China is unlikely to see large-scale power shortages this summer even with heatwaves driving up demand for cooling and more frequent droughts threatening the country’s hydropower output, analysts said.
Coal-rich and natural gas-poor China must place bigger bets on both carbon capture and energy storage technologies, as it navigates a decarbonization route that includes a huge renewable energy build-out while ensuring energy security, according to analysts.
Elon Musk has given credit to China for its hard work in renewable energy and electric vehicles. The Tesla CEO’s points were shared on both Twitter and Weibo. “Few seem to realize that China is leading the world in renewable energy generation and electric vehicles. Whatever you may think of China, this is simply a […]