China’s Clean-Tech Surge Drives 40% Low-Carbon Generation, 50% Capacity
Deutsche Bank’s emerging-markets CIO says China strengthens its energy security through clean-tech expansion and strategic oil reserves, positioning it as a global energy winner during war-driven volatility. Low-carbon sources now supply close to 40% of electricity generation and renewables account for almost 50% of installed capacity.
1. Deutsche Bank Highlights China as Energy Winner
Deutsche Bank’s emerging-markets chief investment officer Jacky Tang says China emerges as a relative energy winner as Middle East conflict injects extreme volatility into oil and gas markets, boosting demand for diversified supplies.
2. Rapid Clean-Tech and Renewable Buildout
China has reduced its exposure to energy shocks through rapid clean-tech buildout, with low-carbon sources now supplying close to 40% of electricity generation and renewables making up almost 50% of installed power capacity.
3. Strategic Oil Reserves Buffer Price Spikes
The country’s expansion of strategic oil reserves provides a short-term buffer against price spikes, complementing its long-term focus on electrification and low-carbon energy sources to enhance overall energy security.
4. Impact on Asian Energy Diversification
Major Asian importers such as Japan, Korea and India are expected to increase efforts to diversify their energy mix, which will likely drive global demand for Chinese-built clean-energy equipment and technology.