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Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant China Petroleum & Chemical Corporation (Sinopec) said in its ‘China Energy Outlook 2060’ report.
 
However, consumption is forecast to reduce to about 5.6 billion tonnes of standard coal in 2060, it added.
 
Energy-related carbon emissions will peak at around 9.9 billion tonnes by 2030 and drop to 1.7 billion tonnes in 2060, achieving carbon neutrality through carbon capture usage storage (CCUS) technology and carbon sinks, amongst other methods.
 
This is Sinopec’s first publicly released research findings of their medium and long-term energy outlook, providing a new perspective for the scientific planning of transformation and development of China’s energy and chemical industries.
 
This in the context of the ‘Dual-Carbon’ goals laid out by the Chinese government, with the core goal of achieving carbon neutrality by 2060.
Source: Reuters


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Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...


Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...


Wednesday, 03 November 21
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Monday, 01 November 21
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