China has more shale than US, but will need to keep building coal plants to keep up with ‘voracious’ energy demand

Bloomberg reports:

…China’s recoverable shale gas reserves are estimated to be 25 trillion cubic meters, 50 percent larger than those of the U.S. The government has already announced subsidies to local shale gas producers; it should also help finance new pipelines and gas-fired power plants…

Shale is no silver bullet. In the near term, China will have to keep building coal-fired plants to meet its voracious energy demand.

One thought on “China has more shale than US, but will need to keep building coal plants to keep up with ‘voracious’ energy demand”

MT Geoff says:

July 12, 2013 at 9:44 AM

Of course China has a voracious energy demand. With roughly 4X our population, many of whom have seen a decent standard of living and want to live that way, they’re eventually going to need 4X our energy. Or, if they get some really good efficiencies, 3.5X. India is in the same fix with roughly 3X our population.

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