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IEA Report Highlights China's Surging GDP and Energy Demand

IEA Report Highlights China's Surging GDP and Energy Demand

power

Industry Segment: Power | Word Count: 1042 Words
Attachment: GDPenergyDemand, GDPregionalChange, CoalConsumption, GlobalGDP

SUGAR LAND--April 21, 2021--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--"China is back" is the top-line takeaway from the annual report on global energy use prepared by the International Energy Agency (IEA) (Paris). China's economic resurgence--its gross domestic product (GDP) rose 18.3% for the first quarter, compared with the year-earlier quarter--carries important implications for global coal demand, oil demand, renewable energy and carbon dioxide (CO2) emissions.

Within this article: Where the global fossil-fuel and renewable markets could be headed, given China's economic revival.

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