Impact of China's Excess Clean Energy Production on Global Markets

Friday, 29 March 2024, 12:30

Former People’s Bank of China governor, Zhou Xiaochuan, highlights that the excess clean energy production in China is expected to be temporary despite its current level. The global green transition demand plays a crucial role in absorbing the overcapacity. This insight sheds light on the significance of sustaining strong global demand for clean energy towards achieving balance in the market.
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Impact of China's Excess Clean Energy Production on Global Markets

Former China Central Bank Governor on Clean Energy Production

Former People’s Bank of China governor, Zhou Xiaochuan, cautions that the excess clean energy production in China might only be temporary. The global need for a green transition will determine how quickly this overcapacity is absorbed. As long as the demand for clean energy stays robust worldwide, the excess production concerns may be mitigated.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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