China to cap 2020 energy use at 5 billion tonnes of coal equivalent

Time:2020-06-24 10:00:50      Source:Xinhuanet.com
Amid an accelerated push for green development, China on Monday decided to cap its annual energy consumption at five billion tonnes of standard coal equivalent this year.
 
The country planned to reduce the proportion of coal in its energy mix to around 57.5 percent this year, according to a guideline released by the National Energy Administration.
 
The proportion was 57.7 percent in 2019 and 59.2 percent in 2018.
 
The push for cleaner energy and low-carbon growth is part of China's efforts to tackle pollution as it seeks sustainable development.
 
The country planned to produce 193 million tonnes of oil and 181 billion cubic meters of natural gas this year, while adding 900 million kilowatts of installed non-fossil power generation capacity, according to the guideline.
Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-20
Shuozhou 5200 435 0 FOR 06-20
Ordos 5500 415 0 ex-mine 06-20
Yulin 6200 535 0 ex-mine 06-20
Liulin Low-sulphur 560 0 ex-mine 06-20
Gujiao Low-sulphur 1095 0 FOR 06-20
Xingtai Low-sulphur 1210 0 ex-Factory 06-20
Yangquan PCI 770 0 FOR 06-20
Index RMB/t WoW WoW% Date
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