Love this Fact !!Meanwhile, Japan is planning to build some 21...

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    Love this Fact !!


    Meanwhile, Japan is planning to build some 21 coal-fired power plants with a total capacity of more than 12,000 megawatts over the next decade or so.

    Last week, John Hanekamp, a coal-industry consultant based in St. Louis, told me in a phone interview that global supplies can’t keep pace with demand. He said that domestic power generators are competing for coal with European utilities who are struggling to find enough hydrocarbons to keep the lights on. “There’s a bidding war because there isn’t enough coal to go around,” he said.


    https://hotcopper.com.au/data/attachments/3997/3997718-e88ad430caa8154ebfb472ab208b332b.jpg
 
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