US highlights China coal consumption
Capacity additions continue despite falling demand and accelerating renewables rollout
US climate envoy John Kerry’s reprimand of China earlier this month renewed focus on the nation’s continued investment in coal-fired power. China remains the top consumer of coal, accounting for 82.3EJ of a global total of 141.2EJ, according to BP data. But the country’s energy mix is changing as the government starts to retire some coal-fired generation in addition to building new capacity. “We used to have a saying that China is building a new coal plant every week and, unfortunately, that is still true. But perhaps the greater truth is that China is building one new idle coal plant per week,” says Tim Buckley of research body the Institute for Energy Economics and Financial Analysis, noti
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals