Gas-Fired Power Generation in China: Opportunity or Road Block?
Mondaq Business Briefing › Nbr. 2004, May 2004
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Gas-Fired Power Generation in China: Opportunity or Road Block?
By Peter Roberts and Russell Wilkinson
China is a vast potential market for natural gas. The second largest primary energy market in the world after the U.S., its energy demands are growing apace with its accelerating GDP. At around 3 percent of the market, natural gas is by world standards under-represented in the Chinese primary fuel mix, but its consumption is predicted to contribute disproportionately to growth in Chinese energy demand, with some suggesting gas might represent 10 percent of the primary energy mix by 2010. The Chinese government seems keen to develop China's gas sector, in particular to address some of the country's severe pollution problems by substituting gas for "dirtier" coal and oil. This backdrop might be expected to offer substantial opportunities to participate in gas infrastructure projects, with gas-fired power generatio...See the full content of this document
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