Is that >50% number production capacity or actual GWh produced?
If the former, we may see China's coal consumption fall off a cliff, since the marginal cost of renewables is approximately zero. If so, it'll appear that the coal plants were overbuilt.
Is that >50% number production capacity or actual GWh produced?
If the former, we may see China's coal consumption fall off a cliff, since the marginal cost of renewables is approximately zero. If so, it'll appear that the coal plants were overbuilt.