Originally Posted by
43Inches
Actually was reading some local press regarding the CCPs plans for integrating renewables into the grid and dropping coal plant generating hours average across the grids. The plant operators are arleady complaining they are operating at financial loss and the reduced hours will be unsustainable. Their target for 2025 is 33% renewables. Coal is used because of its widespread availability in China and how fast you can bring it online, not really cost. Its still running at a loss there. Have to remember that current renewables in China could power Australia 100%.
Currently China has 700 GWH of solar/wind generation with another 1300 GWH to be online by 2025. The total Australian grid generation including coal and renewables is under 300 GWH. So less than half of Chinas wind and solar, and then they have massive hydro as well.
Hmmm… where’d yer get all that
43Inches ? …CCP press release perhaps..
What about all that increased coal imports from North Korea ? seems them ‘trustworthy’ Chinese commys are doing a little bit of sanctions busting. Were that in the press release ?
https://www.rfa.org/english/news/kor...022190512.html
What about the increased coal imports from Russia. Seems the Russians have an on-going rail construction programme to aid in the increased coal exports. Thousands of kilometres of new rail line laid to increase coal freight. And then there’s the increased shipping:
“…There are two large coal suppliers in the region – Kolmar and Elgacoal. Both companies intend to enhance production volumes as well as the existing port capacities. A terminal VaninoTransUgol (VTU), constructed by Kolmar’s subsidiary, assumes a gradual increase in coal handling capacity from current 12 mio t per year up to 24 mio t by 2022.
Albert Avdolyan’s A-Property also plans to construct a coal terminal in the port of Vanino with annual capacity of 30 mio t by 2024 and build a washing plant at Elga with a processing capacity of 32 mio t at the first stage (end of 2021) and 45 mio t at the second stage…”
https://thecoalhub.com/russian-gover...expansion.html
Lets have a look-see at the supposedly ‘official’ China coal imports. Make sure yer hits the past 25 years button on the graph:
https://tradingeconomics.com/china/imports-of-coal
…Down a little..
