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Subject
The outlook for China's power generation sector.
Significance
Electricity consumption in the first ten months of the year rose by 6.7% year-on-year, up from a 5.0% increase in 2016, suggesting that China's electricity consumption will grow at the fastest rate this year since 2013.
Impacts
Coal-to-gas-switching in northern China introduces a seasonal element of new demand to the global liquefied natural gas (LNG) market.
China is likely to build new LNG import capacity in the north or reconsider a second major Russian gas pipeline, the Altai project.
Despite the coal-to-gas switching, stronger economic growth will see Chinese coal use and greenhouse gas emissions rise.
Keywords:
China,
AP,
industry,
coal,
electricity,
energy,
gas,
environment,
pollution,
renewable energy
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2017
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