The world’s net capacity additions of coal-fired power generation rose in 2019 for the first time since 2015, due to a surge in the Chinese coal fleet, a new report from environmental organizations shows.
https://oilprice.com/Latest-Energy-News/World-News/Chinas-Coal-Rush-Causes-Global-Capacity-To-Rise-For-The-First-Time-Since-2015.html
Combined this with the current price war on oil and gas which would invariably lead to supply reduction - we are going to see a coal boom soon IMHO
TER now has to focus exclusively to get its gearing ratio under control and bring them down to the acceptable 25-30% within a year or 2 on back of this coal boom (if it eventuates)
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- Coal Fired Plants Capacity to increase significantly
Coal Fired Plants Capacity to increase significantly
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