China Energieopslagveld 2020

What is China's Energy Policy?

Over the past ten years, China has initiated an energy transition. Indeed, Chinese current energy policy aims not only to improve energy efficiency but also to diversify the country's energy system in order to its secure energy supply and reduce its CO 2 emissions.

What is China's energy transition like in 2020?

China’s energy transition has continued to evolve in 2020. The share of thermal generation, which consists of over 90 per cent coal-fired power plants, is still below 70 per cent, as it was in 2019 (source: China Energy Portal ). This is shown in figure 1.

What is China's energy situation?

China's energy situation As of today, China is the world's largest producer and consumer of energy. In 2019, China accounted for nearly 18% of the world's population, consumed 24% of the world's energy, of which it produced 20%.

What if China's energy supply peaks in 2020?

Furthermore, if emissions in China peak in 2020, for the 25 th –75 th percentile cases, the energy supply sector requires a 99–162 billion US dollars investment increase in the next decade compared to that in PEAK25, which is still a huge jump despite investment reduction in coal-fired power.

Is China's energy policy sustainable?

We examine China's energy policy from 1981 to 2020. Chinese government has initiated a low-carbon energy transition since 2011. This energy transition cannot be considered sustainable. Three challenges must be overcoming in order to usher in a sustainable energy system.

What is China's second phase of energy policy?

A reduction in energy intensity (although the targets were not reached in the two FYPs) and a diversification of energy supply (increased coal production, oil and gas imports and development of nuclear power and renewable energy) have been at the heart of this historic second phase of Chinese energy policy.