From NOT A LOT OF PEOPLE KNOW THAT
By Paul Homewood
h/t Philip Bratby
China is constructing an enormous array of latest coal-fired energy stations, doubtlessly greater than the working capability of the US, regardless that it is aware of the vegetation will in all probability by no means be totally used.
The puzzle of why the world’s main installer of fresh power is investing a lot within the worst polluting — and more and more costly — fossil gasoline exhibits the depth of Beijing’s concern over the worldwide squeeze in power provides. Nevertheless it additionally displays planning for a gradual relegation of coal’s position, from prime energy supply to a broadly accessible however usually idle backup to China’s quickly increasing renewables fleet.
Who writes this drivel?
There is just one motive why China continues to be constructing new coal vegetation – that’s as a result of they know that they want dispatchable energy, and never intermittent renewables. Even in case you consider Xi’s promise to hit web zero by 2060, they may nonetheless want plenty of coal energy within the meantime. A lot of its older coal capability will probably be lengthy passed by then.
As well as, rising demand for electrical energy can’t be wholly met by wind and solar energy.
As for this “quickly increasing renewables fleet”, doesn’t Bloomberg really examine the information? Wind and solar energy nonetheless solely account for a tiny 11% of electrical energy era.
