02 April 2009 23:31 [Source: ICIS news]
WASHINGTON (ICIS news)--Global construction of coal-fired power plants over the next ten years will add 3bn tonnes of carbon dioxide (CO2) to the atmosphere, wiping out emissions cuts planned by the US and the EU, a consulting firm said on Thursday.
The McIlvaine Co said its study of utility projects worldwide indicates that coal-fired electric power capacity will grow from 1.759m megawatts (MW) in 2010 to 2.384m MW by 2020.
That increase will add 625,000 MW of new coal-fired electric capacity. McIlvaine said that another 80,000 MW of new coal-burning electric generation will be added as well, but this capacity will be built to replace older units being taken out of service.
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The coal-fired power additions in
“So even if the US and Europe were to cut CO2 emissions by far more than the targeted 20%, the total CO2 increase from Asia will offset it by a wide margin,” he said.
The US Congress is considering a cap-and-trade emissions reduction mandate that would cut the nation’s CO2 levels to 14% below 2005 levels by 2020 or roughly 20% below current volumes.
In addition to the 59% increase in Asian coal-burning power capacity,
McIlvaine said that many of the new coal-fired plants in
Coal will continue to be the principle electric generating fuel for Asia and
“Since planning for new coal-fired power plants occurs as much as a decade in advance, there is not likely to be a major change in the forecast through 2020,” McIlvaine said.
The complete study, “Coal-fired Boilers; World Analysis and Forecast,” is available from the McIlvaine Co website.
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