During the China Coal Import International Summit held in Xiamen, the National Coal Association of China revealed that the country was nearing peak coal consumption. Zhang Hong, the association’s deputy-secretary general, added that concerns on energy security would cause coal use to level for a while after it peaked. He also noted that the growth recorded in the solar and wind industry in 2023 would decrease coal demand in the power sector.
This announcement comes after China Petrochemical Corp stated late last year that it expected the country’s consumption of coal to hit almost 4.4 billion metric tons by…
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