One of those news days that will confuse some people: China's coal "output" (mining) grew 1.2% y/y to a record high in 2025, but "output at coal plants" (burning it in power plants) fell 1%, so stockpiles grew and prices fell. https://www.bloomberg.com/news/articles/2026-01-19/china-s-coal-output-hits-record-in-2025-even-as-it-burns-less?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2ODg1MTA3NCwiZXhwIjoxNzY5NDU1ODc0LCJhcnRpY2xlSWQiOiJUOFhRS1hUOU5KTFQwMCIsImJjb25uZWN0SWQiOiJGM0VENDU5NTZFRjA0QjY5QTI0NTVBNTYxRDkyNkY5NiJ9.Kuotabz9oubXnYon0iNIO5iliHzVVt3rkBMNpY16dqM
Power demand hit a new peak but all of the growth was met by renewables. https://www.reuters.com/sustainability/climate-energy/renewables-push-chinas-fossilfuelled-power-into-first-annual-drop-10-years-2026-01-19/
Chris Nelder 🤘
npub1mz…u58f4
2026-01-19 19:33:02 UTC
Author Public Key
npub1mzdgg4jvxx3rmjwkryqd890t5kyyz0qxt5crk6ghhfpnj56xv6nqju58f4Seen on
wss://relay.momostr.pinkPublished at
2026-01-19 19:33:02 UTCEvent JSON
{
"id": "84b819edc2d9e9d26cf16d06b12cd613d38f9c8294364ee516500b6bbdb4df93",
"pubkey": "d89a84564c31a23dc9d61900d395eba588413c065d303b6917ba4339534666a6",
"created_at": 1768851182,
"kind": 1,
"tags": [
[
"proxy",
"https://mastodon.energy/@chrisnelder/115923431067205847",
"web"
],
[
"proxy",
"https://mastodon.energy/users/chrisnelder/statuses/115923431067205847",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mastodon.energy/users/chrisnelder/statuses/115923431067205847",
"pink.momostr"
],
[
"-"
]
],
"content": "One of those news days that will confuse some people: China's coal \"output\" (mining) grew 1.2% y/y to a record high in 2025, but \"output at coal plants\" (burning it in power plants) fell 1%, so stockpiles grew and prices fell. https://www.bloomberg.com/news/articles/2026-01-19/china-s-coal-output-hits-record-in-2025-even-as-it-burns-less?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2ODg1MTA3NCwiZXhwIjoxNzY5NDU1ODc0LCJhcnRpY2xlSWQiOiJUOFhRS1hUOU5KTFQwMCIsImJjb25uZWN0SWQiOiJGM0VENDU5NTZFRjA0QjY5QTI0NTVBNTYxRDkyNkY5NiJ9.Kuotabz9oubXnYon0iNIO5iliHzVVt3rkBMNpY16dqM\n\nPower demand hit a new peak but all of the growth was met by renewables. https://www.reuters.com/sustainability/climate-energy/renewables-push-chinas-fossilfuelled-power-into-first-annual-drop-10-years-2026-01-19/",
"sig": "2e2260ae9b6e40b0cbaeb9b55ecd6f0f51548720e557ea53943418af8746c83347027581e801bc2c0b3f91d652690504dec731268012cf3276987c3cb94e6bcd"
}