... cost of capital in the region, China is the net producer of PV cells. At the same time, its power sector growth started slowing down, what is, as strange as it might seem, accompanied by increase in annual capacity build-up coming both from coal and renewables. While China is de jure supporting decarbonization, it is de-facto building a new coal power plant every week, what makes it have an average 30% reserve margin of capacity across the country (whereas in the US, for instance, it’s below 15%). On the one hand,...
... arsenal. Gas markets are not interconnected, and even though prices are based on regional specificities, apparently states will negotiate with shale developments in their mind. A real game changer could be unconventional gas developments in Poland and China; in the case of the latter especially as it holds the world’s biggest reserves of shale.
- There is Future in Alternative Energy and Renewables… in the Future:
Renewables will make steady progress, rising from the current 1% to around 4.5% of the global energy total. There has been a breakthrough in costs for renewables leading to an increase in production, but in most energy ...
