China coal power capacity may rise 19% over 5 years
Hong Kong
CHINA'S coal power generation capacity will grow as much as 19 per cent over the next five years even as the world's biggest energy consumer expands use of non-fossil fuels.
While coal-fired plant capacity will increase, it will still remain below 1,100 gigawatts, National Energy Administration chief engineer Han Shui said on Monday. Non-fossil power will increase 48 per cent to about 770 gigawatts over the five-year period through 2020 as total capacity expands by 31 per cent to 2,000 gigawatts.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil falls to 7-week low on surprise US storage build, Middle East hopes
US, Philippines eye agreement to cut China nickel dominance
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
Glencore now sees FY trading division profit between US$3 billion-US$3.5 billion
Hong Kong team plants seeds to safeguard legacy grains
Gold holds steady as investors focus on US Fed meeting