Industry News

China advances towards 2030 carbon emissions goal, cutting 4.3% thermal power consumption in May 2024

Views : 56
Update time : 2024-06-25 15:44:39

China's progressive transition from fossil fuels to renewable energy, harnessed from sunlight and water for power generation, is instilling a sense of optimism. This shift, by the world's largest polluter, is a promising step towards achieving net-zero emissions, offering a beacon of hope for the global environment.  
 

Encouragingly, the usage of thermal power, which accounts for a lion's share of China's carbon footprint, was reduced by 4.3 per cent in May from the previous year, the most significant drop since 2022.

Instead, thermal power was largely replaced by hydroelectricity. In May, hydropower generation in China surged 39 per cent after heavy rains fed a recovery in Southwest China's Yunnan province, one of the world's largest hydropower-producing regions.

Related News
Read More >>
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Apr .29.2025
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Brazil's steel imports may break Mar record in Apr Brazil's steel imports may break Mar record in Apr
Apr .29.2025
Brazil's steel imports may break Mar record in Apr
Nickel prices surge as LME inventories decline & US-China trade tensions ease Nickel prices surge as LME inventories decline & US-China trade tensions ease
Apr .29.2025
Nickel prices surge as LME inventories decline & US-China trade tensions ease
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics
Apr .29.2025
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics