It's economics, stupid!
... 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, such a mismatch (when coal use occupies 2/3 of the energy mix and only keeps growing ) makes experts doubt the possibility of the transition to renewables. However, on the other hand, the fact that there is a new power plant popping up each week does not necessarily contradict the Chinese pivot to RES. Unlike solar farms, which can be constructed in a friction of the year, it takes at least a ...