Wind and solar power are set to be cost competitive with coal-fired stations, even without subsidies, says US investment bank Lazard.
The new battery reacts within a fraction of a second, far faster than conventional plants can with their rotating masses.
Reaction of the coal industry to the recently released Chinese restrictions on dirty coal use in key coastal regions reveals an industry in deep denial.
China’s gross domestic product (GDP) growth and coal consumption have decoupled, suggesting a structural shift in Chinese economy.
China’s coal use dropped for the first time this century — while the country’s gross domestic product (GDP) actually grew.