Coal Consumption in China in 2020 up 0.6% YoY
Reuters reported that China cut its coal use to 56.8% of energy consumption at the end of 2020, maintaining its target of below 58%, but overall coal
Reuters reported that China cut its coal use to 56.8% of energy consumption at the end of 2020, maintaining its target of below 58%, but overall coal consumption continued to rise amid record industrial output and the completion of dozens of coal fired power plants. The rapid rollout of renewable-energy capacity and the growing use of natural gas has helped reduce the share of coal consumption from around 68 per cent over the last decade and 57.7% a year earlier, but overall coal use has not peaked.
China’s National Bureau of Statistics said “Coal consumption in China grew 0.6% in 2020, the fourth consecutive increase. The share of clean energy including natural gas, hydropower, nuclear and wind power rose 1% point to 24.3% of consumption. Energy consumption increased by 2.2% to 4.98 billion tonnes of standard coal equivalent last year, with crude oil demand growing by 3.3% and natural gas by 7.2%.”
China has pledged to halt the rise in its carbon emissions before 2030 with targets to control energy consumption, especially coal-burning, and improve energy efficiency.