On a flat, dusty patch
of land 13 kilometres west of Yulin in the heart of
China s coal country, construction workers braved sub-freezing
temperatures at the site of a planned 700 megawatt .
China has decommissioned 70.45 gigawatts (GW) of coal-fired plants in the last decade, and is building far more renewable energy capacity than any other country. Analysts say coal use may peak as soon as this year.
International energy companies,
from Germany s RWE to Spain s Iberdrola, are urging Japan to
beef up offshore wind power auctions and make investments more
attractive, amid soaring installation costs.
Seaborne iron ore prices are
set to climb to as much as $150 per ton in the first half of
2024, according to analysts who have lifted their estimates on
expectations of increased demand in China after.
BEIJING : Seaborne iron ore prices are set to climb to as much as US$150 per ton in the first half of 2024, according to analysts who have lifted their estimates on expectations of increased demand in China after recent stimulus measures.The price outlook compares with earlier estimates of US$130 per ton,