{"id":760181,"date":"2026-06-25T21:46:25","date_gmt":"2026-06-25T21:46:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/760181\/"},"modified":"2026-06-25T21:46:25","modified_gmt":"2026-06-25T21:46:25","slug":"chinas-green-energy-costs-seen-undercutting-traditional-energy-as-capacity-hits-record","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/760181\/","title":{"rendered":"China\u2019s green-energy costs seen undercutting traditional energy as capacity hits record"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China\u2019s green-energy costs are projected to plummet in the coming years, offering a substantial cost advantage over traditional sources, according to an industry insider. The forecast follows China\u2019s world-leading installed power-generation capacity hitting 4.01 billion kilowatts.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The latest capacity metric, released by the National Energy Administration on Thursday, is widely viewed as a key gauge of China\u2019s ability to generate electricity and support economic activity. And the expansion of the nation\u2019s energy infrastructure is now driving expectations for a fundamental shift in the cost of clean power.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Some expect that green energy in China could cost as little as 0.3 yuan (US$0.04) per kilowatt-hour (kWh) within five years, representing a new threshold for the industry. Such forecasts, which would reflect an \u201call-in\u201d comprehensive price for generation, storage and transmission, follow a rapid pivot towards renewables that has cemented China\u2019s position as the world\u2019s leader in installed power capacity.<\/p>\n<p>China\u2019s transition towards green energy emerged as a key theme at the World Economic Forum\u2019s <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3358126\/china-safe-haven-global-economy-says-premier-li-qiang-summer-davos?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">\u201cSummer Davos\u201d<\/a>, which took place in Dalian, Liaoning province, and concluded on Thursday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">During a panel discussion on Thursday, Wu Zuyu, chairman of energy-storage firm Hithium, based in Fujian province\u2019s Xiamen, said that the cost of energy-storage equipment was expected to enter a \u201c0.1-yuan era\u201d \u2013 referring to the cost per kWh \u2013 within five years. He added that if prices for wind and solar power, as well as transmission networks, were to each be 0.1 yuan, the combined comprehensive cost of green energy would enter a \u201c0.3-yuan era\u201d.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cIt will be cheaper than many traditional energy sources while also being cleaner, greener and easier to deploy,\u201d Wu said. He argued that the biggest growth opportunity lay in replacing conventional energy with new forms of green power, as falling costs push the sector into a more market-driven phase of development.<\/p>\n<p>How China\u2019s energy structure cushions the blows of global oil crisis<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s green-energy costs are projected to plummet in the coming years, offering a substantial cost advantage over traditional&hellip;\n","protected":false},"author":2,"featured_media":760182,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,512,363067,227353,164,72715,363068,40649,363065,199125,361786,40650,363066,238526],"class_list":["post-760181","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-china","tag-china-power-equipment-management","tag-dalian","tag-economy","tag-fujian","tag-hithium","tag-liaoning","tag-minmetals-securities","tag-national-energy-administration","tag-summer-davos","tag-world-economic-forum","tag-wu-zuyu","tag-xiamen"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/760181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=760181"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/760181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/760182"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=760181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=760181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=760181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}