China's energy security push drives up fossil fuel approvals: Research

SINGAPORE - China approved more than 50 gigawatts of new coal power in the first half of 2023, research by environment group Greenpeace showed, with the world’s top carbon polluter focused on energy security rather than cutting fossil fuel consumption.

“Beijing has clearly stated that coal power will still grow at a ‘reasonable pace’ into 2030,” she said. The increase in China’s coal usage reflects a worldwide pattern. The International Energy Agency said last week that global coal consumption reached a record 8.3 billion tonnes in 2022, with strong growth in Asia offsetting declines elsewhere.

But China’s “built-in bias to coal” is preventing it from investing more in critical energy storage infrastructure that could make renewable power more reliable, Ms Gao said.The scale of the new builds also suggests the main motivation is economic growth and the argument that they are backing renewables is becoming less convincing, said Dr Jorrit Gosens, a climate researcher at the Australian National University.

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