RTCC: Coal power generation in China will peak in 2024 as the country shifts to renewables, analysts at Bloomberg New Energy Finance predict.
As China considers an emissions cap and amid rising concern over smog in its large cities, the country`s plans to expand polluting coal power generation are under scrutiny. One Chinese energy expert told RTCC he hoped peak coal could come as early as next year.
However, BNEF forecasts coal will continue to dominate the Chinese electricity mix for the next ten...