Costs and savings of replacing coal with renewables in China 2020-2025
In 2020, savings related to replacing uncompetitive coal with renewable energy in China were estimated at 12 billion U.S. dollars. This figure is forecast to increase considerably, reaching 86 billion U.S. dollars by 2025. As the cost of renewable energy technologies continues to fall, the continuation of coal use is becoming increasingly uncompetitive in terms of operating costs.