Coal-rich and natural gas-poor China must place bigger bets on both carbon capture and energy storage technologies, as it navigates a decarbonization route that includes a huge renewable energy build-out while ensuring energy security, according to analysts.
China has loosened energy intensity restrictions to ensure economic stability and avoid a supply squeeze of raw materials, though demand uncertainties persist. China opted not to set an annual energy intensity target, or energy consumption per unit of GDP, at its annual “Two Sessions” political meetings from March 5 to March 11. The decision should .
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