2021-11-02 13:40:00
CHINA CLIMATE TARGETS UP
ENERDATA- 29 Oct 2021 - China has updated its Nationally Determined Contribution (NDC). The country aims to have CO2 emissions peak before 2030 and to achieve carbon neutrality before 2060, to lower its CO2 intensity (CO2 emissions per unit of GDP) by over 65% from the 2005 level, to increase the share of non-fossil fuels in primary energy consumption to around 25%, to increase the forest stock volume by 6 bcm from the 2005 level, and to bring its total installed capacity of wind and solar power to over 1,200 GW by 2030.
In 2015, China submitted its intended NDC. The country aimed to achieve the peaking of CO2 emissions around 2030, to lower CO2 emissions per unit of GDP by 60% to 65% from the 2005 level, to increase the share of non-fossil fuels in primary energy consumption to around 20%, to increase the forest stock volume by around 4.5 bcm on the 2005 level, and to take adaptation actions to enhance mechanisms and capacities for effectively defending against climate change risks.
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, including hydro, wind, solar and nuclear (9%), natural gas (8%), and biomass (4%). The country's carbon intensity decreased by 18% over 2015-2020. At the end of 2020, China had nearly 282 GW of installed wind capacity, and over 253 GW of solar capacity.
-----
Earlier:
2021, October, 29, 13:50:00
CHINA CLIMATE TARGETS
China stated that it aims to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.
2021, October, 28, 13:55:00
CHINA GAS DEMAND WILL UP 10%
Chinese energy firms and government researchers expect a significant increase in gas demand for power generation and industrial sectors this winter as a nationwide coal supply crunch and power outtages drive up demand for alternative fuels.
2021, October, 27, 13:00:00
CHINA LNG PRICES UP
"Domestic trucked LNG prices have recently surged to above Yuan 7,000/mt but the terminals continue to limit volumes sold downstream. I think these prices can continue to rise ... Yuan 8,000/mt sounds achievable now,"
2021, October, 26, 13:00:00
CHINA ZERO EMISSIONS 2060
As of end-2020, China had nearly 282 GW of installed wind capacity, and over 253 GW of solar capacity.
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, September, 27, 13:00:00
CHINA GAS SUPPLY UP
China saw robust market demand of natural gas in 2021, and the country's total gas demand is expected to rise 11%-13% on the year to 365-370 Bcm this year
