2 days ago
China's Gas Sector Lobbies for More Power Plants to Boost Demand
China's natural gas producers are lobbying Beijing to increase the number of power plants that run on the fuel, in a bid to help prop up faltering demand.
The power sector — which currently accounts for 18% of China's gas consumption — is viewed by the industry as a key engine of growth, according to people involved in advising on energy policy. Under the sector's latest proposal, China would build nearly 70 gigawatts of new gas-fired capacity by 2030, an almost 50% increase from 2025's estimated level, they said, asking not to be named as the plan is not public.
