Review of power sector development in the first half of 2023

In the first half of 2023, due to the impact of high temperatures and other factors, the challenge of ensuring power supply has been increasing, and coal power has continued to play an essential supporting role. At the same time, China continued to accelerate the green energy transition, renewable energy maintained a sound development momentum, the proportion of installed renewable power generation capacity has historically exceeded that of coal power, and the construction of new-type energy storage facilities has been accelerating. Wind and solar PV power generation have increased rapidly, and the renewable power curtailment rate has remained within a reasonable range.