2022-03-30 10:20:00
CHINA'S ENERGY GROWTH 2022
ENERDATA - 30 Mar 2022 - The National Energy Administration (NEA) of China has released its annual energy industry guide and anticipates a 4.2% growth in domestic gas production in 2022; this would be nearly half the 8.2% growth in production posted in 2021. In addition, crude oil is also expected to increase. According to the NEA, domestic power generation should rise by 12% in 2022 (after a 10% growth in 2021), with wind and solar accounting for 12.2% of the power mix (up from 11% in 2021). China will pursue its strategy to reduce the share of coal in its energy consumption, aiming to reach 17.3% of non-fossil energies in its total energy consumption in 2022, up from 16% in 2020.
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Earlier:
2022, March, 24, 13:00:00
CHINA'S ENERGY SYSTEM 2025
By 2025, carbon-free energy sources should account for 20% of the energy mix and 39% of the power mix.
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CHINA NUCLEAR POWER +8%
The Chinese state-owned corporation China General Nuclear Power Group (CGN) has released its 2021 results, posting revenues totalling CNY80.7bn (US$12.7bn, +14% compared to 2020). The group, which owns and operates 25 nuclear reactors in China, injected 201.1 TWh of electricity to the power grid in 2021 (+7.9% compared to 2020)
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CHINA'S ENERGY EFFICIENCY UP
NDRC in the Feb. 11 guidance focused on energy saving and decarbonization of energy-intensive industries including steel, ferroalloy and nonferrous metals sector.
2022, February, 9, 12:00:00
CHINA COAL ELECTRICITY +2 GW, $1.1 BLN
The eastern Chinese coastal province of Zhejiang has approved the construction of a new 7 billion yuan ($1.10 billion) coal-fired power plant with 2 gigawatts (GW) of generating capacity
2022, February, 1, 14:30:00
CHINA NON-FOSSIL ELECTRICITY 50%
China, the world's biggest greenhouse gases emitter and coal consumer, is expected to add 180 gigawatts (GW) of new power generation capacity from non-fossil fuel sources during 2022, driving total non-fossil fuel capacity to 1,300 GW, according to a report issued by the China Electricity Council (CEC) late on Thursday.
2022, January, 31, 12:25:00
CHINA POWER TRADING SYSTEM
China aims at establishing a national trading system by 2030, which would include all renewable power producers.
2022, January, 28, 11:35:00
CHINA CLIMATE CONTROL
China currently implements a "dual control mechanism" under which provinces are given targets for total energy consumption and energy intensity, which is the amount of energy consumed for each unit of GDP growth.
