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1093 days ago • Posted by Martin Boujol

China's demand for energy soared

More than half of the coal-produced electricity in the world came from China in 2020. However, the demand for renewables dramatically soared too, due to the country's rising energy demand. In 20 years, coal energy increased fourfold to 4,600 terrawatt hours, but renewable energy increased tenfold to 2,200 terrawatt hours! Despite other countries' effort to leave coal behind, the Chinese economy is still very much reliant on the dark material. Overall, 90 percent of the world’s electricity was generated by using coal, oil, gas and renewable sources in 2020.

Source: Statista, Ember Global Electricity Review 2021

#Commodities
China's demand for energy soared
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