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China's new coal plants set to become a costly second fiddle to renewables | Hellenic Shipping News Worldwide

China's new coal plants set to become a costly second fiddle to renewables | Hellenic Shipping News Worldwide
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China targets 1.8% cut in average coal use at power plants by 2025

China flagged on Wednesday it is targeting a 1.8% reduction in average coal use for electricity generation at power plants over the next five years, in a bid to lower greenhouse gas emissions. ....

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ANALYSIS-To tackle climate change, China must overhaul its vast power grid

ANALYSIS-To tackle climate change, China must overhaul its vast power grid
Reuters
4 hrs ago
China to peak carbon emissions by 2030, neutral by 2060
Pledge could have major impact on global warming
Upgrading China s electricity grid is a major hurdle
By Muyu Xu and John Geddie
BEIJING/LONDON, May 19 (Reuters) - One of the most pressing challenges for China to meet its pledge to cap carbon emissions this decade and pivot toward renewables is overhauling its electricity grid, the world s largest, officials and analysts say.
Beijing s surprise announcement last year that it would hit peak emissions by 2030 and become carbon neutral by 2060 could presage the biggest reduction in projected global warming of any climate commitment to date, researchers say. ....

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Analysis: To tackle climate change, China must overhaul its vast power grid

EnvironmentAnalysis: To tackle climate change, China must overhaul its vast power grid
Muyu XuJohn Geddie
7 minute read
Power lines and wind turbines are pictured at a wind and solar energy storage and transmission power station of State Grid Corporation of China, in Zhangjiakou of Hebei province, China, March 18, 2016. REUTERS/Jason Lee
One of the most pressing challenges for China to meet its pledge to cap carbon emissions this decade and pivot toward renewables is overhauling its electricity grid, the world s largest, officials and analysts say.
Beijing s surprise announcement last year that it would hit peak emissions by 2030 and become carbon neutral by 2060 could presage the biggest reduction in projected global warming of any climate commitment to date, researchers say. ....

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China 's climate goal: renewing its electricity grid Business and Economic News

One of the most pressing challenges for China to meet its commitment to cover carbon emissions and commit to renewable energy this decade is to upgrade its electricity grid, according to some of the world’s largest officials, officials and analysts.
Researchers say the biggest emissions by 2030 would become carbon neutral by 2030 and 2060, according to a forecast made by Beijing last year.
Analysts say it is easy to build new solar plants and wind farms. Upgrading a system that transmits green energy to remote consumers can be five times more expensive and will depend on rapid technological advancement.
“When we talk about challenges, most people focus on the electricity grid,” said Chunping Xie, an expert on China’s climate change and energy policies at the London School of Economics and Political Science. “It’s the first step in this long journey.” ....

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