Various satellite images show that half of the coal plants with “suspended construction” have actually been completed. China has restarted construction on more than 50 gigawatts (GW) of suspended coal-fired power plants. A study by Global Energy Monitor, Greenpeace and the Sierra Club claims that China could add 290GW in new coal-fired plants over the next few years. This would be more than the 261GW capacity of the entire US coal-power fleet in 2018. China is expected to put another 110 gigawatts (GW) of new power generation into operation in 2019. They put 120 GW into operation in 2018 after connecting a record 133.7 GW of new capacity in 2017, according to data from the China Electricity Council (CEC). China’s total installed capacity was expected to break the 2,000 GW barrier by the end of this year, rising around 5 percent from the end of 2018. Chinese electricity consumption rose to 6.84 trillion kilowatt hours in 2018, with growth hitting a six-year high of 8.5 percent year-on-year. The rise in consumption was led by the manufacturing industry and services sector. China’s coal-fired power capacity reached 1,010 GW by the end of 2018. If China goes to 1150 GW or higher for coal power by 2022, then the China will not meet its Paris Agreement promises. Nextbigfuture spoiler alert – China will not meet its Paris Agreement promises on coal.
SOURCES – Endcoal, Reuters, E&T, Graphic from BenHeubi, Satellite Picture by Planet Labs
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.