China’s energy transition will be powered by coal ...Middle East

Economy by : (Quartz) -
China’s energy transition is navigating the tension between the country’s shift to renewables and the challenges of energy security. For China, energy security right now simply means using more coal.At a May 24 panel discussion at the World Economic Forum at Davos, energy expert Daniel Yergin, vice-chairman of research firm S&P Global, noted that while China’s 14th 5-year plan still makes investment into renewables a cornerstone of China’s climate plan, “energy security is back on the table. The amnesia about energy security has been put aside.”Energy security is a reference to a country’s need to supply stable, affordable energy to its citizens. As it stands now, the supply of renewable ene

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