The growth in coal power generation in China is beginning to slow down as regional authorities seek to redirect investments to low-carbon energy, Bloomberg reports. The report notes the continual increase in coal production and coal-powered generation in China over the past seven years, with generation reaching a record in 2023. At the same time, however, Bloomberg reports that this growth has led to a glut that has pushed down coal companies’ bottom lines. China has set itself 2025 as a deadline for its coal demand peak. With just a…
