Greening China's power sector
The country has shut down domestic output but a shift to cleaner fuels will be a slow one. And its coal import needs are showing no signs of abating
Local residents no longer need to breathe its filthy fumes—but the closure of Beijing's last coal-fired power station has even greater significance for the country. China, the world's top coal producer, consumer and importer, is sticking to a pledge to cut its use of the black stuff by 11.8m tonnes by the end of 2017, compared with 2012 levels. It spells trouble for global coal markets, where China's sheer size as a consumer is often the key price mover. The Huaneng Beijing thermal plant is the last of four coal-fired power plants to close in the capital. Similarly to the other three plants, Huaneng Beijing will be replaced by a natural gas-powered facility. China plans to cap its coal consu
Also in this section
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition