Overview

• China approved 11 new nuclear reactors across five sites, with a total investment of $31 billion.
• The 14 new coal plants approved from January to June 2024 represent an 80% decrease from the previous year.
• China's nuclear expansion aims to support its carbon reduction targets and address energy demand.
• The government is also focusing on retrofitting existing coal plants with low-carbon technologies.
• China leads the world in solar and wind installations but continues to rely on coal for peak energy demands.