中国电⼒和钢铁⾏业仍在投资⾼碳产能 ,或成“双碳”⽬标绊脚⽯
Summary
The document reports that despite China's climate goals, investment in high-carbon coal power and blast furnace steel capacity remains high. While renewable energy and electric arc furnace (EAF) investments are growing, the continued approval of coal plants and high-emission steel projects creates significant stranded asset risks. The report argues that power shortages in provinces like Sichuan are caused by rigid grid management and fuel costs rather than a lack of capacity, suggesting that further coal expansion is unnecessary if grid reforms are implemented.
Key insights
- Power shortages in Sichuan during 2022 heatwaves and droughts were not due to a lack of capacity, but rather rigid grid management—where 15 GW of hydropower was exported while the province faced a 13 GW deficit—and high fuel prices that left coal plants unprofitable.
Cite the original document
- APA
- Global Energy Monitor (2022). 中国电⼒和钢铁⾏业仍在投资⾼碳产能 ,或成“双碳”⽬标绊脚⽯. https://globalenergymonitor.org/sites/default/files/migration/reports/China-steel-and-coal-power-briefing-Sep-2022_CN_Final_11.pdf
- Chicago
- Global Energy Monitor. 中国电⼒和钢铁⾏业仍在投资⾼碳产能 ,或成“双碳”⽬标绊脚⽯. 2022. https://globalenergymonitor.org/sites/default/files/migration/reports/China-steel-and-coal-power-briefing-Sep-2022_CN_Final_11.pdf.
- Wikipedia
- {{cite report |author=Global Energy Monitor |title=中国电⼒和钢铁⾏业仍在投资⾼碳产能 ,或成“双碳”⽬标绊脚⽯ |date=September 2022 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/China-steel-and-coal-power-briefing-Sep-2022_CN_Final_11.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{globalenergymonitor2022, author = {{Global Energy Monitor}}, title = {{中国电⼒和钢铁⾏业仍在投资⾼碳产能 ,或成“双碳”⽬标绊脚⽯}}, institution = {Global Energy Monitor}, year = {2022}, month = sep, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/China-steel-and-coal-power-briefing-Sep-2022_CN_Final_11.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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