China To Focus On Coal In Power Sector Expansions

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Hira Shahnawaz Akhtar
Published on
Updated on

China has planned to increase its power generation in order to keep pace with increasing demand. As part of a five-year plan ending in 2015, China plans to add 520 GW to its current power production expanding its capacity by 54 percent. Coal will be the primary source of energy in this increase. Coal contribution in China’s energy production Coal-fired plants will contribute about 58 percent of the increase in 2015 to remain the largest contributor to China’s power generation. However, the share of coal in China’s total installed generation capacity will reduce from 68 percent in 2010 to an…

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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.