Quote:
Originally Posted by Tinordi
I should have been clearer about China. Renewables are poised to start replacing lost coal capacity starting now in China.
Big capacity retirements are planned in the next 5 years and renewables will be looked to to fill in most of the gap. Renewable capacity additions are planned to account for half of all net capacity additions in non-OECD countries. China will account for 40% of global renewable capacity growth. That's from the IEA.
Globally new renewable capacity acounted for 45% of global net new capacity additions. How is this not huge?
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What types of generation are you classifying as renewable?
Not giving you the gears, I'm genuinely curious. Growth is still crazy in China and the air quality is disgusting; from what I have been told it is caused by coal power plants and cars.
I was always under the impression they are building out their power requirements with nuclear. I see them under construction all over the place, but have never looked at the capacity numbers.