🇨🇳 NEW | China monthly snapshot on energy & air pollution out now in EN & CN👇
⚡📉 CO2 emissions continued to decline in July 2024, reinforcing possible year-long drop
📉 Thermal power down 4.9%
💦 Hydro up 36.2%
☀️ Solar up 16.4%
💨 Wind up 0.9%
☢️ Nuclear up 4.3%
📈 In July 2024, China's coal imports rose sharply by 17.7%
💡 During summer peak, imported coal has price advantage over domestic coal, leading to significant increase in coal imports
📉 Crude oil imports in July down by 13.1%
📈 Natural gas imports increased by 5.6%
☀️ In first 6 months of 2024, newly installed solar reached 102 GW, up 31% compared to 2023
💨 Newly installed wind power capacity from Jan. to June reached 26 GW, up 12%
In first half of 2024, commissioning of thermal (coal & gas) power plants reached 18GW
🚗 China's new energy vehicle (NEV) production up by 28%
NEVs 40% of all vehicles produced; strong demand continues
🏛️ Government introduced subsidies for users who scrap vehicles & purchase NEVs
💡 NEV exports fell by 3.2% due to anti-subsidy investigations & EU tariffs
🥇 In July 2024, worst PM2.5 was in Northwestern China; Yinchuan, capital of Ningxia province, was top
Worst ozone was in provincial capital of Shanxi, in Fenwei Plain
Lanzhou, capital of Gansu province, had worst NO2
⚠️ NO2 is dangerous pollutant, contributes to PM2.5 & ozone
🇨🇳 CREA's August 2024 full monthly snapshot of China's energy & air pollution trends is now available in EN & CN
Find full snapshot & subscribe here:
➡ https://lnkd.in/eeMQz7Ss
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