China outlines 15‑Year Plan for new energy system, aims 20 trillion yuan investment

China’s National Development and Reform Commission and the National Energy Administration released the “New Energy System Construction ‘15‑th Five‑Year’ Plan.” The blueprint sets a total investment target of more than 20 trillion yuan over the 2021‑2025 period. It aims to raise the share of renewable installed capacity to over 50%, make non‑fossil electricity generation the dominant source, and increase overall energy production capacity to about 5.8 billion tonnes of standard coal.

Key measures include expanding high‑voltage direct‑current transmission corridors, building large‑scale green hydrogen, ammonia and alcohol production bases, advancing energy‑storage technologies, and integrating artificial‑intelligence‑driven “computing‑power‑electricity” coordination. The plan emphasizes enhancing energy security, diversifying import sources, and developing a resilient, green, low‑carbon, integrated, and intelligent energy infrastructure.

The government also plans to modernise the power grid, promote virtual power plants, and support flexible demand response, with grid fixed‑asset investment projected to exceed 5 trillion yuan. By aligning energy‑resource allocation with computing‑facility development, the strategy seeks to boost both national energy stability and industrial competitiveness.