China's Coal-Fired Power Generation Falls Below 50% for First Time

China has reduced the share of coal in its electricity generation to below 50% for the first time. According to a Reuters report, this development is considered a significant milestone in the country's energy transition. Coal had been the dominant source of electricity generation in China for many years. New data shows that China's investments in renewable energy sources are beginning to yield results. While the share of clean energy sources such as wind, solar, and hydropower in generation has increased, the proportion of coal has entered a declining trend. This aligns with China's goals to reduce carbon emissions. Experts suggest that if this trend continues, China's energy sector could undergo a structural transformation. However, it is emphasized that there has not yet been a significant decline in the absolute amount of coal used, only a reduction in its share of total generation. China remains the world's largest coal consumer. This development also carries important signals for global energy markets. Changes in China's coal demand could affect international coal prices and trade flows. At the same time, increased demand for renewable energy technologies could stimulate investments in this sector. This is not investment advice.