China’s Energy Transition: Walking a Thin Line Between Decarbonization and Disruption

China’s efforts to decarbonize its power sector have triggered intense debate about the role of its existing fossil fuel-based electricity system and the extent to which the system will have to be recalibrated.

There is general consensus that an electricity supply chain based predominantly on renewables will have to be fundamentally different from one based on fossil fuels, mainly to handle intermittency issues and introduce market-based mechanisms for both power and carbon trading.

View entirety: S&P Global Platts