2023-01-25 10:30:00
CHINA'S ENERGY WILL UP
ENERDATA- 24 Jan 2023 - The China Electricity Council (CEC), a Chinese government agency, forecasts that China’s power consumption will increase by around 6% in 2023 (after an estimated 3.6% increase in 2022) and that the country will instal around 250 GW of new capacity during the year. The China Electricity Council forecasts that China will install 180 GW of new non-fossil fuel capacity and 70 GW of thermal capacity (coal-fired and gas-fired) in 2023.
The Council expects China’s total installed capacity to surpass 2,800 GW in 2023, of which nearly 1,500 GW (more than 52%) would be from non-fossil fuel energies. Hydro is expected to reach a capacity of 420 GW in 2023, while wind and solar are forecasted to reach 430 GW and 490 GW respectively. Nuclear capacity is expected to surpass 58 GW while biomass capacity will reach 45 GW.
In 2021, China’s electricity consumption rose by 10% to 7,826 TWh. Previously, it had increased by 7%/year over the 2010-2019 period. In 2021, the country’s total installed capacity stood at 2,420 GW, including 45% from non-fossil fuel energies (over 1,100 GW). Hydro reached nearly 391 GW, wind surpassed 328 GW, solar reached close to 307 GW, nuclear surpassed 53 GW and biomass stood at 22 GW.
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Earlier:
2023, January, 23, 12:25:00
CHINA'S ENERGY UP
China’s National Energy administration (NEA) has announced that the country’s installed capacity increased by nearly 8% 2022.
2023, January, 18, 12:00:00
CHINA'S OIL THROUGHPUT DOWN
The lower throughput came as China's GDP expanded 3% in 2022, NBS data showed, lower than the government's annual target of about 5.5%.
2023, January, 16, 12:45:00
CHINA OIL, GAS, COAL IMPORTS DOWN
China's natural gas imports also fell, by 9.9% to 109.25 Mt in 2022 (121.26 Mt in 2021). LNG imports dropped by 19% to 64.13 Mt in 2022 (79.3 Mt in 2021). Similarly, China’s coal imports fell 9.2% to 293.2 Mt in 2022 (335 Mt in 2021).
2023, January, 13, 10:50:00
CHINA OIL DEMAND WILL UP TO 16 MBD
That would take consumption to an all-time high of about 16 million barrels a day, the survey showed.
2023, January, 13, 10:45:00
CHINA LPG IMPORTS WILL UP
China's LPG imports over January-November 2022 rose 7% on the year to 24.2 million mt, led by supply from the US, the UAE, Oman, Qatar and Saudi Arabia, customs data showed.
2022, December, 7, 11:25:00
CHINA'S NUCLEAR SMR
CNNC announced in July 2019 the launch of a project to construct an ACP100 reactor - also referred to as the Linglong One - at Changjiang.
2022, December, 5, 11:40:00
CHINA SOLAR POWER UP BY 29%
Having deployed more than 5.6GW of solar in October, China’s cumulative additions for the first ten months of 2022 were 58.2GW, more than was installed in the whole of 2021.
