Despite a slight rebound in coal-fired power generation in China, analysts still project a gloomy long-term outlook for the country’s coal power sector. Cooling economic stimulus and growth in alternative and “cleaner” sources of power will combine to stagnate coal-fired generation, according to BMI. The slight increase in coal generation stems in large part from a ramp-up in power demand from China’s heavy industry sectors this year, but BMI said it does not envision growth being maintained over the coming years. The government’s strong commitment to curbing coal use, combined with slowing consumption and growth in other power generation segments will ensure that coal’s relative importance in China falls over the coming decade. Slow growth will erode coal’s share in China’s power mix from 65 percent in 2017 to 52 percent in 2026.
– via World Coal