Solar energy will exceed coal as the main power supply in 2034

2018-12-03

The rapid electrification of energy demand and the growth of wind energy solar power will dominate China's future power structure. These are some of the findings of the DNV GL 2018 Energy Transformation Outlook report, which presents an outlook for the global energy landscape in 2050.

China's energy structure will change dramatically in the coming decades. Coal-powered power generation will soon be diversified. Currently, 82% of energy demand in Greater China comes from coal and oil, which is by far the largest source. From 2023 onwards, coal use will begin to decline, and by 2050 it will supply only 11% of total energy.

So far, China has already led the growth of world wind energy and solar photovoltaic power generation. By 2050, the sum of these two resources will account for 39% of the energy consumption in China. Renewable energy will increase rapidly. The power generation of onshore wind power has been growing steadily since 2011 and will continue to maintain this state: by 2050, onshore wind power will account for 26% of power generation and offshore wind power will increase by 6%. .

Solar PV will be the biggest winner, and by 2034 it will exceed coal as the main source of electricity. By 2050, it will provide 52% of the electricity demand in Greater China, with a total installed capacity of 7TW.

From the perspective of total energy consumption in Greater China, the region has surpassed North America and is the region with the highest energy consumption. Looking ahead, energy demand in Greater China is expected to peak in 2033 due to a decline in population and per capita energy use and a shift in structure to a service-oriented economy. After 2030, the manufacturing and transportation industries will reduce their energy demand, and the energy demand of buildings will continue to grow steadily.

China is the undisputed leader in the field of energy transformation. China is changing its energy mix to sustain rapid economic growth and protect the local environment and global climate. Electricity is the focus of energy transformation. The aim is to make renewable energy increasingly occupy China's share of power generation, taking advantage of reduced technology costs. DNV GL's Energy Transformation Outlook report shows that China will combine energy, climate and industrial policy objectives. This initiative promotes manufacturing technologies with potential for export (solar, wind, nuclear, electric vehicles, batteries) and has the advantage of a large domestic market.

DAH solar
is honored to contribute to the change of China's energy structure. We always keep our original intention and provide reliable quality solar systems ,no matter on off grid solar system or hybrid solar system and also solar panels to customers all over the world.

Global Technology Leading PV Enterprise DAH Solar Co., Ltd. focuses on the R&D, manufacturing, and sales of high-efficiency power generation PV modules, integrated PV systems, and solar energy storage systems. DAH Solar committees to provide better solar solutions innovatively. With more and more needs for clean energy, DAH Solar continues to bring a more efficient, convenient, and reliable series of PV products to global users. Technological innovation and patented products With our leading technological innovation and excellent product quality, we enable global users more conveniently and stably to obtain efficient clean solar energy. We have 200 patented technologies used in our PV products. Our global patented product Full-Screen PV module achieves front A-side frameless design, which increases power generation by 6%-15% (field test result published by TUV Nord) compared to the regular PV modules. The world's first integrated PV system, SolarUnit, could maximize the installation area of the rooftop. SolarUnit made the integrated design of modules and inverters come true. SolarUnit provides users with a more efficient, convenient, safer, and beautiful residential PV system. SolarUnit promotes PV products in the era of home PV appliances. World Recognized PV Supplier DAH Solar's products have been sold in more than 100 countries and regions around the world. In Latin America, we have become the TOP 3 well-known PV companies in Brazil. In Europe, the demand for our innovative products, Full-Screen PV Modules, is exceeding supplies. Besides, to provide better service to global customers, we have established our warehouses in many countries and regions, like the EU stock in Rotterdam in the Netherlands. In addition, we have established very convenient purchase channels for global consumers. Customers can purchase DAH Solar’s products through distributors or official websites and E-commercial platforms. Social Responsibilities DAH Solar’s Solar Cells, Modules, and Inverters R&D and Production Factories Bases not only attract a large number of local high-end technical talents but also creates more than 2,000 job positions for local residents. Every year, we hold many social activities, such as donations to charities, responses to the Covid-19 pandemic, contributing to community growth, etc. to advocate for social development. Our ultimate goal is to embrace the era of clean energy to protect the environment and the behalf of mankind. Employee Development DAH Solar is committed to creating a better career development platform for our employees. We seek equity for all genders and ages in the workplace. DAH Solar offers our employees a free team-building trip, annually. We believe that refreshing is another path to creation. DAH Solar is also concerned about the health condition of our employees. That's why we provide our employees with free health checks and a full package of healthcare. At DAH Solar, we treat our employees not only as team assets but as our own families.

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