energysource issue 18 03 Apr 2017

The Changing Mix of Power Generation in Asia: Renewables make their mark but there is still a role for coal

There is an increasing anti-coal, anti-carbon sentiment in the global market for new electricity generating capacity. At the same time, there is acute demand for increased generating capacity in Asia, cheap thermal coal remains at its most available in some years and budgetary pressures on emerging Asian economies have been exacerbated by lower commodity prices and the slow growth in the Chinese and global economies. This creates a tension between the economic realities of Asia’s need to develop affordable new generating capacity and the anti-coal sentiment building globally.

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