Top power producers set peak emissions goals by 2025 or earlier No signs of accelerated coal plant closures, ETS has limited impact Coal remains critical to alleviate peak demand power shortages China’s five largest independent power producers, or IPPs, who account for around 44% of the country’s power generation capacity, have set ambitious targets to peak carbon emissions by 2025 or earlier, but face several obstacles in reaching this lofty goal. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now While they need to maintain energy supply to support economic growth, the utilities also lack a dedicated roadmap for coal plant decommissioning, face high costs of renewable capacity additions and a nascent carbon trading market. China’s power producers will be key to the national target of peak carbon emissions by 2030, pledged by President Xi Jinping in his speech at the United Nations […]