Power

NEA: Coal consumption in China increased in H117, despite capacity reductions.

Chinese National Energy Administration announced that coal consumption increased by 1% y-o-y to 1,83Bn tonnes in H117 despite the fall in coal’s share in the energy mix. Demand from the power generators, steel making and chemical sectors increased over the period, whereas demand from the building materials industry (i.e. cement industry) declined. Coal accounted for 59.8% of the primary energy mix in H117, down by 0.6% y-o-y. The slight fall in coal’s share reflects the central government’s efforts to increase the share of renewables. This reflects the governments plan to reduce coal share of energy mix to 58% by 2020.  from 64% in 2015.

 

Source: NEA

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