The Prague Post - China ramps up coal plant approvals despite emissions pledge: report

EUR -
AED 4.114065
AFN 72.259582
ALL 90.790621
AMD 404.158249
ANG 2.004979
AOA 1027.255243
ARS 1706.277137
AUD 1.605841
AWG 2.019222
AZN 1.908846
BAM 1.955598
BBD 2.254667
BDT 138.445698
BGN 1.95798
BHD 0.422456
BIF 3355.553362
BMD 1.120234
BND 1.430852
BOB 13.181638
BRL 5.562192
BSD 1.119484
BTN 106.219027
BWP 15.421407
BYN 3.28696
BYR 21956.591821
BZD 2.251367
CAD 1.568609
CDF 2594.46299
CHF 0.92428
CLF 0.028078
CLP 1105.065844
CNY 7.480981
CNH 7.472639
COP 3552.732992
CRC 510.847228
CUC 1.120234
CUP 26.866225
CVE 110.25361
CZK 24.330933
DJF 199.339408
DKK 7.473811
DOP 68.662907
DZD 150.487454
EGP 61.701626
ERN 16.803514
ETB 182.080891
FJD 2.506193
FKP 0.837532
GBP 0.83759
GEL 2.901844
GGP 0.837532
GHS 12.979659
GIP 0.837532
GMD 82.897735
GNF 9906.976581
GTQ 8.557116
GYD 234.45578
HKD 8.78527
HNL 30.053895
HRK 7.537165
HTG 146.714844
HUF 366.731529
IDR 20269.350965
ILS 3.478944
IMP 0.837532
INR 106.361208
IQD 1697.024692
IRR 2052689.282929
ISK 136.422562
JEP 0.837532
JMD 177.661647
JOD 0.79429
JPY 175.72038
KES 145.354984
KGS 97.962924
KHR 4573.527541
KMF 492.347215
KPW 1008.210806
KRW 1482.658115
KWD 0.348046
KYD 0.932904
KZT 508.267495
LAK 25190.397759
LBP 100245.344367
LKR 371.711601
LRD 190.860284
LSL 18.546684
LTL 3.307761
LVL 0.677619
LYD 7.169259
MAD 10.995664
MDL 20.205913
MGA 5062.477032
MKD 61.598637
MMK 2352.70217
MNT 4032.758987
MOP 9.043866
MRU 44.738378
MUR 52.830672
MVR 17.319246
MWK 1941.099479
MXN 20.912986
MYR 4.576498
MZN 71.587148
NAD 18.546684
NGN 1492.219693
NIO 41.195744
NOK 10.482469
NPR 169.950444
NZD 1.961367
OMR 0.429016
PAB 1.119384
PEN 3.844503
PGK 5.013482
PHP 71.267107
PKR 309.775499
PLN 4.40251
PYG 6474.331183
QAR 4.080578
RON 5.3545
RSD 117.487863
RUB 91.430555
RWF 1653.929144
SAR 4.204519
SBD 9.045421
SCR 15.663382
SDG 673.825035
SEK 11.125947
SGD 1.430432
SHP 0.837151
SLE 25.709792
SLL 23490.757589
SOS 639.733914
SRD 42.176265
STD 23186.587781
STN 24.497469
SVC 9.794988
SYP 14565.285711
SZL 18.546084
THB 37.830725
TJS 10.315634
TMT 3.932022
TND 3.342755
TOP 2.697255
TRY 55.679905
TTD 7.606214
TWD 36.503734
TZS 2963.693842
UAH 50.679165
UGX 4931.490563
USD 1.120234
UYU 44.895362
UZS 13396.616091
VES 985.569686
VND 28949.654292
VUV 133.391269
WST 3.100456
XAF 655.957
XAG 0.020782
XAU 0.000280356799
XCD 3.02749
XCG 2.017492
XDR 0.792064
XOF 655.957
XPF 119.331742
YER 264.491333
ZAR 18.566461
ZMK 10083.456786
ZMW 22.506675
ZWL 360.71498
SSP 6436.51929
MXV 2.360302
  • BCE

    -0.4100

    20.4

    -2.01%

  • NGG

    -0.7800

    81.86

    -0.95%

  • BCC

    -0.5500

    77.74

    -0.71%

  • RIO

    -0.7200

    83.42

    -0.86%

  • GSK

    -0.4600

    50.75

    -0.91%

  • JRI

    0.0700

    10.75

    +0.65%

  • BTI

    -0.9900

    59.48

    -1.66%

  • CMSC

    0.0000

    19.6

    0%

  • CMSD

    0.1800

    19.78

    +0.91%

  • RBGPF

    2.6200

    72.77

    +3.6%

  • BP

    1.2700

    51.32

    +2.47%

  • RYCEF

    -1.7500

    15.26

    -11.47%

  • VOD

    -0.3800

    15.74

    -2.41%

  • AZN

    -1.0800

    171.49

    -0.63%

  • RELX

    -0.0800

    40.54

    -0.2%

China ramps up coal plant approvals despite emissions pledge: report
China ramps up coal plant approvals despite emissions pledge: report / Photo: JOHANNES EISELE - 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."

C.Zeman--TPP