Greg Watson’s Post

Let’s explore how China’s clean-tech surplus has significant implications. 🏯 Positive Impact on Energy Transition: -China’s abundant production of affordable solar panels, wind turbines, hydrogen electrolysers, and batteries contributes to the global shift toward clean energy. As prices fall due to oversupply, more countries can adopt renewable technologies, reducing reliance on fossil fuels. -The availability of cost-effective clean tech accelerates the transition to net-zero emissions by making renewable energy accessible to a wider audience. 🏯 Challenges for Western Nations: -Western governments aiming to boost their own clean tech manufacturing face a dilemma. China’s surplus makes it harder for them to justify duplicating supply chains. -While the West seeks to reduce dependence on China, the market is already flooded with Chinese equipment. This tension complicates efforts to establish domestic clean tech industries. 🏯 Energy Security Considerations: -The recent conflict in Ukraine highlights the risks of relying on potentially hostile states for energy supplies. Western nations are keen to enhance energy security by producing their own clean energy components. -However, China’s dominance in clean tech manufacturing challenges this goal. 🏯 Balancing Economic and Environmental Priorities: -The surplus of affordable clean tech products benefits the environment but poses economic challenges for Western manufacturers. -Policymakers must strike a balance between promoting domestic industries and leveraging China’s cost-effective technologies. In summary, China’s clean-tech surplus impacts global emissions by driving the energy transition while posing challenges for Western nations seeking to establish their own clean tech sectors. #innovation #technology #sustainability #alternativeenergy #energy

It all started with a crystal! Once a leader in solar tech, the U.S. has been overtaken by China's rapid rise in renewable energy. Explore how strategic policies and investments reshaped the global solar landscape. Visit Here- https://lnkd.in/gyvZNhWF #tradeflockus #renewableenergy #solarpower #cleanenergy #greentech #usvschina #solarenergy #technology #unitedstatesofamerica #climatechange #greeninnovation #energytransition #sustainability #solartechnology #futureenergy #globalenergy #solarpanels #ecoenergy #energyrevolution #solarindustry #solarinvestments #cleantech #renewablefuture #solarleader #energypolicy #greeneconomy #renewableresources #solargrowth #energyinnovation #cleanpower

❓ Yes, but what about China? 📈 That is what many people ask when urged to take part in the clean energy transition. Will it make any difference what we do in the West, given the girth of the Chinese economy? ❗Well, here is good news for those who look at China first: it is leading the transition! The clean energy transition is first and foremost an electrification transition. ⚡ Which is a good thing, given how efficient electricity is compared to burning fossil fuels 🏭 🔜 So no excuses anymore not to join the energy transition! #energytransition #electrification #renewables #cleanenergy #fossilfuels #China Source: Rocky Mountain Field Institute (RMFI) Cleantech Report 2024

Knowledge Monday: China’s Solar Industry Dominance 🌞🇨🇳 Happy #KnowledgeMonday! Today, we spotlight China’s leading role in the global solar industry. 🌏 Top Global Installer: In 2023, China installed 260 GW of PV panels, contributing significantly to global installations of 407-446 GW【 (IEA) (Energy.gov) 🔗 Supply Chain Leader: China dominates 80-95% of the global supply chain for key solar components like polysilicon and wafers【 (IEA) 📈 Policy-Driven Growth: Supportive policies and economic incentives have enabled China to lead in both innovation and cost reduction. China’s leadership is crucial for making solar energy more accessible and affordable worldwide, aiding in the fight against climate change. For more insights, check out IRENA and IEA【 (IRENA) (IEA) (Energy.gov) (IEA) #SolarEnergy #RenewableEnergy #CleanTech #Sustainability #oikosSolar

CLEANTECH COMPETITION BETWEEN CHINA, EUROPE, AND THE UNITED STATES “X-Change: The Race to the Top” is the fourth report of an RMI series that reviews the cleantech competition between China, Europe, and the US to make and deploy the energy technologies of the future. ➡ China is in the lead in many of the key cleantech races. However, as the report details, the game is still in its early stages and Europe and the United States have a lot to play for. ➡ China dominates clean energy supply chains, having outspent the United States and Europe 10-fold in the past five years to achieve market share in manufacturing of over 90 percent in solar and 70 percent in batteries. But United States and European capital expenditures are set to increase 16-fold by 2025. ➡ Solar and wind deployment is a close contest with all three regions accelerating up S-curves. Europe has the largest share of electricity from solar and wind. ➡ China is leading in the EV race, with Europe not far behind. Over one-third of Chinese cars sales are already electric, and this is likely to rise to 90 percent by the end of the decade. ➡ China has leapfrogged in electrification to become the first major electrostate. Over the past decade, China has increased the electricity share of final energy by 1 percentage point every year to a level of 27 percent in 2022, more than 5 percentage points higher than the United States and Europe, which have remained static. The main driver has been the electrification of Chinese industry, which has already driven a 2014 global peak in industrial demand for fossil fuel energy. https://lnkd.in/d9UMMfj9 #cleantech #energy #solar #renewable #electrification #EV #sustainable #industry

