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10/17/2024 1:54:53 PM
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Section 17: Energy & Climate Subject: Clean Energy Msg# 1213377
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I'd suggest there's two sides to that story.
China dominates global energy markets, from record construction of coal-fired power plants around the world to speedy permitting of nuclear energy projects. China accounts for the top 10 suppliers of solar panels in the world. Washington Examiner China accounted for 95% of the world’s new coal power construction activity in 2023 . . . Construction began on 70 gigawatts (GW) of new capacity in China, up four-fold since 2019 . . . This compares with less than 4GW of new coal power construction starting in the rest of the world – the lowest since 2014. . . China’s 70.2GW of new construction getting underway in 2023 represents 19-times more than the rest of the world’s 3.7GW. . . . The level of new construction starting in China is nearly quadruple what it was in 2019, when the country hit a nine-year annual low of entirely new coal power stations starting. Carbon Brief Besides the issue of intermittency of solar and wind power, the land requirements of solar is competing with acreage needed for agriculture, as well as the non-recyclable waste after 20 years. This makes nuclear a clearer choice. And nuclear offers 24 hr. coverage. Folks should also be aware that AI, new data centers and chips production are factors accelerating the pressures on higher energy needs. Also be aware that energy planners & grid operators are warning (almost shouting) about potential energy shortages and potential blackouts. |
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For reference, the above message is a reply to a message where: From the Washington Examiner: The IEA pointed to growing spending on clean energy, particularly in China, as the driving force of this new era. The agency said that in less than 10 years, China is expected to see solar power generation that could alone exceed the entire electricity demand of the United States. Globally, around 560 gigawatts of new renewables capacity was added in 2023. |