With 12.8 TWh of electricity traded in the first five months of 2016 the direct trading platform in the Chinese province Guizhou receives high attention.
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© Renáta Sedmáková / Fotolia
© Renáta Sedmáková / Fotolia
Energy BrainBlog
Blog by Energy Brainpool GmbH & Co. KG
Tag: China (page 5 of 9)
High direct trading volumes at Guizhou trading center
30. June 2016 / / Comments Off on High direct trading volumes at Guizhou trading center CEENews: China, Energy Economy, Power Market
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“Insurance” on utilization hours for renewables in China
24. June 2016 / / Comments Off on “Insurance” on utilization hours for renewables in China CEENews: China, Energy Policy, Renewable Energy
The National Development and Reform Commission of China announced financial guarantees for wind and solar power plant operators, when minimum utilization hours are not met.
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China Three Gorges to buy shares in German offshore wind park
21. June 2016 / / Comments Off on China Three Gorges to buy shares in German offshore wind park CEENews: China, Europe, Renewable Energy
US-based financial investor Blackstone sold its 80 percent share of the windfarm “Meerwind Südost” in the German North Sea to China Three Gorges.
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Tenfold increase of China’s storage capacity expected
16. June 2016 / / Comments Off on Tenfold increase of China’s storage capacity expected CEENews: China, Energy Economy, Renewable Energy
China’s electricity storage capacity is to rise to 14.5 GW by 2020. This expected increase in storage would be good news for reducing the curtailment of power production.
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Surge of direct electricity trading centers in China
10. June 2016 / / Comments Off on Surge of direct electricity trading centers in China CEENews: China, Power Market
One of the highlights of China’s power market reform is the opening up of the retail electricity market. Currently, more than 20 direct electricity trading centers and platforms have been established.
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Chinese government takes action against curtailment of renewables
3. June 2016 / / Comments Off on Chinese government takes action against curtailment of renewables CEENews: China, Renewable Energy
Strong expansion of wind and solar power in China still gives rise to high curtailment rates. Now, a new national guideline with regulations for a guaranteed electricity feed-in, as well as programs for better utilization of renewable electricity on the provincial level are in place.
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Targets for the Chinese energy sector in 2016 revealed
23. May 2016 / / Comments Off on Targets for the Chinese energy sector in 2016 revealed CEENews: China, Energy Policy
The new working plan of the National Energy Administration of China (NEA) indicates the most important targets and measures in terms of consumption, generation and energy intensity for the country’s energy sector.
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Slower growth in demand for electricity along with the construction of many new power plants steered China into overcapacities of up to 20 percent. Full-load hours of thermal power plants in 2015 have plummeted to the lowest figure since 37 years.
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