Coal stays king in China [Gas in Transition]
Coal stays king in China [Gas in Transition]
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Natural Gas News
Coal stays king in China [Gas in Transition]
Summary
Power outages and supply disruptions in the past two years have emboldened coal in China, enabling the industry to tout its strategic importance as the current “default” fuel source to ensure Chinese energy security. [Gas in Transition, Volume 3, Issue 3] by: Shi Weijun
Coal power generation in China looks set to extend last year’s strong momentum into 2023, as the Chinese government prioritises energy security and economic stability in the short term, but gas-fired power generation will benefit from falling international gas prices will help gas-fired power. Chastened by high-profile power blackouts over the past two years, Chinese authorities have focused on shoring up short-term energy supply security at the expense of decarbonisation and the energy transition. China’s energy policy has increasingly shifted towards replacing imported oil and gas with domestic thermal coal, still the dominant fuel source in China and the only fossil fuel to expand its share of the national energy mix last year. Coal accounted for 56.2% of Chinese primary energy consumption in 2022, up from 56.0% in 2021, according to official statistics. The increase came at the expense of the market shares for ...
Related Knowledge Center: Liquefied natural gas
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