China Leads Global Coal Power Additions Despite Renewables Push
Market Intelligence Analysis
AI-PoweredChina's coal consumption and new coal-fired power generation continue to rise, driven by the country's growing energy demands, despite its efforts to invest in renewables and battery storage.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
China continues to nearly single-handedly prop up global coal consumption and new coal-fired power generation, despite being also the world’s leading investor in renewables and battery storage. China is set to commission as many as 85 coal-fired power generating units this year, out of a total global of 104 coal projects slated for start-up in 2026, according to data by non-profit Global Energy Monitor (GEM) cited by the Financial Times. Of all the 63 gigawatts (GW) of coal-fired power generation expected to begin commercial operations…
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