Quote:
Originally Posted by Azure
Isn't the 'replacing coal for generating demand' kind of misleading if coal usage is still growing in countries like China?
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I would not necessarily take an increase in coal plant construction in China as a guarantee of future increases in coal consumption. As it's not a capitalistic model, incentives are sometimes misaligned economically. Massive renewable generation coming on line next year, hydropower recovering from unprecedented drought, mixed with a flattening of the demand means that much of the coal fleet will be underutilized. China added over 230GW of solar in 2023! Their renewable additions in 2023 alone will generate as much electricity as all of France. It's insane how much has been added!
https://www.iea.org/news/global-coal...n-coming-years
In some other countries, like India, there's likely to be an increase in coal consumption, yes.