China droughts highlight energy challenge as climate heats up | Fin24

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China's record-breaking heatwaves and droughts have highlighted the sizable challenges the world's second-largest economy faces to meet its energy needs in the years ahead amid a changing climate. | Fin24

China's record-breaking heatwaves and droughts have highlighted the sizable challenges the world's second-largest economy faces to meet its energy needs in the years ahead amid a changing climate.

Hydropower has been earmarked as an essential pillar of China's ambitions to reach peak carbon emissions by 2030 and carbon neutrality by 2060. Ma said China could learn from Europe, where Germany taps into hydropower and nuclear energy in Norway and France, respectively, when unfavourable weather hampers solar and wind power generation.

At the same time, China's energy needs have skyrocketed, rising fivefold between 2000 and 2019, according to the Brookings Institute. Last year alone, consumption grew about 10% despite the widespread rollout of lockdowns to control Covid-19. In Chongqing, home to the factories of major brands including Honda, Ford Motor and Isuzu Motors, officials last month ordered businesses to temporarily suspend operations to conserve power as temperatures rose as high as 45 degrees Celsius. In Dazhou, a city of 5.

 

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