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China expects to raise the share of non-fossil fuels in its total energy mix to 18.3% in 2023, up from 17.5% in 2022, as part of its energy transition push, the country's energy regulator said late-April 12.
Specifically, the proportion of non-fossil based power generation capacity is expected to increase to about 51.9% of the total, the National Energy Administration said in a guidance.
In order to ensure the security of energy supply, China will continue to enhance oil and gas exploration and development efforts in 2023, which includes increasing crude oil production from the flagship Mahu, Fuman, Bayan and Bohai projects.