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  • 5 weeks ago
Why did China invest so heavily in renewable energy? This analysis reveals the geopolitical motivations behind China's push for energy independence, detailing the 'Made in China 2025' plan and its goal to reduce reliance on foreign oil and gas.

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00:00How did China become the world's first electrostate?
00:03China is the first country in the world to have installed more than a million megawatts of solar power.
00:07That's almost double the combined solar capacity of Europe and the US.
00:11In the year 2000, coal provided about 80% of China's electricity.
00:15By 2025, that had fallen to just 55%.
00:18Over the same period, wind and solar power rose from being practically non-existent
00:23to providing around 20% of the country's electricity needs.
00:26So what's behind this shift?
00:27Beijing believes its reliance on Middle Eastern oil and gas is a dangerous vulnerability.
00:32About 70% of China's oil is imported, much of it passing through the Straits of Hormuz and Malacca.
00:37In 2015, the country's government launched the Made in China 2025 Industrial Plan,
00:42which identified green energy as a core objective, concentrating on three new industries – solar,
00:47batteries and electric vehicles.
00:49China also moved to dominate supply chains for the necessary raw materials,
00:52like cobalt, nickel, graphite and rare earth metals.
00:55Local authorities offered cheap land, subsidised electricity and state-backed credit to green
01:00energy manufacturers.
01:01But that plan has paid off.
01:02China now controls 90% of the world's solar manufacturing,
01:06more than 70% of wind turbines, 80% of battery cells and 70% of electric vehicles.
01:11But there are some downsides to this green revolution.
01:13Now that China has cornered the market, the UK, like much of the West,
01:16has been all but wiped out as a producer of solar panels and batteries.
01:19Europe still has a wind turbine industry, but it relies heavily on crucial Chinese components.
01:23There are also ethical concerns over the production of polysilicon,
01:27a key wall material used in solar panels.
01:2950% of it comes from Xinjiang, where Uyghur Muslims have been subjected to forced labour.
01:33But the direction of travel is unwavering.
01:35The International Energy Agency predicts solar will become the world's biggest single
01:39electricity source by the early 2030s, with wind power second in line,
01:43and China will be at the forefront of that transformation.
01:45The International Energy Agency

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