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In this paper, by adopting the levelized cost of electricity model and the financial appraisal method, we provide an economic interpretation for China's recent coal power bubble under weak demand growth. The study surveys the economics of a typical 600MW newly-built pure condensing coal-fired power plant in six case provinces (Shanxi, Inner Mongolia, Xinjiang, Hebei, Jiangsu and Guangdong), where...
Electricity consumption growth in China has experienced radical adjustment from high speed to medium speed with the advent of new economy normal. However, the investment enthusiasm on coal power remains unabated and leads to continuous operation efficiency deterioration in recent years. In this paper, we quantify the rational capacity and potential investment of coal power in China during the 13th...
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