Dim Sum Express

Environmental: Clean heat supply to be achieved through centralization and fuel substitution

    While 2017 will be the year for assessing the implementation of the air pollution treatment action plan, a YoY deterioration in air quality data (especially in the Jingjinji region) so far this year has made it difficult for preset air pollution control targets to be met, adding to the urgency of promoting clean heat supply. Clean coal usage can be achieved through centralized heat supply, integrated heat-power generation and the use of efficient ultra-low-emission coal burning technology. Furthermore, clean fuels such as natural gas and biomass can be used as substitutes for coal. We estimate that the industrial coal furnace renovation market might be worth Rmb157.7-262.8bn.