Wind & solar outpace coal in China by 2030 - Bloomberg

A new analysis by Bloomberg New Energy Finance finds China will add more renewable power capacity than coal. The implications extend beyond China. What Japan did for consumer electronics, China will do for solar and wind.

Bloomberg New Energy Finance (BNEF) has released analysis which finds renewables will make up more than half of new power capacity growth in China to 2030, across a variety of plausible scenarios. By 2030 total installed capacity of renewable energy power plants will equal that of coal.

This study sought to examine how technological and economic changes might realistically alter the make-up and growth of China’s power sector. They found that coal’s dominance will be challenged by:

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