Page 6 - AsiaElec Week 04 2023
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AsiaElec                                           COAL                                              AsiaElec


       Chinese coal production at all





       time high in 2022






        CHINA            CHINESE domestic coal production last year  of gas.”
                         hit almost 4.5bn tonnes for the 12 months to   Xi also claimed that the eventual move
                         the end of December, government figures  towards net-zero by 2060, and a 2030 peak
       WHAT:             revealed last week.                in emissions frequently promised on the
       Coal continues to set   Officially reaching 4.496mn tonnes for the  international stage is far from an overnight
       records in China  year, the figure was a 9% increase on numbers  process, meaning that Beijing cannot merely
                         in 2021, according to the National Bureau of  “slam the brakes” on coal usage, according to
       WHY:              Statistics (NBS) in Beijing.       reports that emerged at the time.
       Energy security seen   Even with figures to December dipping   At the end of 2022, sources in China
       trumping net-zero goals  somewhat to 12.99mn tonnes per day com-  claimed a total coal mining capacity of
                         pared with 13.04mn tpd in November, as the  around 260mn tonnes had been approved
       WHAT NEXT:        country came to terms with COVID out-  that year. If confirmed, this would increase
       More of the same   breaks hitting tens of millions nationwide,  the total coal capacity nationwide to 5.05bn
       predicted in 2023  the figure was substantially higher than the  tonnes.
                         12.41mn tpd mined in December 2021.  “We don’t want to be like Europe and
                           This in turn reduced demand from  transform at the cost of energy security”
                         industry.                          said Li Zheng, climate change and energy
                           Limited demand for coal is expected to  professor at China’s Tsinghua University, last
                         last well into 2023, with China this week cel-  November, adding: “They are now declaring
                         ebrating the Lunar New Year and travel to  that they are taking a step back in order to
                         home towns by hundreds of millions across  take two steps forward later.”
                         the nation only expected to exacerbate the   It is now estimated that total coal gener-
                         outbreak when work fully resumes in early  ation capacity in China could even surpass
                         February.                          that seen in the United States, reaching 270
                           A number of mines in some of the coun-  GW by 2025.
                         try’s main mining regions, including Inner   Analysts in the region see much of this
                         Mongolia and Shanxi, have already posted  transpiring on the back of improved work-
                         figures showing large numbers of miners are  ing conditions, with China’s National Devel-  We don’t want
                         away from the coalface because of COVID.  opment and Reform Commission (NDRC)
                           Overall production of coal throughout  having pushed mines in both the public   to be like Europe
                         2023, however, is expected to increase, with  and private sectors to increase employment
                         coal still making up well over half of China’s  term contracts, thereby offering increased   and transform
                         total energy mix despite inroads having been  job security and in turn helping to boost
                         made by renewables in recent years.  output.                                at the cost of
                           This is in large part predicted on the back   Keen to avoid a repeat of the power outages   energy security.
                         of a desire by Beijing to increase domestic  seen across much of China last winter when
                         energy security; Chinese President Xi Jin-  issues with transportation infrastructure left
                         ping speaking last year in Inner Mongolia  many without heat, the Chinese government
                         affirmed this point when he said that China  for now sees coal as the most reliable and
                         “could not part from reality”, given that the  easily available form of energy, regardless of
                         country is “rich in coal, poor in oil and short  long-term emissions goals. ™























       P6                                       www. NEWSBASE .com                       Week 04   26 •January•2023
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