China January-September 2017 energy imports:

• oil - 12,2% rise
• gas - 22,3%
• coal - 10,8%

Consequences

As of January 1st, China has suspended production of 553 car models that didn't meet its fuel efficiency standards.

China hopes to hold gas and oil prices using such measure. Even if it won't all last long.

Coal and steel production drops

In 2017 China had been forced to reduce steel production by 50 million tons, due to coal production drop of 150 million tons.

In 2018 steel production to further drop by 30 million tons , and coal will drop another 150 million tons.

Situation becomes quite dangerous.

Gas demand

Such peaks make conflict (initially trade one, but later military) inevitable. No matter the good will.

Auto sales

The PRC authorities will oblige regional grid companies to purchase at least 40% of the energy produced from renewable sources - wind and sun. This is stated in a government document referred to by Reuters. According to the project, grid companies will annually increase the volume of “green” electricity. At present, the volume of renewable energy sources is 28.2%. Despite plans to reduce carbon emissions, China built several new coal-fired power plants in 2020, with a total capacity of 38.4 GW, more than three times the size of new CHP plants worldwide. At the same time, China has more than doubled the construction of wind and solar power plants in 2020.

Huge injections are being made by EU, China and US into making renewable energy sources. Most of them are being build on government money or using money printed and credited by banks under COVID pretense.

Issue is horrible stability where you can have output dropping to 2-10% in single hour and it can keep at this for week or two.

The confident recovery of the Chinese economy has led to power outages for dozens of industrial hubs in the south of the country.

Officials have ordered factories in Guangzhou, Foshan and Dongguan that make consumer and high-tech goods to cut their electricity use or even shut down their operations for one to three days a week.

These cities are located in Guangdong province, where the demand for electricity from enterprises exceeds supply. In January-April, electricity consumption in a number of Guangdong cities along the coastline between Hong Kong and Macau grew by 30% on an annualized basis.

The head of the EU Chamber of Commerce in southern China, Klaus Zenkel, said the problem affected about 100 companies that make up the organization, and further interruptions in power supply could negatively affect foreign investment in the region.

And it will be all much worse.

"China continued to buy large quantities of coal from the United States in March, moving it closer to meeting its obligations under the US-China trade deal and replacing Australian coal exports that were banned in October." yahoo Finance

Coal returns

Operations at 53 shuttered coal mines in China will once again come to life, as China struggles to keep up with increased power demand, according to a statement by the National Development Reform Commission in China.

Last week, China announced it would restart 38 coal mines in Inner Mongolia. Now, China has announced it will resume operations at 15 more coal mines, in the regions of Shanxi and Xinjiang. The mines will operate for a year and will produce as much as 44 million tons of coal, which China hopes will satisfy the growing calls for power amid an intense heatwave and tick up in industrial activity.

China has struggled to answer the calls for both increased power and decreased emissions.