CHINA-ENERGY: CHINESE RESEARCHER CHALLENGES ESTIMATES THAT CHINA HAS FUNDED 70 PERCENT OF THE WORLD'S COAL-FIRED POWER PLANTS

A Chinese researcher Tan Hao, Associate Prof. at the University of Newcastle Business School recently (September 28) challenged in the FT Chinese that international estimates that China had funded 70 per cent of the world's coal-fired power plants. He said "China provided financial support to a total of 81GW of coal-fired power stations worldwide from 2009 to 2020. Meanwhile, a total of 335 GW of coal-fired power projects outside of China have been completed during this period. In other words, in the past 12 years, Chinese-funded projects accounted for only about 11% of the world’s newly operating coal power projects. Only in three years (2013, 2018, and 2020), more than 20% of the completed coal power projects involved Chinese funds. In seven of the 12 years, China-funded overseas coal-fired power projects accounted for less than 10%." 





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