Louisiana Light • 2 days | 84.39 | +0.14 | +0.17% | |||
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | |||
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% | |||
Mars US • 182 days | 77.26 | -1.51 | -1.92% | |||
Gasoline • 2 hours | 2.555 | -0.041 | -1.59% |
Bonny Light • 2 days | 84.86 | -0.57 | -0.67% | |||
Girassol • 2 days | 85.78 | -0.59 | -0.68% | |||
Opec Basket • 2 days | 84.23 | -2.94 | -3.37% |
Peace Sour • 17 hours | 72.15 | -0.05 | -0.07% | |||
Light Sour Blend • 17 hours | 75.20 | -0.05 | -0.07% | |||
Syncrude Sweet Premium • 17 hours | 82.15 | -0.05 | -0.06% | |||
Central Alberta • 17 hours | 72.55 | -0.05 | -0.07% |
Eagle Ford • 2 days | 75.43 | -0.05 | -0.07% | |||
Oklahoma Sweet • 2 days | 75.50 | +0.00 | +0.00% | |||
Kansas Common • 4 days | 72.25 | -0.75 | -1.03% | |||
Buena Vista • 5 days | 87.60 | -1.22 | -1.37% |
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Irina Slav
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Renewable energy generation capacity in China has surpassed 50% of the total this year, China Daily reported today, noting that share was in excess of 145 GW.
The report did not, however, go into detail about the energy sources included in the total renewable capacity and how much of each was in the mix.
However, in terms of production hydrocarbons still rule with a 70% of the total output, led by coal.
China is the world’s largest investor in wind and solar, but it is also investing heavily in hydropower and hydrocarbons as it pursues an “all of the above” approach to energy supply.
It became notorious earlier this year for approving the equivalent of two new coal power plants weekly, according to climate think tanks even as it also boosted it wind and solar generation capacity.
China itself says the approach is motivated by its prioritization of energy security over emission footprints.
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Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
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