Summary
From 1978, the Reform and Opening-up Policy has helped the Chinese economy to develop rapidly. A variety of industrial sectors, particularly the high energy consuming industries, grew at a high speed to satisfy both domestic and overseas demand. As a result, the power generating industries also experienced rapid expansion. This expansion has driven the rapid growth of electricity production.
With the characteristic of ‘abundant coal, inadequate natural gas, and scarce oil’, the Chinese power generating industries have relied on coal significantly. Moreover, compared to the other energy resources, coal is very cost efficient and therefore offers a huge competitive advantage to a developing country.
Nonetheless, with growing concerns over environmental protection, coupled with a steady rise in the price of coal, increasingly strict environment protection policies and a shortage of transportation capability, the growth rate of coal-fired generation is expected to slow down significantly. Also, the proportion of clean and renewable energy in China’s overall consumption is expected to increase in the coming years.
However, from a short-term perspective, it will be impossible to change the coal-dominated energy consumption structure. With the change in the mode of economic growth of the coal industry and the expansion of the usage of various coal resources, the strategic position of coal for power generation continues to remain vital to the Chinese economy.
Scope
- Recent developments in the Chinese coal fired power plant market
- Market Impact of Top Trends in the Chinese Coal - Fired Power Industry
- Chinese Coal Power Plant Strategic Outlook
- Challenge Analysis
- Opportunity Analysis
- Impact of Policy Chan
- Identify key growth and investment opportunities in the Chinese coal fired power plant market
- Position yourself to gain the maximum advantage of the industry’s growth potential by developing strategies
- Facilitate decision-making based on upcoming