obin, you are judging an industrial machine by ESG standards. The 'Mirage' you see is actually a Strategic Arbitrage.
From a manufacturing perspective, the color of the electron doesn't matter; its Stability and Cost do.
That massive blue block of Thermal Power isn't a bug; it's a feature. It provides the cheap, dispatchable Base Load necessary to run the factories that produce the world's solar panels and EVs.
While the West destabilizes its grid by chasing intermittency before storage is ready, China is using 'Dirty Power' to subsidize the production of 'Green Goods.'
They are effectively exporting the Green Transition (finished goods) while keeping the Entropy (burning coal) at home. This isn't a failure of electrification; it's the ruthless efficiency of 'The Great Bifurcation' in energy markets.
I analyze this specific energy-industrial complex here:
Green energy sectors create huge amount of job for the Chinese and driver for their GDP. They are all in for the green revolution regardless what other countries are doing.
It’s a little disappointing that someone with the author’s credentials basically presents as something noteworthy what is little more than a chart and a quotient.
Perhaps another way of looking at this is if China hadn’t made such an enormous investment in wind, hydro, nuclear & solar they would be burning about 50% more coal than they currently are.
I agree this debate gets hijacked by hype and good data is ignored if it doesn’t meet the proponents world view.
My take, China burns an enormous amount of coal and coal consumption continues to grow but they could be burning a great deal more than they do.
Electrification in China is about reducing reliance in imports: It allows for the substitution of imported oil by domestic coal.
other sources report 25% of electricity generated by wind and solar https://www.renewableinstitute.org/wind-and-solar-reach-25-share-of-chinas-electricity-mix/
"Renewable institute"? How neutral and objective! It's probably 50%
obin, you are judging an industrial machine by ESG standards. The 'Mirage' you see is actually a Strategic Arbitrage.
From a manufacturing perspective, the color of the electron doesn't matter; its Stability and Cost do.
That massive blue block of Thermal Power isn't a bug; it's a feature. It provides the cheap, dispatchable Base Load necessary to run the factories that produce the world's solar panels and EVs.
While the West destabilizes its grid by chasing intermittency before storage is ready, China is using 'Dirty Power' to subsidize the production of 'Green Goods.'
They are effectively exporting the Green Transition (finished goods) while keeping the Entropy (burning coal) at home. This isn't a failure of electrification; it's the ruthless efficiency of 'The Great Bifurcation' in energy markets.
I analyze this specific energy-industrial complex here:
['The Great Bifurcation' article] https://chinarbitrageur.substack.com/p/the-great-bifurcation-when-the-world?r=71ctq6
Green energy sectors create huge amount of job for the Chinese and driver for their GDP. They are all in for the green revolution regardless what other countries are doing.
Where did you get your data from??? China produces ~10,000 TWh/year today, not 850!!!!
It’s a little disappointing that someone with the author’s credentials basically presents as something noteworthy what is little more than a chart and a quotient.
Source for the graphs?
Perhaps another way of looking at this is if China hadn’t made such an enormous investment in wind, hydro, nuclear & solar they would be burning about 50% more coal than they currently are.
I agree this debate gets hijacked by hype and good data is ignored if it doesn’t meet the proponents world view.
My take, China burns an enormous amount of coal and coal consumption continues to grow but they could be burning a great deal more than they do.
Confirming coal is not significant to Chinese economy