The Fort Worth Press - China ramps up coal plant approvals despite emissions pledge: report

USD -
AED 3.67305
AFN 63.500068
ALL 79.869835
AMD 363.460172
ANG 1.790365
AOA 917.000203
ARS 1514.226905
AUD 1.406084
AWG 1.80125
AZN 1.698292
BAM 1.706252
BBD 2.014735
BDT 122.843521
BGN 1.683441
BHD 0.376975
BIF 3000
BMD 1
BND 1.274916
BOB 11.003708
BRL 5.1092
BSD 1.000301
BTN 95.56554
BWP 13.547596
BYN 3.03039
BYR 19600
BZD 2.011865
CAD 1.40745
CDF 2311.000191
CHF 0.820965
CLF 0.023993
CLP 947.430113
CNY 6.699799
CNH 6.69874
COP 3209.17
CRC 446.324973
CUC 1
CUP 26.5
CVE 96.197131
CZK 21.2815
DJF 177.719993
DKK 6.534525
DOP 59.250224
DZD 133.913705
EGP 51.547653
ERN 15
ETB 161.774656
EUR 0.87414
FJD 2.238205
FKP 0.747949
GBP 0.749995
GEL 2.595024
GGP 0.747949
GHS 11.570347
GIP 0.747949
GMD 73.497903
GNF 8757.500575
GTQ 7.633554
GYD 209.220461
HKD 7.843945
HNL 26.851323
HRK 6.587804
HTG 130.739368
HUF 316.359501
IDR 17826
ILS 3.014602
IMP 0.747949
INR 95.55785
IQD 1310.441394
IRR 1374849.999988
ISK 120.979944
JEP 0.747949
JMD 157.757218
JOD 0.70898
JPY 157.369501
KES 129.450262
KGS 87.450258
KHR 4052.000124
KMF 430.000514
KPW 900.000318
KRW 1357.790866
KWD 0.308601
KYD 0.833584
KZT 447.358319
LAK 22408.7241
LBP 89579.323882
LKR 329.228662
LRD 173.059223
LSL 16.226232
LTL 2.95274
LVL 0.60489
LYD 6.376417
MAD 9.55311
MDL 17.590327
MGA 4381.243184
MKD 53.670431
MMK 2099.019807
MNT 3596.806502
MOP 8.081186
MRU 40.053042
MUR 47.659781
MVR 15.459923
MWK 1734.612868
MXN 17.3004
MYR 4.075198
MZN 63.898252
NAD 16.225949
NGN 1323.820074
NIO 36.815543
NOK 9.446275
NPR 152.891351
NZD 1.74708
OMR 0.384488
PAB 1.000305
PEN 3.379266
PGK 4.456251
PHP 62.566032
PKR 277.214494
PLN 3.80185
PYG 5952.427688
QAR 3.636364
RON 4.612503
RSD 102.621036
RUB 84.248932
RWF 1476.460299
SAR 3.755168
SBD 8.026013
SCR 13.776759
SDG 601.502952
SEK 9.84912
SGD 1.27545
SHP 0.74758
SLE 24.64972
SLL 20969.491881
SOS 571.640424
SRD 37.739709
STD 20697.981008
STN 21.373953
SVC 8.752852
SYP 13002.000254
SZL 16.221592
THB 33.140026
TJS 9.227964
TMT 3.5
TND 2.947861
TOP 2.40776
TRY 48.819499
TTD 6.797006
TWD 31.686599
TZS 2645.003045
UAH 44.815682
UGX 3901.400648
UYU 40.165583
UZS 11818.48716
VES 851.341299
VND 26015
VUV 118.301728
WST 2.751033
XAF 573.398087
XAG 0.014921
XAU 0.000229
XCD 2.702551
XCG 1.802851
XDR 0.707052
XOF 573.398087
XPF 104.043167
YER 236.550186
ZAR 16.196498
ZMK 9001.201861
ZMW 19.481788
ZWL 321.999592
SSP 5712.529845
MXV 1.960886
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

China ramps up coal plant approvals despite emissions pledge: report
China ramps up coal plant approvals despite emissions pledge: report / Photo: © AFP/File

China ramps up coal plant approvals despite emissions pledge: report

China last year approved the largest expansion of coal-fired power plants since 2015, according to a study published Monday, despite its vow to begin phasing down use of the fossil fuel in just three years.

Text size:

The coal power capacity that China began building in 2022 was six times as much as that in the rest of the world combined, the report by the Centre for Research on Energy and Clean Air (CREA) in Finland and the Global Energy Monitor (GEM) added.

"China continues to be the glaring exception to the ongoing global decline in coal plant development," GEM research analyst Flora Champenois said.

"The speed at which projects progressed through permitting to construction in 2022 was extraordinary."

China is one of the world's biggest emitters of the greenhouse gases driving climate change, such as carbon dioxide (CO2).

President Xi Jinping has pledged that China will peak its CO2 emissions between 2026-2030 and reduce them to net zero by 2060, moves seen as essential for keeping global temperature rise well below two degrees Celsius.

The report warned that even if Beijing sticks to those commitments, the current coal power expansion will make meeting them "more complicated and costly".

A total of 106 GW of new coal power projects were approved in 2022 -- the equivalent of two large coal plants per week -- it said.

Plants accounting for around a third of that capacity have already begun construction, with some gaining permits, securing financing and breaking ground "within a matter of months".

"This kind of a process leaves little room for... consideration of alternatives," GEM's Champenois added.

- Vicious cycle -

China relies on coal for nearly 60 percent of its electricity.

Most of the new coal projects have been approved in provinces hit by crippling electricity shortages due to record heatwaves in the last two years.

This creates a vicious cycle with increased greenhouse gas emissions accelerating climate change resulting in more frequent extreme weather events, researchers said.

The rush for approvals started after China's cabinet in May announced 10 billion yuan ($1.5 billion) of investment in coal power generation.

"This is the same dynamic that we saw during the previous boom in 2015," Lauri Myllyvirta, Lead Analyst at CREA, told AFP.

"No one knows how long the floodgates will stay open, so local governments try to rush as many projects through as they can."

Local officials say new coal plants will serve as a backup to ensure stable supplies when renewables fail.

But provinces such as Guangdong, Jiangsu and Anhui, where the new coal plants are mushrooming, were "laggards" in investing in clean energy to meet demand growth, the study found.

The continued investment in coal "implies insufficient emphasis on overcoming the power system and power market constraints that perpetuate dependence on coal", it added.

- Renewable growth? -

China has ramped up its investments in renewable power including solar, wind, hydro and nuclear plants in recent years.

If that growth continues to accelerate, the report said, and electricity demand stabilises, "the massive additions of new coal-fired capacity don't necessarily mean that coal use or CO2 emissions from the power sector will increase", the report said.

However, renewable energy projects in China are struggling to get access to land, while in some areas, the grid cannot absorb all the power generated, the head of the China Photovoltaic Industry Association said this month.

The role of coal in ensuring energy security means developing more renewable power does not necessarily lead to a reduced reliance on the fossil fuel, analysts said.

"The biggest misconception is the idea that an increase in renewables will replace coal," Li Shuo, an activist at Greenpeace China, told AFP.

"That is the case with the rest of the world, but China's need for energy security has led to growth in wind, solar and coal all at the same time."

L.Holland--TFWP