China, the Electrostate

This week, we return to China. David Fishman, senior manager at
The Lantau Group, joins me again to dissect the unprecedented
scale of China’s electrification, which Fishman says is driven by
a mix of state planning, brutal market competition, and strategic
energy security concerns. Our discussion ranges from the world's
largest hydro projects to a coal industry that refuses to die;
the forces driving China's power sector; the balance between
state planning and market competition; and how this all fits into
the larger economic shift towards innovation-driven, rather than
imitiation-driven, growth.


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