There aren't many coal plants where I've been, and they're all very dated in complete contrast to what I assume are being built in China at the moment.
How do these new Chinese coal plants stack up against natgas peakers?
The other thing I'll note is that coal plants are probably much more suitable for China than the US and most other countries in general due to China's world leading railway systems.
Natural gas has always been expensive in China, so I don't think China ever built many natgas peakers, if any.
Going forward, we can see that batteries are driving American natgas peakers out of business.
That price dynamic is even more pronounced in China, given higher natgas prices and lower battery costs in China. So I don't expect to see any natgas peakers built in the future.
I assumed as much.
Here's a curiosity if you'll entertain me: in a decade or so, domestically speaking and on an annual basis, will the Tibetan Autonomous Region be a net importer or net exporter of electricity?
The TAR has less than 4 million people. 300 TWh of electricity would be enough for Taiwan (24 Mn) or the UK (68 Mn) for example.
So I would expect the TAR to be a huge net exporter of electricity, once the hydro plants are ready.