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Chinese European Energy News

Category: China (page 1 of 5)

IBM and Chinese Energy-Blockchain Labs build blockchain-based carbon asset management platform

The technology giant and the Beijing-based Energy-Blockchain Labs want to use the new platform for allowing its users to manage their carbon assets. With the help of blockchain technology they want to improve efficiency in China’s national carbon market, which will be opened during 2017.
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Power statistics China 2016: Huge growth of renewables amidst thermal-based generation

Total electricity consumption in China rose to 5920 TWh last year. Renewables had a share of more than 25 percent, while year-on-year growth for thermal power generation was largest.
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Renewable energy and the grid expansion in China

Q1 2016 Wind Power Curtailment Levels by Province (Azure International) The expansion of renewable energy power stations happens at a faster rate than the electricity network is being built up. The curtailment of wind energy is therefore often the rule instead of the exception.
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China announces 340 billion Euro investments into renewables until 2020

Q1 2016 Wind Power Curtailment Levels by Province (Azure International) The National Energy Administration’s announcement of increased investment into renewables comes at a time where the US politically backs away from clean energy sources. China clearly aims to further establish itself as global renewable energy technology leader.
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Dramatic capacity build-up in China amidst less renewables

China’s new 13th Five-Year-Plan for energy reduces renewable energy expansion targets, while addressing high curtailment rates.
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Emission trading in Europe and China to be strengthened

Power-poles In Europe, more emission allowances are to be taken out of the market in order to allow for higher CO2-prices. China opens its national emission trading market in 2017 thereby creating the world’s biggest carbon market.
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China to start spot market pilots from 2018 onwards

trading_power_large (Copyright: Mercuria) The introduction of a spot market mechanism in China would allow for more efficient power plant dispatch based on actual cost of generation.
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Sonnen receives financial support from China

Sonnen battery (Foto: sonnen GmbH) The Chinese wind turbine manufacturer Envision placed an investment in the German battery storage company Sonnen.
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China cancels more than 100 GW of coal plants

As set out in the 13th Five-Year-Plan for Energy of China, the government steps in and cancels the permitting as well as the construction process of coal-fired power plants across the country.
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Decrease of generation for China’s biggest power companies

While the big step towards competition in China’s power market did not materialize yet, the big Chinese power generators have to accomodate sinking power generation.
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China’s 13 Five-Year-Plan for Energy

China’s 13FYP increases targets for renewables while trying to address current problems of overcapacity in the power sector.
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Almost a third of China’s capacity is renewable

The Chinese renewable energy portfolio of 2015 has been published. Important transmission power line connects wind and load centers via Beijing.
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