China's Overseas Coal Projects Face Review After Five Years of Pledges
What happened
A new report assessed the progress made by China's state sector toward its pledge to halt new overseas coal-fired power plants five years ago. The study found that two-thirds of the overseas coal power projects planned at that time had been cancelled, representing a 61.5-gigawatt capacity cut. This capacity reduction was observed in projects in Zimbabwe (3.4GW), Bangladesh (1.7GW), and Indonesia (1.4GW). However, the report noted a slowdown in cancellations, as projects linked to private Chinese companies continued to advance.
From thestar.com.my
Why it matters
The findings indicate that while Chinese state-owned enterprises have made significant headway toward meeting their government commitments, private companies are still pursuing projects. The report details the status of these projects against the backdrop of China's original pledges regarding overseas energy development.
From thestar.com.my
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ChinaSpeculative
The country's energy sector might face reassessment due to the review of its overseas energy commitments.
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The entities involved
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