Does one ever wonder why China has one of the cheapest cost of...

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    Does one ever wonder why China has one of the cheapest cost of Electricity around the world ?

    Answer is Coal Gas & Nuclear by using 70% Fossil fuels for their electricity production as of September 2023
    With a large majority sourced from Australia rolleyes.png


    Renewables now account for half of China’s installed capacity, but there has also been a surge in permits for new coal-fired power plants, and China still generates about 70 percent of its electricity from fossil fuels.
    This means actual renewable energy use is lagging behind installed capacity.

    https://www.statista.com/statistics/263492/electricity-prices-in-selected-countries/

    https://hotcopper.com.au/data/attachments/6271/6271138-4965352e15f79ab1a012950e1bf7aa2a.jpg

 
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