China's energy consumption hits five-year record

Growth in China's energy consumption remains robust while the forms of energy continued to diversify in 2018, according to an annual report on China's energy development released Sunday by the China Electric Power Planning and Engineering Institute.Total energy consumed last year reached 4.64 billion metric tons of standard coal, a year-on-year growth of 3.3 percent – a five-year record, according to the report.Consumption of clean energy, including natural gas, hydropower, nuclear power and wind power, accounted for 22.1 percent of energy consumption last year, up 1.3 percent compared with th

China Energy 2019-04-30

China to end import tax exemption for advanced second-generation nuclear reactors

China said on Tuesday that advanced second-generation nuclear reactors will lose their import tax exemption from Jan. 1, 2019 as Beijing seeks to support domestic suppliers and promote technological development.China is expected to triple its nuclear power capacity to reach 120-150 GW in total by 2030 as part of Beijing’s push to boost clean energy consumption.Pre-allocated 2019 import quotas for tax exemption on nuclear reactors with capacities of more than 1 gigawatt (GW) to Chinese manufacturing companies will also be canceled, the Finance Ministry said in a statement on Tuesday.China has a

Arab League, China to increase energy, gas cooperation

The Arab League and China agreed to strengthen cooperation in the field of natural gas, renewables and energy efficiency on the basis of mutual interest and experience sharing, a joint statement announced on Thursday.

Belt and Road 2018-11-12

China "undisputed leader" in energy transition: report

China is an "undisputed leader" in the world's energy transition as the country is transforming its energy mix to sustain rapid economic growth and protect local environments and the global climate, leading energy and shipping certification agency DNV GL said Monday in a report.

China Energy 2018-09-11

China’s Solar Policy Switch Eyes Higher Quality

China’s recently announced decision to suspend approvals of new solar installations aims to improve the quality of the industry’s products and offload part of the financial burden on the government, according to an official who spoke to state news agency Xinhua.

Solar 2018-06-13

China: Russia to Build Nuclear Power Units

What Happened: China signed two deals with Russian state-run nuclear power company Rosatom to build four next-generation nuclear power units in China worth an estimated $3.62 billion, Reuters reported June 10.

China’s Surprising Move To Cut Solar Subsidies

Chinese solar companies sold off sharply on Monday following an announcement by the Chinese government that it would take measures that may curb the astronomical growth of its solar industry.

China Policy Solar 2018-06-12

China's power generation up 6.9 pct in April

China’s energy regulator has ordered local authorities to take heed of the grid capacity when selecting new wind power projects, in an attempt to ensure that no more than 5 percent of the electricity they generate is wasted, it said in a notice.

China to tackle wasted energy in new wind farm rules

China’s energy regulator has ordered local authorities to take heed of the grid capacity when selecting new wind power projects, in an attempt to ensure that no more than 5 percent of the electricity they generate is wasted, it said in a notice.

Wind Power 2018-05-29

China To Consolidate Energy Industry Authority In New Ministry

China’s government plans to consolidate its energy industry authority into a new ministry, to replace the National Energy Administration, unnamed sources told Reuters. The NEA was set up ten years ago as a unit of the National Development and Reform Commission—the authority in charge of economic pla

China Policy 2018-03-09

China unveils policy for NEV battery recycling

Chinese authorities have published a guideline Monday on recycling new energy vehicle (NEV) batteries.

China Policy 2018-02-27

China's 2018 power usage to rise 5.5 pct on economic growth, pollution curbs -CEC

China’s power consumption is expected to rise 5.5 percent in 2018 from the previous year, the China Electricity Council (CEC) said in a statement on Thursday, driven by economic growth and the ongoing coal-to-electricity conversion as part of Beijing’s air pollution campaign.

China Energy 2018-02-02

Subsidies for new energy cars expected to be cut again in China

Subsidies for new energy cars will be cut further this year before being phased out in China altogether by the end of 2020, Thursday's China Daily reported.

China Policy 2018-01-18

The Future of Biofuels Lies in China

Here in the United States, biofuels have developed a bad name. A 2007 law mandates the blending of annually increasing amounts of ethanol produced from biomass into our country’s gasoline, and at the time it was hailed as a way for the United States to shore up its energy security while “greening” o

China Energy 2017-09-21

Vision and Actions on Energy Cooperation in Jointly Building Silk Road Economic Belt and 21st-Century Maritime Silk Road

China welcomes all countries and international or regional organizations to join the initiative, which is internationally recognized and has received positive responses.

2017-08-25

Energy SOEs in merger talks apply for trading halt extension

China Shenhua Energy and GD Power Development have applied to extend a share trading halt as merger discussions continue, Shanghai Securities News reports.

China further lifts barriers to foreign investment

​China announced Wednesday that it will use a "negative list" management approach for all foreign investment, open up more sectors and further relax restrictions for foreign businesses.

2017-07-03

China's resolve for SOE reform undampened

​With specific goals and a clear timetable, China is determined to improve the efficiency of state-owned enterprises (SOEs).

2017-07-03

China says no change in stance over India's bid for Nuclear Suppliers Group

China said today that there is no change in its stance on admission of non-NPT states into the Nuclear Suppliers Group (NSG), marring India's chances of entering the 48-member elite club at its crucial meeting next week.

US officials reinforce China-US cooperation

China and the United States vowed on Thursday to enhance cooperation on clean energy, as US Energy Secretary Rick Perry visits China after Donald Trump pulled out of the Paris agreement.

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