Building a world of
resilient communities.

MAIN LIST

 

China says energy supply rising but not enough

BEIJING (AFP) - China said its supplies of coal, electricity and oil remained insufficient despite increases in production and imports.

"Although there has been a rapid increase in China's coal, electricity, oil and transport supply, it is not adequate to satisfy increased demand," Xinhua news agency said quoting State Development and Reform Commission official Jia Yinsong.

Jia told a seminar on the steel market that China's crude oil production rose 2.9 percent year-on-year to 145 million tons in the first 10 months and it imported 85.8 million tons, up 36.2 percent year-on-year during the same period.

But key state oil companies China Petroleum Corporation and China Petro-Chemical Corp have almost reached their refining capacity, he said.

And although electricity generation grew 15 percent year-on-year to 1.74 trillion kilowatt hours in the first 10 months, this is still insufficient to meet growing demand, he said.

Jia noted that 24 out of China's 31 provinces were forced to ration power through 'brownouts' during the summer months.

China's booming economy has created a massive appetite for energy. The country faced a 30,000 megawatt power shortage during the summer months -- the worst since the 1980s.

Meanwhile, although coal production has been growing rapidly, the capacity of state-owned coal mines has nearly saturated, Jia said.

"The carrying capacity of the railways only met one-third of the country's coal transport demand," he said.

The gap between supply and demand posed a threat to economic development and the bottleneck would continue in 2005, he said.

11/13/2004 - 18:54 GMT - AFP

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Peak Oil Review: A Midweek Update 11th Feb

A midweek update. Oil prices continued to fall this week with New York …

Renewables: The Next Fracking?

As a general rule, in fact, the less direct experience a given person has …

IEA in Davos 2016 Warns of Higher Oil Prices in a Few Years’ Time

This recent forum was about how to transition away from fossil fuels, after …

Why the Wild Descent of Oil Is Cause for Concern

The signs of oil's madcap price collapse are everywhere.

It's not Rocket Surgery: Choosing an Indoor Mini Wood stove for a Tiny House

This article will focus on one item which can keep you comfortable in cold …

Peak Oil Review - Feb 8

 A weekly roundup of peak oil news, including: -Oil and the global …

California Offshore Oil Fracking Permits Halted While Federal Government Performs Environmental Review

The U.S. federal government will stop approving offshore oil fracking …