Electricity

China pledges to stop building new coal power plants abroad

power-plant-coal-china

Photo: grunzibaer from Pixabay

Published

September 22, 2021

Country

Comments

0

Share

Published:

September 22, 2021

Country:

Comments:

0

Share

China, the biggest builder of coal-fired power plants in Balkan countries, is set to stop developing new coal power projects outside of its own borders, according to an announcement by President Xi Jinping.

Addressing the 76th session of UN General Assembly via video link, Xi said that China will increase its support for developing countries’ green and low-carbon energy projects, and he stressed the need for speeding up the transition to green and low-carbon energy.

Xi: China will increase support for green energy projects in developing countries

Xi also reiterated China’s intention to achieve carbon neutrality by 2060, with CO2 emissions peaking before 2030.

Chinese contractors working on coal power projects in Serbia, BiH

One of the biggest Chinese companies, Power Construction Corporation of China (PowerChina), signed a contract in 2020 to build the Kolubara B coal-fired power plant in Serbia, but the Serbian government cancelled the project earlier this year.

The move is seen as Serbia’s first serious step in the energy transition process.

Another Chinese company, China Machinery Engineering Corporation (CMEC), is already building a third, 350 MW unit at thermal power plant Kostolac B, east of the Serbian capital Belgrade.

Chinese firms are working on two coal-fired power plants in Bosnia and Herzegovina

In Bosnia and Herzegovina, China Electric and Polish-Chinese firm Sunningwell International have announced an engineering, procurement, and construction (EPC) deal for the Ugljevik 3 thermal power plant.

Also, Gezhouba Group and the Guangdong Electric Power Design Institute from China are working on the construction of unit 7 at the Tuzla thermal power plant.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Maritsa-East-3-KKR-bulgaria

US-based KKR set to take over ContourGlobal

20 May 2022 - US-based KKR is set to take over Bulgarian thermal power plant Maritsa East 3, as well as wind and solar capacities in Austria and Italy

Industry draws first global definition of green hydrogen

Industry draws up first global definition of green hydrogen

19 May 2022 - The Green Hydrogen Organization (GH2) has published a Green Hydrogen Standard - for certification and labeling, and greenwashing prevention

Slovenia faces electricity price hikes this year

Slovenia expects electricity price hike in Q3 2022

18 May 2022 - The end of the war in Ukraine would lead to lower electricity prices, said Aleksander Mervar, ELES CEO

Which countries in Western Balkans intend to introduce carbon tax cbam

Which Western Balkan countries intend to introduce carbon tax?

18 May 2022 - Countries are doing so in order to accelerate decarbonization, but also to avoid paying the carbon border tax announced by the EU