Insight
Will China choose gas or electricity for cleaner heating?
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Report summary
In 2017, the Chinese government set targets to replace the use of coal for winter heating in the north of the country. Gas used to sit at the very heart of the coal-replacement initiative. However, the excess of coal-to-gas switching last winter resulted in gas shortages and price spikes, forcing provincial governments to consider more electricity in their clean heating strategies. Read this Insight to find out: • Which fuels local governments are likely to choose. • How coal-to-gas and coal-to-electricity switching compare economically. • How the clean heating policy could further impact commodity demand.
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