Locator: 44702COALCHINA.
This is not a surprise to anyone following the global energy story.
The figures run contrary to hopes that China may have begun to reduce emissions last year, more than half a decade ahead of its 2030 target, after massive additions of wind and solar power and a rebound in output of hydropower.
But all that extra clean energy wasn’t enough to cope with the expansion in electricity consumption, which was set to outpace overall economic growth for the fifth straight year in 2024 due to strong demand for computing, and as sectors from heating to transport electrify.
The trajectory of electricity demand will be key to determining whether fossil fuel generation begins its decline in 2025. At the same time, China is maintaining its world-leading pace of renewables deployment, and is spending more on power lines and energy storage equipment to ensure the clean energy isn’t wasted.
LOL, taking the same road that Germany took:
It’s increasingly possible that renewable sources can meet all of the country’s new electricity consumption this year, and pave the way for China’s power sector to achieve peak emissions in 2025, said Gao Yuhe, a Beijing-based analyst at Greenpeace East Asia.
But lying through their teeth. LOL.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.