ARE：2026年为什么中国仍在建设新煤炭？审视中国长期能源路径的合理性（英文版）

Abundant coal reserves coupled with limited low-carbonflexibility resources make coal a critical component ofChina's energy transition, providing flexibility and stability tothe grid as renewables scale up.New coal capacity built specifically for flexibility during the14th Five-Year Plan accounted for 25% of total additions.Despite the ongoing coal buildout, coal power capacity isprojected to peak by 2030 before declining to just 4.1% oftotal electricity mix by 2060.Solar and wind on an i