China has been slow to institute electricity markets. That is on the way now.

https://www.sciencedirect.com/science/article/abs/pii/S0301421520304444

https://global.chinadaily.com.cn/a/202512/11/WS693a246aa310d6866eb2e0fa.html

by Energy_Balance

2 comments

  1. China is the world’s largest consumer of coal. The grid is powered by 51% coal fired turbines. They have more photovoltaic panels manufactured than can be sold to the world. Building solar farms is a good way to reduce inventory.

  2. Market modernization in action. Meanwhile, in the US, grid upgrades mean NIMBY lawsuits, endless zoning drama, and a whole lot of engineers stuck in review meetings instead of actually building something.

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