Xi Jinping Accelerates New Energy System Amid Global Turmoil

President of China Xi Jinping is pushing for the acceleration of the development of a new energy system to maintain national energy security.

This call comes as the global energy market is in turmoil following the Iran conflict.

Xi also emphasised the development of hydropower, ecological protection, and the safe and orderly expansion of nuclear energy, according to a CCTV report cited by Reuters on Monday (6/4/2026).

“The Party Central Committee has gained a deep understanding of global energy development trends and made major decisions by advancing the new energy security strategy in depth,” he said.

Xi did not mention the conflict directly. This statement comes as the war in the Middle East enters its fifth week and triggers a surge in global energy prices.

Coal accounts for more than 50 percent of the energy mix. Imports through the Strait of Hormuz are only about 5 percent of total energy consumption.

“The path we have taken by being the first to develop wind and solar power has now proven to be farsighted. At the same time, coal-fired power plants remain the foundation of our energy system and must continue to play a supporting role,” said Xi.

China operates more than half of the world’s coal-fired power plant capacity. This position makes it the world’s largest carbon emitter.

“A newer, greener, more diverse, and more resilient energy system will provide strong guarantees for China’s energy security and economic development,” wrote CCTV.

Energy project development continues to progress. China began construction of the world’s largest hydropower dam in the east of the Tibetan Plateau last July.

Other projects have also been initiated. China General Nuclear Power Group is building a thermal solar power plant at an altitude of 4,550 metres in Tibet.