China coal demand gains as Hormuz crisis reinforces energy security concerns

Chart showing China thermal power generation trends from 2021 to 2026, with 2026 levels remaining elevated in early 2026 amid stronger reliance on coal-fired power generation.

China coal demand is receiving renewed support as energy security concerns push Beijing to prioritise thermal generation, domestic supply resilience and reliable baseload power following disruption linked to the Strait of Hormuz crisis. The report highlights how China coal demand is being supported by fuel switching away from LNG and gas, higher thermal power generation and growing stockpiling activity in […]

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