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2020-06-22 11:55:00

CHINA'S COAL LIMITATION

CHINA'S COAL LIMITATION

ENERDATA - 19 Jun 2020 - China intends to cap its coal-fired power capacity at 1,100 GW and the number of coal mines at 5,000 (down from 5,268 in late 2019) by the end of 2020. According to the National Development and Reform Commission (NDRC), the country seeks to eliminate outdated power coal-fired power units and small coal mines. Production by large-scale coal mines should reach 96% of the country's total output.

In June 2020, the Chinese government committed to honouring its pledges under the Paris agreement despite the coronavirus epidemic. China's NDC set the objective of achieving a peak CO2 reduction around 2030, or earlier if possible; lowering CO2 per unit of GDP by 60% to 65% from 2005 levels; increasing the share of non-fossil fuels in primary energy consumption to around 20%; and increasing the forest stock volume by around 4.5 bcm above the 2005 level. China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020. The share of renewables (excluding hydro) is expected to reach 10.8%. Ten provinces and regions must produce at least 30% of power from renewable sources, while 9 provinces and regions target more than 15% of power generation from non-hydro sources. Regional power grid operators have been requested to allocate power capacity according to the targets.

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Tags: CHINA, COAL