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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: longz who wrote (1424532)	11/8/2023 4:05:25 PM
From: Eric	1 Recommendation Recommended By longz Read Replies (2) \| Respond to of 1577833

What I find interesting is what's going on in China. The average coal fired plant (that's actually operating) is operating at less than 50% output. Electrical demand growth in in China has taken a big drop the last few years. The economy is not growing. Actually pretty flat. Meanwhile large scale PV installations and wind power installations continue unabated. Their last five year plan was way, way too optimistic on power consumption thus the decreased demand for coal fired generation. The build cycle for them has essentially stopped! Over time they will import less and less coal, not to mention other fossil fuels. Saving them a lot of money that can be applied to more internally built RE. That virtuous cycle just saves them lots of money that they can spend internally. Scaling the manufacture of more pv's and wind turbines.. And they are exporting a LOT of the two above!