Power generators could come under pressure by paying near-record coal prices to ramp up supply during the coming winter. Higher electricity prices may be needed to ease the pain.
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China aims for greener energy mix with higher non-fossil fuel target
Beijing’s 2025 goal is in line with climate commitments made last year by Xi Jinping, analysts say
Wind and solar sources offer best potential, given nuclear reactor risks and little room for hydropower growth
China’s top steelmakers see strong demand in 2021, but slow shift to carbon neutrality
Chinese steel producers remain bullish about domestic demand this year, but have expressed concern about high iron ore prices
The transition to greener methods of production is likely to take a back seat to consolidation of steel mills, steel producers say