The world’s largest electricity producer reforms its power sector. The development of a provincial spot market is increasingly important to allow for efficient power plant dispatch in China. Zhejiang province aims to introduce a spot market by early 2019.
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Energy BrainBlog
Blog by Energy Brainpool GmbH & Co. KG
Tag: China (page 1 of 8)
On behalf of Agora Energiewende and the China National Renewable Energy Centre (CNREC), Energy Brainpool investigated the Chinese power supply. It became clear that the power system is in a significant transition. The increasing regenerative supply is followed by stagnating CO2 emissions since 2013.
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IBM and Chinese Energy-Blockchain Labs build blockchain-based carbon asset management platform
4. April 2017 / / Comments Off on IBM and Chinese Energy-Blockchain Labs build blockchain-based carbon asset management platform CEENews: Blockchain, China, Digitalization, International
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
9. February 2017 / / Comments Off on Power statistics China 2016: Huge growth of renewables amidst thermal-based generation CEENews: China, Energy Economy, Power Market, Renewable Energy
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
23. January 2017 / / Comments Off on Renewable energy and the grid expansion in China CEENews: China, Energy Economy, Renewable Energy
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
10. January 2017 / / Comments Off on China announces 340 billion Euro investments into renewables until 2020 CEENews: China, Energy Policy, Renewable Energy
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
22. December 2016 / / Comments Off on Dramatic capacity build-up in China amidst less renewables CEENews: China, Energy Policy, Renewable Energy
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
19. December 2016 / / Comments Off on Emission trading in Europe and China to be strengthened CEENews: China, Energy Policy, Europe
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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