China Generates Less Than Half of Electricity From Coal in First Half of Year, Weakens LNG Demand
worldchinabusinessenergy-marketscoalnatural-gas 4 posts · 2 accounts
China generated less than half of its electricity from coal during the first six months of the year, marking the first time the national power mix has dipped below the 50% threshold.
The shift in the energy mix weakens a primary driver of global liquefied natural gas demand, reflecting a broader transition that market observers have characterized as a symbolic milestone for the country’s power sector.
From the sources (4 posts)
@reutersChina's shifting energy mix weakens pillar of global LNG growth
@reutersChina generates less than half of its electricity from coal for the first time
@businessLess than half of China’s electricity came from coal in the first six months of the year for the first time, a symbolic milestone
@reutersChina's shifting energy mix weakens pillar of global LNG growth