Shanghai: Shanghai is advancing toward greener development and high-quality growth, but further efforts are needed in energy supply, institutional arrangements and technological innovation, according to officials and experts.
Their comments followed the release of the city’s action plan for a green and low-carbon transition between 2024 and 2027, which was announced by the municipal government recently.
Under the plan, Shanghai aims to have an installed photovoltaic capacity of 4.5 million kilowatts by the end of 2027 and will promote the construction of its first deep-sea wind power facilities. By 2027, 75 percent of transportation in the city’s central area should be green, with buses and taxis transitioning to new energy vehicles by next year. Additionally, over half of new individual car purchases are expected to be NEVs by 2027.
Energy-saving renovations will cover an additional 20 million square meters of building space by 2027, supplementing the 30 million square meters slated for upgrades by the end of the 14th Five-Year Plan (2021-25).
China Baowu Steel Group Corp’s Shanghai production base aims to reuse more than 15 percent of steel scrap by next year as part of its carbon reduction efforts. Key materials promoting carbon neutrality will also be prioritized in Shanghai’s chemical industrial parks.
To support these goals, the plan emphasizes the development of future-oriented energy systems and frontier technologies for carbon reduction. –The Daily Mail-China Daily news exchange item