RE: PM Energy3 Jul 2023 09:06
Mr BP
Check increase in Solar Energy capacity in China for this year & percentage AHEAD of target.
"China's rapidly increasing solar & wind energy production may push global greenhouse gas emissions reduction goals ahead of schedule" Global Energy Monitor (independent research organization).
"The country's solar power generation alone is estimated to increase the total global capacity to 85 percent by 2025..
Overall China's 2030 renewable energy transition will be five years ahead of schedule, the report said"
"However, at the same time coal fired power generators are also expected to increase. These are mostly used as BACKUP BEHIND SOLAR and WIND GENERATORS"
"It is estimated that in 2024, the capacity for Solar and Wind generators will AT LEAST DOUBLE from today"
This was from article posted June 30th and maybe clever one look at Petro Matad Renewable strategy, Mongol Govt position, mr Mike Buck comment exporting energy to China, last week State Visit & Foreign Minister visit before about DIRECT China investment in Mongolia Renewable sector AND Petro Matad statement on NEAR TERM RENEWABLE REVENUE GENERATION
Mr BP you will serve BB & investor better with proper research which look into detail. Then you will not be such a bad prophet but see more clearly sir ;)
Be happy but helpful :)