China’s electrification endgame [Gas in Transition]

China’s electrification endgame [Gas in Transition]

-
Natural Gas News
China’s electrification endgame [Gas in Transition]

Summary

Electrification will be the endgame of China’s decades-long energy transition, with a major new outlook released at COP28 in Dubai predicting power demand to more than double by 2060 as Beijing electrifies swathes of the Chinese economy. [Gas in Transition, Volume 3, Issue 12] by: Shi Weijun

Electricity will be the mainstay of China’s fully decarbonised energy system four decades from now, as the world’s biggest energy consumer pursues a green and low-carbon path distinct from developed countries on the back of clean energy technological breakthroughs, according to a key outlook released on the sidelines of the just-concluded COP28 climate conference in Dubai. China’s annual electricity consumption will reach 20,200 TWh by 2060, including 14,000 TWh for end-use sectors such as industry, building and transport, 4,500 TWh for green hydrogen production, and 1,100 TWh for power-to-X, according to the 2023 China Energy Transformation Outlook (CETO) released at the China Pavilion of COP28 on December 10. The demand forecast is more than double the 8,637 TWh of electricity that China consumed in 2022, according to the National Energy Administration (NEA). The CETO was developed on the understandin...