Australia's largest stock trading and investment forum Australia's #1 stock forum

I'll happily accept renewable power when a solar panel works...

First 179 Last

Share
Profile

Follow
EyeoftheTiger

7,885 Posts.

170

03/08/20

12:50

Post #: 46263744
Share

Originally posted by acorn: ↑

https://reneweconomy.com.au/global-coal-generation-capacity-falls-for-first-time-ever-in-2020/

Here's a really interesting comment from the article:

" However, the growth in capacity has outstripped the growth in demand and will see the average utilisation rate drop below 50 per cent. The oversupply of coal power station capacity in China is so high that the average utilisation rate of plants could fall below 45 per cent by 2025. '

Remember how the coal trolls keep banging on about the 24/7 coal fired power ? Remember them crying about the uptimes of renewables ?

Best they don't quote China next time in their argument.

" Global installed capacity of coal fired power stations is set to record a decline for the first time in 2020, as the growth in coal retirements outpaces the construction of new power plants.

A new assessment of global coal power capacity publish by Global Energy Monitor, found that 21.2GW of coal fired power stations were decommissioned in the first half of 2020, compared to 18.3GW of new coal fired plants completed during the same period.

Expand

I'll happily accept renewable power when a solar panel works without sunlight and a windmill keeps churning out power without wind.
1 Upvote

Reply

Top Stories

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

FHE

Frontier Energy achieves key milestone for Waroona energy project

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

There are more pages in this discussion • 296 more messages in this thread...

First 179 Last

SPONSORED BY