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The world s coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published on. -April 10, 2024 at 09:20 pm EDT - MarketScreener ....
Global coal power grew 2% last year, the most since 2016, GEM survey says | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
In the meantime, policymakers are making clear that economic growth remains a top priority and that growth depends largely on coal power. Beijing has a GDP target of 6% this year, a level which analysts say would allow authorities to tackle long-term problems such as the country s high debt levels. China s energy structure is dominated by coal power. This is an objective reality, said Su Wei, deputy secretary-general of the National Development and Reform Commission. CNBC translated his Mandarin-language comments, which he made late last week following Xi s separate remarks at a U.S.-led global leaders climate summit. Because renewable energy (sources such as) wind and solar power are intermittent and unstable, we must rely on a stable power source, Su said. We have no other choice. For a period of time, we may need to use coal power as a point of flexible adjustment. ....