2023 saw highest coal power capacity additions since 2016 with China leading the race: Report

China approved more new coal power in the first 3 months of 2023 than in the whole of 2021 this is as per official documents. Beijing, in the five-year plan in 2016, placed heavy emphasis on reducing coal usage and developing clean energy. In 2020, President Xi Jinping said China would become Carbon neutral by 2060. Between January and March 2023, at least 20.45 Gigawatts of coal power was approved. In 2022, during the same period, it was 8.63 Gigawatts, in the whole of 2021, only 18 Gigawatts of coal power was approved.

China approves more coal in 3 months of 2023 than in all of 2021

In a bid to tackle electricity shortages, China has ramped up approvals for new coal power plants this year. According to a report by Greenpeace and independent global campaigning network, Chinese economy has taken a hit under strict COVID-19 policies and prolonged supply chain disruptions therefore the authorities are looking to boost growth through a massive infrastructure construction push.

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