2021-10-26 13:00:00
CHINA ZERO EMISSIONS 2060
ENERDATA - 26 Oct 2021 - China has unveiled the details of its plans to reach peak emissions by 2030 and net-zero emissions by 2060, which promises that fossil fuels will account for less than 20% of its energy mix by 2060. The share of non-fossil fuel sources will reach 25% by 2030 and 80% by 2060. In addition, by 2030, the country intends to reduce its carbon intensity (i.e. CO2 emissions per unit of GDP) by 65% compared with 2005 levels and to reach a wind and solar capacity of 1,200 GW.
Coal (including lignite) still dominates the energy mix with 60% in 2020, but its share is decreasing rapidly (-11 points since 2010). It is followed by oil (19.5%), primary electricity (hydro, wind, solar and nuclear) (9%), natural gas (8%), and biomass (4%). The country's carbon intensity decreased by 18% over 2015-2020. As of end-2020, China had nearly 282 GW of installed wind capacity, and over 253 GW of solar capacity.
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Earlier:
2021, October, 25, 12:05:00
CHILE RENEWABLES 80%
Chile has unveiled a new National Energy Policy, a roadmap for the development of the sector, which targets 80% of renewables in power generation by 2030 and 100% by 2050
2021, October, 21, 15:20:00
CHINA PIPELINE GAS IMPORTS UP
China's pipeline gas imports have been setting new records in the past three months, and September was the fourth consecutive month-on-month increase since June, the customs data showed.
2021, October, 19, 12:30:00
CHINA NEED COAL, GAS
Temperatures have dropped sharply in many parts of northeast and northwest China, state media said. In Heilongjiang, all heating systems have been opened, and heating companies in Harbin city began supplying heat 4 days earlier than normal, Yulin in Shaanxi province is 10 days ahead of schedule, and Datong in Shanxi province started 13 days earlier than previous years.
2021, October, 12, 16:45:00
CHINA'S POWER CRISIS
Market participants said that while Chinese demand is lifting coal prices, the downside risk is limited given suppressed demand from India -- the world's third-largest coal consumer.
2021, September, 22, 12:45:00
CHINA'S COAL INVESTMENT DOWN
"China will step up support for other countries in developing green and low-carbon energy and will not build new coal-fired power projects abroad," Xi said.
2021, September, 10, 12:30:00
CHINA'S HYDROPOWER UP
China has unveiled a plan to expand its pumped-storage hydropower capacity to 62 GW in 2025 and 120 GW in 2030.
2021, September, 8, 10:15:00
CHINA'S COAL DOWN
Coal from Australia remains unavailable for China after an unofficial ban in the fourth quarter of 2020, while another major supplier Mongolia is facing issues as renewed concerns over COVID-19 impacts transportation.
