CHINA REDUCES COAL POWER, INCREASES SOLAR

01/23/2017

China has already begun to make good on a promise from November 2016 in which the government committed to shut down or delay at least 150 gigawatts (GW) of coal-fired energy by 2020 and to cap coal power generation at 1,100 GW. To put this in perspective, as of February 2016, China had just over 1,000 GW of thermal-powered energy, most of which consists of coal-fired capacity. Earlier this month, the Chinese energy regulator halted more than 100 coal-fired projects, which have a combined capacity exceeding 100 GW. Though some of the projects may resume in 2025 with more advanced technology, in the interim the government plans to install 130 GW of new solar and wind power energy by 2020. For the full story, see http://uk.reuters.com/article/us-china-coal-idUKKBN151090.