits of solar energy, including energy independence and lower electricity bills, the demand for solar electric power generation is expected to rise significantly.

Regionally, the Asia Pacific is expected to dominate the solar electric power generation market, driven by rapid industrialization, urbanization, and a strong emphasis on renewable energy adoption. China and India, in particular, are leading the charge with substantial investments in solar infrastructure and capacity expansion. North America and Europe are also key markets, with significant growth driven by favorable regulatory frameworks and increasing investments in solar energy projects. Meanwhile, regions like Latin America and the Middle East & Africa are emerging as high-potential markets due to their abundant solar resources and increasing focus on sustainable energy solutions.

Technology Analysis

The solar electric power generation market is characterized by two primary technologies: photovoltaic (PV) systems and concentrated solar power (CSP) systems. Photovoltaic systems, which convert sunlight directly into electricity using solar panels, are the most widely adopted technology in the market. The dominance of PV systems can be attributed to their modularity, ease of installation, and declining costs over the years. Technological advancements in PV cells have led to significant improvements in efficiency, making them a preferred choice for both residential and commercial applications. The versatility of PV systems allows them to be deployed in various scales, from small residential rooftops to large utility-scale solar farms.

In contrast, concentrated solar power systems utilize mirrors or lenses to concentrate sunlight onto a small area, generating heat that is used to produce electricity through a steam turbine or engine. CSP systems are primarily used for large-scale power generation and are favored