The “only real option in the short term” for China to boost its electricity grid stability is to increase coal-fired power production, ANZ Group analysts Daniel Hynes and Soni Kumari said in a report.
Concerns about power shortages could force China to rely more on coal to keep grids stable amid the growing demand for electricity, including from the rising electric vehicles fleet, analysts at ANZ Group say.
The rise in EV sales in the world’s largest EV market, China, is set to increase pressure on the grids, which have struggled recently amid low hydropower output and rising power demand from industry and households. In these circumstances, the “only real option in the short term” for China to boost its electricity grid stability is to increase coal-fired power production, ANZ Group analysts Daniel Hynes and Soni Kumari said in a report on Thursday, as carried by“Power shortages are likely to reemerge as the acceleration in the energy transition continues to put pressure on electricity networks,” the analysts added.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Drones: China’s growing dominance of the market is a worry\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t
Read more »
Coal mine: Councillors advised to reject bid to keep Ffos-y-Fran openPlanning permission for the mine expired in 2022, but the operators applied for an extension.
Read more »
QuaDream’s demise may be the canary in the spyware coal mineSpyware slinger QuaDream’s reported demise may be the canary in the coal mine
Read more »
Climate protesters convicted after 'occupying' South Wales coal mineA group of Shropshire climate campaigners have been found guilty of their involvement in a protest which 'occupied' a South Wales coal mine.
Read more »
Alan Carr's new ITV series about growing up in Northampton has release dateChanging Ends is a six-part series described as an 'autobiographical comedy'
Read more »
Mosquitoes pose a 'growing threat' in Scotland due to climate changeVector-borne diseases - including fleas, lice, mosquitoes and ticks - cause more than 700,000 deaths each year
Read more »