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China commissioned more coal-fired capacity lain 2020 than the rest of the world retired

Coal remains at the heart of China’s flourishing economy. In 2019, 58% of the total energy consumption came from coal, which helps explain why China accounts for 28% of all global CO2 emissions

China commissioned more coal-fired capacity lain 2020 than the rest of the world retired

San Francisco, April 9 - Neftegaz.RU. China continues to build coal-fired power plants at a rate that outpaces the rest of the world combined.
In 2020, China brought 38.4 GW of new coal-fired power into operation, more than 3 times what was brought on line everywhere else, according to a new report led by Global Energy Monitor.

A total of 247 GW of coal power is now in planning or development, nearly 6 times Germany’s entire coal-fired capacity.
China has also proposed additional new coal plants that, if built, would generate 73.5 GW of power, more than 5 times the 13.9 GW proposed in the rest of the world combined.

Last year, Chinese provinces granted construction approval to 47 GW of coal power projects, more than 3 times the capacity permitted in 2019.

China has pledged that its emissions will peak around 2030, but that high-water mark would still mean that the country is generating huge quantities CO2 - 12.9 billion to 14.7 billion tons of carbon dioxide annually for the next decade, or as much as 15% per year above 2015 levels.

Lauri Myllyvirta, lead analyst at the Centre for Research on Energy and Clean Air, said:
  • Dozens of new coal power projects, equal to the total coal power capacity of Germany and Poland combined, were announced last year in China
  • Cancelling them would put the country on track to the low-carbon development the leadership says it wants to pursue
  • If China keeps doing what it is doing, there is just no way for the rest of the world to make up for that
In recent months, China’s leadership has signaled a move toward deeper decarbonization by reiterating its Paris Agreement pledge of a 2030 emissions peak and by vowing to reach carbon neutrality by 2060, the latter goal outlined by leader Xi Jinping last September to much global fanfare.

Author: Denis Savosin

Source : Neftegaz.RU


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