Tag: China
China leads the growth in projected global natural gas consumption
China’s LNG imports tripled between 2010 and 2016 Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIA’s latest International Energy Outlook 2017 (IEO2017). China accounts for more than […]
China natural gas demand rises on shift from coal
China natural gas demand set to outpace US over coming 20 years As China pivots from powering the nation with coal to cleaner burning fuels and renewables, analysts say the country is in a “golden age” for natural gas, and will likely be the largest consumer of the fuel worldwide sometime between 2040 and 2050. […]
Shift to natural gas may threaten China’s power supplies this winter
Push to complete natural gas pipelines before winter hits As part of the Beijing’s efforts to use cleaner burning fuels, the Chinese government is hoping to heat millions of homes in northern China this winter with natural gas instead of coal. To reach their goal, the government has ordered state oil companies to rush construction […]
U.S. coal production fell in first half 2017 after late 2016 increase
Coal accounted for 30% of electricity generation mix first half of 2017 U.S. coal production averaged 192 million short tons (MMst) per quarter in the first half of 2017, a slight decrease from the second half of 2016 but still above levels reached in the first half of 2016, according to the U.S. Energy Information Administration. […]
Chinese coal-fired electricity generation to flatten as mix shifts to renewables
Wind and solar account for small amounts of generation, 2.7% and 0.5% Coal-fired electricity generation in China, the world’s largest coal consumer, is expected to remain flat through 2040, according to EIA’s International Energy Outlook 2017 (IEO2017). Other fuels, such as renewables, natural gas, and nuclear power, are expected to make up increasing shares of China’s […]
Beyond China and India, energy consumption in non-OECD Asia continues to grow
In 2015, about 30 per cent of travel was in automobiles Based on projections in EIA’s International Energy Outlook 2017 (IEO2017), much of the future growth in world energy consumption will occur in the nations of Asia outside of the Organization for Economic Cooperation and Development (or non-OECD Asia). Although China and India account for most of […]
China just rocked Alberta’s world with plan to ban gas-powered cars
Will the global economy see peak oil demand by 2030 or 2040? Can Alberta survive permanent low oil prices? Saturday was a momentous day for Alberta, even if most Albertans probably won’t acknowledge or accept just how important it is that China now says it is planning to ban internal combustion engine automobiles in the […]
North Korea’s military operations could affect 58% of Chinese oil production
1.5 million b/d of China’s 3.95 million b/d crude production comes from field just 200 km from North Korean border By Chris Graham, product suite director, gas and LNG, Wood Mackenzie North Korea fired a missile over Japan on 29 August signalling “the first step” of military operations in the Pacific and with plans for […]
Floating solar farm produces energy atop flooded coal mine
Floating solar farm in Chinese city of Huainan largest in the world In the coal-rich city of Huainan, China, a renewable energy company has turned a former coal mine that has been flooded with groundwater into the home of the world’s largest floating solar farm. The company running the project, a branch of the Sungrow […]
Ford looks at JV with Chinese automaker to build Electric Vehicles
Ford looking to team up with Anhui Zotye Ford Motors says it is may team up with China’s automaker Anhui Zotye Automobile Co in a joint venture to build electric passenger vehicles in China. As China struggles with high pollution levels in major cities, it is now pushing plug-in vehicles and has poured tens of […]
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