India's wild energy trends raise doubts over coal's future
August 10, 2017
NEW DELHI (AP) — Within the wild energy market of the world's second-most populous nation, predictions are proving tricky. India had been projected to become a carbon-belching behemoth, fueled by thermal power plants demanding ever more coal for decades to come.
Now, some analysts are saying that may not happen.
In the last two years, coal consumption has slowed to its lowest level in two decades, even with the economy growing at a steamy 7 percent annual pace. Thermal power plants have been running below full capacity for years and as of June were operating at only 57 percent of total ca...