China is building all these power plants for energy independence. Less than 20% is thermal energy. AI is today’s bingo card, but it’s also transportation and industry (the kind which actually makes things), and globally, China now dominates battery and solar manufacturing.
China is building all these power plants for energy independence. Less than 20% is thermal energy. AI is today’s bingo card, but it’s also transportation and industry (the kind which actually makes things), and globally, China now dominates battery and solar manufacturing.
Not to mention that they’ve gone all in on EVs, and you need power plants to charge all of them.