FAQ?
Will China's power demand rise this year?
China's power demand is expected to rise to around 6 per cent this year from 3.6 per cent last year, thanks to the country's earlier-than-expected reopening after scrapping its zero-Covid policy, said Fitch Ratings.
How much coal do China and India use?
China and India account for 60 per cent of global coal use and have pledged to slash emissions to reach a target of net zero by 2060-2070 However, consumption of the fossil fuel in both nations has increased as industrial activity rebounds after three years of Covid
Is India going to achieve net zero by 2070?
"There is some emphasis on increasing coal production and use to meet increasing demand on account of high economic growth," said Vibhuti Garg, director of South Asia at IEFA. "While India has long-term plans to achieve net zero by 2070, coal will continue for some time before it reaches its peak," she added.
Will China's coal consumption plateau through 2025?
Even though analysts expected China's coal consumption to plateau through 2025 and renewable energy to rise, the new approvals for coal mining and power capacity means there is uncertainty about what comes next as the fuel remains the default electricity supplier.
