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Grid emissions hit record low, as renewables displace coal and prices plunge, page-180

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EyeoftheTiger

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03/08/20

12:51

Post #: 46263800
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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.

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If renewables are sooo amazing why doesn't some country just go 100% renewable and dominate the rest of the world economically??????
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