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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.
million) toward a $30-million underground coal gasification (UCG) project with Swan Hills Synfuels of Calgary. Swan Hills Synfuels expects the project to demonstrate the ability to manufacture synthetic gas from Alberta’s coal resources, with the future potential of utilizing the coal seams for carbon capture and storage.
Some production activities are relocating from China and India to other developing countries, such as Indonesia, Vietnam and Thailand, particularly for raw materials and intermediate goods production in energy-intensive sectors. —Prof Guan.
Avoiding new coal-fired power plants and accelerated phasing out of existing plants—while ensuring careful handling of issues such as employment, investor interests and grid stability—would help the emissions picture. In early 2017, an additional 273 GW of coal-fired capacity was under construction and 570 GW in pre-construction.
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