Coal in China isn't going away; what is important is the context and efficiency of its use, and the control of emissions.

Even as power emissions are reducing, China's air pollution and grid curtailment remain a problem; might recent UHV projects help?

All photographs in this calendar were taken by TLG staff and associates.

Sometimes policy appears to target symptoms rather than causes; better policy comes from addressing fundamental issues.

All photographs in this calendar were taken by TLG staff and associates.

China's shale gas has received plenty of attention, but it is incentives and policies that are needed to ramp up production.

Regulated gas prices have stymied exploration, requiring expensive imports to satisfy demand and leaving open the question of how to close the price gap. 

All photographs in this calendar were taken by TLG staff and associates.

Is shifting the fuel mix from coal to gas the solution for China, or are there smarter and more cost-effective routes to cleaner skies? 

Singapore's genco transactions assumed a rosy future but suffered when prices fell; fundamental analysis can tease out reality from optimism.