18. July 2019 / / Comments Off on What does the BP Stats Review 2019 say about the global hunger for energy? 
While renewables were the largest source of new electricity generation on a global level, rising use of gas, oil and coal led to CO2-emissions being two percent higher in 2018 than in 2017. The disquieting truth about the global energy system: growing energy hunger outpaces renewable expansion. The increasing demand of 2.8 percent was primarily met by fossil fuels. This process puts climate goals to risk with the fastest growth of carbon emission in seven years.
13. March 2019 / / Comments Off on Overview of China’s evolving energy market in 2018 
Last year was again a good year in terms of PV expansion in China with now 175 GW. However, also total electricity consumption grew pronouncedly by 540 TWh offsetting gains in the renewable part of the generation mix, while generation from thermal fossil-fueled power plants increased as well. LNG to play a central role to cover China`s gas consumption in the future.
8. February 2018 / / Comments Off on China’s electricity system in 2017: Record PV expansion 
Gross electricity consumption in China exceeded 6000 TWh for the first time in 2017. Installed capacities increased last year, in particular on the renewable side. PV capacities grew by 70 per cent.
China already surpassed its target for 2020 and installed 112 GW of PV until end of July 2017.
25. July 2017 / / Comments Off on Power market reform China: Update on provincial spot markets
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.
12. July 2017 / / Comments Off on Analysis of the Chinese electricity supply shows significant increase of renewables 
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.
4. April 2017 / / Comments Off on 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.
9. February 2017 / / Comments Off on 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.
