China’s Fossil Fuel Power Output Set for First Drop in a Decade
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000China’s fossil fuel power plants are on track to chart their first annual drop in generation in a decade as renewables flood the grid to meet rising demand. Thermal electricity output fell 4.2% in November, according to data published by the National Bureau of Statistics on Monday. Generation from coal and gas-fired plants is down 0.7% this year, on track for the first annual decline since 2015 unless there’s a sharp jump in December.