Exclusive Interview | China Helps Global Renewable Energy Achieve a Historic Leap Forward - Interview with Director of the International Energy Agency, Birol

2024-01-19

"In 2023, the global installed capacity of renewable energy increased by 50% compared to 2022, which is a huge historic leap," said Fatih Birol, Director of the International Energy Agency, in an interview with Xinhua News Agency on the 17th. He emphasized that it is China that makes it possible to create this world record. The latest Renewable Energy 2023 report released by the International Energy Agency shows that the global installed capacity of renewable energy has reached 510 gigawatts in 2023, and the growth rate of installed capacity is faster than at any time in the past 30 years. Among them, China is the main driving force that contributes the most to this growth. "In the field of clean energy, China is the world champion," praised Birol. According to data, the new installed capacity of wind energy in China in 2023 increased by 66% compared to the previous year, and the new installed capacity of solar photovoltaics in China is equivalent to the global new installed capacity of solar photovoltaics in 2022. It is expected that by 2028, China will account for 60% of the world's new renewable energy generation. "China has made a dual contribution to the world's clean energy transformation." Birol pointed out that China not only develops renewable energy on a large scale domestically, but also reduces the cost of using these green technologies globally through large-scale deployment of clean energy, making renewable energy utilization affordable and accessible, and providing services to the world. When discussing the challenges facing global energy transformation, Birol believes that the division of the world is a huge obstacle in the global clean energy transformation. He believes that fairness, clarity, and transparency in international energy cooperation are crucial. He called on countries around the world to engage in international cooperation in a fair and transparent manner to reduce the cost of clean energy transformation. Birol pointed out that China has played an important role in international energy cooperation. "China is cooperating with many countries around the world, including developed and developing countries, and many countries consider China a good trading partner." Birol said, hoping that China "will continue to provide key technologies for clean energy to other countries. We will see China become a global leader in many aspects, including electric vehicles.". When looking ahead to the global energy market in 2024, Birol believes that without major geopolitical events, the oil and gas markets would not be under pressure from a supply and demand fundamentals perspective. "In terms of oil, we expect strong growth in oil production in the United States, Canada, Brazil, and Guyana, and when we examine global oil demand growth, we will find it significantly weaker than our predictions... This means we will see a comfortable balance in the oil market." Birol also said that a similar situation will occur for natural gas, and a wave of liquefied natural gas from Qatar and the United States will arrive in 2025. From now on, the previous seller's market will shift to a buyer's market. Meanwhile, Birol once again emphasizes the risks that geopolitics may bring. The International Energy Agency's 2023 World Energy Outlook report, released in October last year, stated that some of the direct pressures brought about by the global energy crisis have been alleviated, but the energy market, geopolitics, and global economy remain unstable and further

Edit:YiJing    Responsible editor:LiYi

Source:news.cn

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