This could be world-changing news. According to Xinhua, the Chinese State media agency : ” China’s coal consumption growth slowed in 2013, with the price of coal declining, according to the China National Coal Association “
Several factors are explaining this : old inefficient coal-fired plants are being closed and replaced by more efficient ones, environmental protection is being strengthened and the economic growth of the country as a whole is slowing down.
As a result, coal consumption in China grew by 2.6 percent only last year, a huge change from the 9% or more annual growth witnessed in 2009.
The huge blackout in India that affected 700 million people earlier this month has taught us a valuable lesson : big coal fired plants failed and little solar installations delivered to the point to they look like a no-brainer.
To the