The surge in coal plant approvals risks the government's climate targets. Read more at straitstimes.com.
equivalent to two large coal power plants per week in 2022, driven in part by surging growth in electricity demand triggered by last year’s heatwave and record drought, a report published on Monday showed.
Coal power capacity starting construction in 2022 totalled 50 GW. This was six times as large as that for the rest of the world combined and was also a more than 50 per cent increase from 2021, said the report. China is by far the world’s largest producer and consumer of coal, the single largest source of planet-warming carbon dioxide . The nation is also the top greenhouse gas polluter and has the world’s largest fleet of coal-fired power plants - so any new additions raise the risk of even greater emissions and air pollution.
“Building coal power plants to cover peak loads just a few days or weeks per year is a very costly way to address this issue, and even more so because the utilisation and lifetime of the plants will be limited by China’s carbon targets,” Mr Myllyvirta added.
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