China's pragmatism beats principles in energy crisis: WoodMac

THE energy crisis in China could force spot thermal coal prices to around US$280 per tonne in the near-term, at the same time as driving greater investment in renewables for medium-to-long-term energy requirements, according to Wood Mackenzie Asia Pacific vice chair Gavin Thompson.

China's pragmatism beats principles in energy crisis: WoodMac China's pragmatism beats principles in energy crisis: WoodMac China's pragmatism beats principles in energy crisis: WoodMac China's pragmatism beats principles in energy crisis: WoodMac China's pragmatism beats principles in energy crisis: WoodMac

China has ramped up thermal coal production to force down prices and secure supply going into winter