Today I attended a webinar about the energy transition in China, and why it affects us all.👇 China is one of the largest players in the world's economy and, of course, its role in the energy transition is no less important. So... What was discussed here and what were the main takeaways?? 👉It is impossible to understand the global energy transition without understanding China 👉Energy independence is a key motivation For China's state-led energy transition 👉Energy use will peak by 2030 and reduce by 20% by 2050, driven by electrification and energy-efficiency improvements 👉China's renewable energy installations will increase five-fold by 2050. 👉Emissions are projected to peak by 2026 with a 30% reduction by 2040 from this peak. Overall, China's goal is to decarbonize its economy by 2060 and transition to a green economy. (It has been doing so from 1990 with its 5 year planning policy system) Last year it grew its solar energy installation facilities more than the US and the EU combined. Still, fossil fuels will play a key role in the forthcoming years, but China is taking action to reduce its dependence in them (also to avoid the German situation with the Russian gas). After listening to all the experts giving their insights, I feel optimistic about the future of the energy transition, and I think China is taking the right steps, but as always, the same question arise... Will this be sustainable in the long term? Nobody knows what will happen in the next 40 years.🤷♂️ Let me know in the comments if you are interested in learning more about the research made by DNV and I can send you the link to download their full report!! #China #EnergyTransition #International

#China_Hydrogen_News 【China Hydrogen News】China Launches Five-Year Action Plan to Accelerate Hydrogen Infrastructure Development On July 31, China's State Council issued the "Five-Year Action Plan for the In-depth Implementation of a People-Oriented New Urbanization Strategy," which proposes to focus on constructing green and smart cities in the next five years. This includes accelerating the construction of charging facilities and building fast-charging, battery swapping, and hydrogen refueling infrastructure in public parking lots and qualified refueling (gas) stations to support comprehensive pilot programs for electrification vehicles in the public sector. The release of this action plan marks an important step for China in the field of hydrogen energy, injecting new impetus for green development into the new urbanization and providing solid infrastructure support for the rapid development of the hydrogen energy industry. It will further promote the extensive application of hydrogen energy technology in transportation, industry, and other fields, promote the transformation of the energy structure, and profoundly impact the sustainable development of China and the world.

Key contributor to the global energy transition China published a white paper titled "China's Energy Transition" last week outlining the historic achievements it has made in its energy transition over the past decade and sharing its practices with the world. Home to 1.4 billion people, how China produces and consumes energy greatly affects not only its own people but the future of people around the world. China will continue to advance its energy transition and share its knowledge and experience with other nations for the development of global sustainable energy and the building of a community with a shared future for humanity. For the future of the planet and all who live on it, countries should abandon all forms of unilateralism and trade protectionism, and work together to maintain the stability and smooth flows of the global energy industry and supply chains. #globalenergy #globalenergytransition #energy #energytransition #world #energyandpower #business Source: https://lnkd.in/eXBaETf5

"Gobi's Green Revolution: How China's Renewable Resources Could Dominate the Global AI Race" Renewable energy sources from the Gobi Desert could be a strategic asset for China in the ongoing AI race against the United States. The article highlights how solar and wind farms in the Gobi Desert have the potential to tip the scales in favor of China. Currently, China's capacity to generate electricity from renewable sources in the Gobi and other western deserts is approximately half of the total production capacity in the United States, according to the South China Morning Post. This capacity is crucial in meeting domestic demands using a combination of solar photovoltaics and wind turbines and could theoretically advance China's position in the battle of artificial intelligence (AI) with the United States. The current installed capacity for electricity production in northwestern China is nearly 500 gigawatts (GW), with a significant contribution from the Gobi Desert area in Inner Mongolia, bringing the total to 600 GW. To put this into perspective, the cumulative renewable energy capacity in the United States, excluding hydroelectric power, is estimated to peak at 305 GW in 2022, with about 1,177 GW of electricity produced in 2021. More than half of the power facilities in northwestern China utilize renewable sources such as wind and solar energy, despite the unpredictable and intermittent nature of these sources. These green power plants have an average utilization efficiency of over 95 percent, which is nearly double that of similar facilities in the U.S. This development emphasizes the strategic importance of the northwestern provinces of China, including Xinjiang. Spanning over 1.16 million square miles (3 million square kilometers), this region is larger than India and is characterized by harsh deserts like the Gobi and Taklimakan. Historically considered one of the least developed and poorest areas in China due to its distance from the ocean and harsh terrain, the region has abundant natural resources, including oil, coal, solar, and wind energy. The vision of utilizing the vast wind and solar resources of the Gobi Desert to meet China's energy demands was first proposed by Qian Xuesen, a renowned rocket scientist who played a significant role in the establishment of NASA's Jet Propulsion Laboratory, in the 1980s. #GobiDesertRenewables #ChinaAIrace #RenewableEnergyStrategy #GobiDesertSolar #ChinaElectricityCapacity

Could #China's dominance in #renewable energy redefine the West's aspirations for a clean #energy future? 📊 Our latest discussion delves into the intricate dynamics of China's accelerated renewable energy advancements and its profound implications on Western energy strategies. This analysis not only highlights the current state of global energy leadership but also prompts a critical evaluation of how Western nations can adapt to maintain competitiveness and sustainability in the green energy race. 🌐 Engage with our comprehensive review and contribute to the strategic dialogue at the #GreenTransition Forum. This is your opportunity to connect with thought leaders such as Kristian Ruby, Dirk Buschle, Ivan Velev, Giles Dickson, Kristina Sermuksnyte-Alesiuniene, Pavel Lisev, Melodena Stephens, Andres Leon-Geyer, Christian Pilgaard Zinglersen, Monika Manolova, PhD, Georgi Stefanov and shape the conversation on crafting a resilient and equitable energy future. 🔗 Explore the full analysis and secure your participation in the forum here: https://lnkd.in/dg5sWmYe This initiative is brought to you in collaboration with the Global Energy Institute, featuring insights from the World Renewable Energy Network. #RenewableEnergy #GlobalEnergySecurity #EnergyPolicy #SustainableFuture #Dirbg #3enews