China’s energy consumption rises 0.7pc in first half of 2015: energy bureau

Jul 27, 2015 12:00 AM

China’s total energy consumption rose 0.7 per cent in the first half of 2015 compared with the same period last year, the country’s energy authority said on Monday, as a decline in coal use was offset by increases in oil, natural gas and renewable power consumption.

The National Energy Administration (NEA) said in a notice posted on its website that energy consumption was likely to inch up further in the second half.

It did not give any absolute numbers for total primary energy use over the period. Total consumption in 2014 was estimated to have reached 3.6 billion tonnes of standard coal equivalent – up just 0.3 per cent compared with 2013, according to the National Bureau of Statistics.

China’s energy consumption has tripled in only two decades but annual growth has now slowed considerably as a result of an economic downturn.

The impact has been felt disproportionately in the coal sector, which accounts for about two-thirds of total energy consumption, but is now the primary target of the government’s “war on pollution”.

Coal production fell 5.8 per cent to 1.79 billion tonnes in the first six months of the year. Fixed asset investment in the coal sector plunged 12.8 per cent to 168.6 billion yuan (HK$213 billion), the NEA said.

Over the same period, crude oil output rose 2.1 per cent to 110 million tonnes while natural gas production – including coal-bed methane and shale gas – rose 4.3 per cent to 67.4 billion cubic metres, the energy bureau said.

Total power generation was up 0.6 per cent, largely as a result of higher renewable and nuclear volumes, it said.

The share of non-fossil-fuel energy in total power generation reached 22.9 per cent – up 3 percentage points from the same period in 2014, it added.

The NEA forecast that total power use during 2015 was likely to reach 5.7 trillion kilowatt-hours – up about 3 per cent compared with last year.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« May 2019 »
May
MoTuWeThFrSaSu
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31

Register to announce Your Event

View All Events