By Paul Homewood
China may add more new coal-fired power plants in the next few years than previously expected after a spate of economy-pinching power crunches.
The world’s biggest energy user is expected to add 270 gigawatts of thermal capacity in the five years through 2025, China Energy Engineering Corp., the country’s top energy engineering conglomerate, said in an online briefing on Thursday. That would be more than the 100 to 200 gigawatts estimated in 2020 by a senior researcher at State Grid of China Corp. Energy Research Institute.
China has vowed to start reducing coal use from 2026 and said any new coal power plants will only be used to support intermittent renewable energy. Still, the country is seeking increased energy security after recent supply crunches have forced power cuts to factories. Most recently, a blistering heatwave and drought forced factories to halt in some regions last month…
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