UK Extends Life of Third Coal Plant to Secure Winter Electricity https://www.bloomberg.com/news/articles/2022-09-13/uniper-ex...
China's command economy creates perverse incentives that do not translate to the outer world. And, announced plans often do not reflect reality.
They have also announced >200 new nukes, and last I checked had broken ground on three. I doubt those will end up operating, even if finished, because of cost. But they might be, because [see above].
They're planning on building 30 reactors in OBOR countries by 2030 [2] and 150 domestic ones by 2035.
> China is one of the world's largest producers of nuclear power. The country ranks third in the world both in total nuclear power capacity installed and electricity generated, accounting for around one tenth of global nuclear power generated.
They're going to be a global nuclear powerhouse.
[1] https://en.wikipedia.org/wiki/Nuclear_power_in_China
[2] https://www.reuters.com/article/us-china-nuclearpower/china-...
They will produce a lot of kWh and displace a lot of CO2 in the meantime. But nowhere near what the same money spent on solar and wind would have.
This is projected to cause problems to the energy market's ability to provide reliable baseload power from now until the 2030s, but crucially, it's not government mandated. Coal plants are increasingly expensive to run, because renewables are eating their profits during the day and they're barely recouping that at night.
[0] https://www.leadingedgeenergy.com.au/blog/timeline-for-coal-...