China's thermal power rises in 2024, defying expectations of coal peakingChina's mostly coal-powered thermal generation ticked up 1.5% in 2024, official data showed on Friday, defying expectations that coal generation was peaking, although growth slowed to the lowest in nine years excluding the years of the Covid-19 pandemic.
The data highlighted the challenges in phasing out coal-fired power while supplying China's energy-hungry industries and advancing the electrification of its economy.