China’s long-running effort to build out its energy sources is getting fresh momentum from the war in the Middle East, reinforcing a strategy that’s sent grid operators on a bond-selling binge and funneled hundreds of billions of dollars into the market...

“China’s infrastructure build out is far more efficient than that of most countries, and the power grid is no exception,” said Penny Chen, a senior director with Fitch Ratings. As surging power prices become a binding constraint on AI and manufacturing ambitions elsewhere, that advantage is set to widen.

https://archive.ph/BnlgJ#selection-1543.0-1543.305

I thought they used coal ..... why would oil affect them?

China gets things done , whatever you think about them.

regards worgeordie

10 minutes ago, Alan Zweibel said:

China’s long-running effort to build out its energy sources is getting fresh momentum from the war in the Middle East, reinforcing a strategy that’s sent grid operators on a bond-selling binge and funneled hundreds of billions of dollars into the market...

“China’s infrastructure build out is far more efficient than that of most countries, and the power grid is no exception,” said Penny Chen, a senior director with Fitch Ratings. As surging power prices become a binding constraint on AI and manufacturing ambitions elsewhere, that advantage is set to widen.

https://archive.ph/BnlgJ#selection-1543.0-1543.305

If the US wasn't pumping a Trillion and a half dollars a year into the military, and instead pumped it into education (Science Tech Engineering Math), and into the US infrastructure, and into small & medium businesses, and rein in the Cost Plus model of transfer payments to mega-corporations - then the US could be leading the world in Energy and many other technologies.

Instead? It builds its military in order to steal resources and to attempt to destroy the technology and infrastructure of other countries.

Tacitus (Agricola 30): "Ubi solitudinem faciunt, pacem appellant."

Common English: "They make a desert and call it peace."

-Attributed to Calgacus, Caledonian chieftain, criticizing Roman conquest

The fall of the Roman Empire shouldn't be a template for the USA's present day wars of aggression. But unfortunately? It is!

14 minutes ago, BritManToo said:

I thought they used coal ..... why would oil affect them?

They use a mix of coal, fossil fuels, wind, solar, hydroelectric, nuclear, and geothermal. Which makes their energy grid resilient and truly sustainable.

Then look as the West, like Germany, whose liberal Green policies have neutered it energy infrastructure and destroyed its industrial base, as it purposefully dismantled their coal, nuclear, and fossil fuel source of energy in order to go 100% Green. And now they are becoming a second-world s***-hole without a competitive industrial base. Congratulations on the "own goal."

4 minutes ago, connda said:

They use a mix of coal, fossil fuels, wind, solar, hydroelectric, nuclear, and geothermal. Which makes their energy grid resilient and truly sustainable.

Then look as the West, like Germany, whose liberal Green policies have neutered it energy infrastructure and destroyed its industrial base, as it purposefully dismantled their coal, nuclear, and fossil fuel source of energy in order to go 100% Green. And now they are becoming a second-world s***-hole without a competitive industrial base. Congratulations on the "own goal."

At the time, after the fallout, so to speak, from the Fukushima disaster, it was a hugely popular political move.. So it was premature, But now that the storage problem has been basically solved, there's no need for fossil fuels or nuclear, which is insanely expensive.

27 minutes ago, BritManToo said:

I thought they used coal ..... why would oil affect them?

They're cutting back on coal and massively investing in solar and wind. Leading the world in fact. By far.