Related Articles
Supply security is a key concern for Beijing
Forward article link
Share PDF with colleagues

China’s carbon trading offers little gas-to-power help

Generation from the cleanest fossil fuel looks set to struggle to expand in China despite the start of carbon trading

China’s much-delayed carbon market went live at the start of February, a decade after the idea was first floated and initially covering only the power sector. The scheme includes some 2,225 coal and gas-fired generation facilities, responsible for more than 40pc of China’s carbon emissions, and is not expected to begin trading until June. The gas industry had hoped the start of carbon trading would boost the competitiveness of gas-to-power by raising the cost of coal generation to more than gas, which is one of the most expensive forms of electricity production in China. [Gas-fired power plants] are largely still relegated to filling peak demand requirements rather than operating b



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
South Africa’s energy sector and the just transition
27 October 2021
Continuous engagement by stakeholders crucial in ensuring energy sector is sustainable while also managing social impacts of shift
Var looks at IPO
27 October 2021
The Norway-focused IOC/private equity company is mulling a flotation
OGA takes aim at Elgin-Franklin laggards
26 October 2021
The UK upstream regulator is unhappy at partners in the field dragging their feet on the sale of ExxonMobil’s stake
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video