Coal shrinks in China's energy mix

Time:2019-03-01 15:22:09      Source: xinhuanet.com

The share of coal dropped in China's energy mix last year as the government continued efforts to foster renewable energy.
 
The consumption of coal inched up 1 percent year on year in 2018, much slower than the expansion of cleaner fuel and making up 59 percent of the country's total energy consumption, down 1.4 percentage points from the previous year, according to the National Bureau of Statistics.
 
With abundant coal reserves, China for decades relied heavily on the cheap but dirty fuel until rising environmental awareness and quickening economic restructuring in recent years prompted a green drive in the energy sector.
 
The government has tightened regulations on coal mining, improved technology of cleaner use of the coal and vigorously searched for alternative fuel, moves that have made coal no longer hard to replace.
 
The combined proportion of natural gas, hydropower, nuclear energy and wind power rose to 22.1 percent in 2018, up by 1.3 percentage points from the 2017 level.
 
As a result, China's carbon dioxide emission per 10,000 yuan (nearly 1,500 U.S. dollars) of GDP declined 4 percent in 2018.
Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
中国煤炭市场��?