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Energy BrainBlog

Blog by Energy Brainpool GmbH & Co. KG

Tag: China (page 2 of 9)

Power market reform China: Update on provincial spot markets

© Economist.com

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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Analysis of the Chinese electricity supply shows significant increase of renewables

© Agora Energiewende

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

© Energy Blockchain Labs

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

© Economist.com

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)
© 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)
© 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

© SGCC, Azure International

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
© BJX

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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