Yes it's China but it reflects pragmatism about ensuring energy security in a country that invested over US$500 billion on clean energy in 2022 (around four times what the US spent).
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China Coal Giant ‘Seizing’ Window of Opportunity for New Plants
Shenhua is building 11.75 GW of thermal power generationExperts fear China’s coal build-out threatens climate goals
By Bloomberg News
4 September 2023 at 10:12 GMT+8
China’s biggest coal company said it is “seizing” the opportunity to build more fossil fuel power plants before 2025 as the government prioritizes energy security after a series of power shortages.China Shenhua Energy Co. has 11.75 gigawatts of coal and gas generation under construction and is reviewing previously postponed and suspended projects to see which can be revived under current conditions, General Manager Xu Mingjun said at a briefing on Friday. The company is also renovating and expanding existing plants and expects to put the new projects into operation by 2025, he said.
Yes it's China but it reflects pragmatism about ensuring energy...
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