China will be unable to achieve its target of increasing nuclear power generating capacity to 200 GW by 2030, translating into opportunities for coal producers to capture additional demand growth, Wood Mackenzie said Monday. Coal will remain the dominant fuel, at 64% of China’s power generation mix in 2030. China’s target is to increase nuclear generating capacity to 200 GW in 2030 from the current 14.6 GW, it said. However, Woodmac said China will only be able to increase its nuclear generating capacity to 175 GW in 2030, as some of its planned and proposed projects will be delayed or canceled. “The missed targets will translate into opportunities for coal producers to capture additional demand growth,” Woodmac said. It added that by 2030, China’s nuclear capacity will account for 30% of the world’s total nuclear fleet, from 4.5% last year. And while China’s natural […]