Subscribe free to our newsletters via your
. GPS News .




ENERGY TECH
China has no need for U.S. coal?
by Staff Writers
Beijing (UPI) Feb 28, 2013


disclaimer: image is for illustration purposes only

A new Greenpeace report suggests that U.S. coal producers have missed a window of opportunity to export coal to China.

China accounts for 47 percent of global coal consumption, the Energy Information Administration said.

But the Greenpeace report, called "The Myth of China's Endless Coal Demand: A missing market for US Exports," cites factors likely to contribute to a drop in China's coal needs, including government policies aimed at reducing pollution, slowing economic growth and increased use of renewable energy.

The Chinese government's 12th five-year plan for the coal sector caps domestic coal production and consumption at 3.9 billion tons by 2015.

"Assuming Chinese coal demand continues to weaken and that it sticks to its policies to curb coal use and increase renewable investment, the Chinese market for US coal exports may dry up before major new US coal shipments ever reach its ports," the Greenpeace report says.

A study released this month by research firm IHS Cera predicts that coal demand in China will peak around 2025 at about 5.1 billion metric tons, up from 3.7 billion metric tons in 2011.

"Many of the same factors that are causing coal to be phased out of the U.S. market -- sluggish economic growth, a rapidly developing renewable energy sector, government policies and social opposition to coal -- are conspiring to make the Chinese market for U.S. coal exports economically unviable as well," Greenpeace East Asia Energy Analyst and report author Lifeng Fang, said in a statement.

Although China burns massive quantities of coal, the report says, it is 95 percent self-dependent for its current use of coal. Furthermore, any increases in domestic coal production or transportation infrastructure could quickly reduce China's current demand for imports.

Because of weak demand from coal consumption sectors, "China's coal is piling up, unused at record levels" at domestic power plants and ports, the report says. For example, the total domestic coal stock reached 373 million tons by the end of September 2012, a 37 percent increase compared to the year before.

Greenpeace also points to China's growing renewable energy revolution which it says "is on pace to undercut the aggressive Chinese coal demand projections upon which U.S. export hopefuls are counting."

Industry estimates indicate that in 2020, solar and wind power could produce 500 to 600 terawatt hours a year in China, equal to about 13-16 percent of the total electricity derived from coal in 2011.

"The only scenario in which it would need to increase its imports to a degree that makes US coal exports viable is if its coal demand continues to increase at the eye-popping growth rates experienced over the past decade," the report states.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Chinese coal cuts to affect Australia
Sydney (UPI) Feb 11, 2013
China's projected reduction of coal consumption will have an effect on Australia, experts say. Estimates by Kieran Davies, an economist at Barclays Bank, show that last year China bought 19.5 percent of Australia's thermal coal exports worth $2.8 billion; 17.5 percent of coking coal worth $3.5 billion and 72.5 percent of iron ore, worth $38.6 billion, Fairfax Media reports. A rep ... read more


ENERGY TECH
World agriculture suffers from loss of wild bees: study

Maize part of coastal Peru diet for 5,000 years

Why sourdough bread resists mold

Cold-tolerant grapes expand wine country

ENERGY TECH
Rutgers physicists test highly flexible organic semiconductors

Quantum computers turn mechanical

Boeing Acquires CPU Tech's Microprocessor Business

Organic electronics: how to make contact between carbon compounds and metal

ENERGY TECH
US chooses Brazilian plane to outfit Afghan force

F-35 soaring costs trouble Australia

Larry Ellison buys Hawaiian airline to go with island

DARPA Developing Next Generation Of Vertical Flight Technology

ENERGY TECH
Study: Left-hand turn, cellphone don't mix

Formula E: China Racing join all-electric Formula E line-up

Mobile apps reshape urban taxi landscape

Estonia plugs electric cars as power prices soar

ENERGY TECH
US firms' performance in China worsens: group

China breached trade rules over EU scanner duties: WTO

Four Chinese drivers jailed over Singapore strike

China 2012 gold output up nearly 12%: report

ENERGY TECH
Declining Vegetation Across The Eastern US Observed

Russia moves to shut down Lake Baikal paper mill

Turkmenistan to plant 3 million trees to make desert bloom

Decoys could blunt spread of ash-killing beetles

ENERGY TECH
NASA's Aquarius Sees Salty Shifts

Northrop Grumman Delivers First Communications Payload for USAF's Enhanced Polar System

NASA Selects Launch Services for ICESat-2 Mission

New approach alters malaria maps

ENERGY TECH
Scientists delve deeper into carbon nanotubes

New taxonomy of platinum nanoclusters

Nano-machines for 'bionic proteins'

Forging a new periodic table using nanostructures




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement