Insight
How will recent declines in gas prices and tariffs for power plants impact China's gas demand?
Report summary
Since July, China’s key coastal provinces have reduced on-grid tariffs for gas power plants by 20-30%, in some cases to the same level as coal-fired power. This ‘coal parity’ initiative has a huge impact on the economics of the current fleet and investment decisions for new units. If these unfriendly policies are maintained, it could lead to a 17% reduction in gas demand by 2025 compared with our base case view.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
North America gas short-term outlook: Henry Hub generates support while Waha falls into an abyss
Can prices rebound to $3/mmbtu by the start of winter?
$2,000
Asset Report
West East Gas Pipeline III
West-East Pipeline III (WEP III) is connected to line C of the Central Asia-China Gas Pipeline.
$2,150
Insight
A delayed energy transition
3 ˚C warming pathway
$1,050
