Why coal should have no future in Southeast Asia’s energy mix
- Any plan to keep building new coal-fired power plants when renewables are cheaper than ever is a dangerous game that no country should pursue
- Early decisions to move away from coal will help markets make the necessary changes and allow countries time to make plans to manage the transition’s impact
However, we need to carefully define what clean coal is. It is true that ultra-supercritical coal-fired power plants emit less carbon dioxide given their higher efficiency than conventional coal-fired plants. However, to call them clean is misleading. Even at peak efficiency, they still emit far more emissions than natural gas power plants.
Furthermore, do not forget the air, water and land pollution from coal power that make it far from clean. In Southeast Asia, air pollution caused 450,000 premature deaths in 2018. That number is predicted to increase to 650,000 by 2040 if the region continues its coal addiction.
Moreover, battery storage costs have plummeted in recent years, making solar power and storage increasingly cost-competitive with coal plants. Portugal’s latest solar auction hit a world record for the lowest output price, at US$0.0131 per kilowatt hour. At this price, renewable energy is superior in almost all aspects – affordability, reliability and sustainability.
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How does China generate its energy?