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.
Costs and savings of replacing coal in China in 2020, with a forecast for 2025, by cost competitiveness against renewables
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Rocky Mountain Institute. (March 1, 2022). Costs and savings of replacing coal in China in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1334554/china-coal-replacement-costs-and-savings/
Rocky Mountain Institute. "Costs and savings of replacing coal in China in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars)." Chart. March 1, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1334554/china-coal-replacement-costs-and-savings/
Rocky Mountain Institute. (2022). Costs and savings of replacing coal in China in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1334554/china-coal-replacement-costs-and-savings/
Rocky Mountain Institute. "Costs and Savings of Replacing Coal in China in 2020, with a Forecast for 2025, by Cost Competitiveness against Renewables (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/1334554/china-coal-replacement-costs-and-savings/
Rocky Mountain Institute, Costs and savings of replacing coal in China in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1334554/china-coal-replacement-costs-and-savings/ (last visited November 23, 2024)
Costs and savings of replacing coal in China in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) [Graph], Rocky Mountain Institute, March 1, 2022. [Online]. Available: https://www.statista.com/statistics/1334554/china-coal-replacement-costs-and-savings/
