On November 16, the hydrogen making project invested jointly by Angang and CIMC kick-started construction in the Bayuquan Iron and Steel Factory, a subsidiary of Angang Group. The project uses coke oven gas and converter gas, residual products of iron and steel making, to produce LNG (liquefied natural gas) and hydrogen. With a total investment …
NDRC, NEA, and the National Statistics Bureau finally released a notice to clarify the initiative to make the incremental consumption of renewable energy not included in the local government’s total yearly energy consumption (《有序推进新增可再生能源电力消费量不纳入能源消费总量控制》), after it has been highlighted in several documents and speeches by the central government since the beginning of this year. Definition …
China Electricity Council (CEC) released a report titled ‘Research report on electricity price mechanisms adapted to a new power system’ recommending raising the average coal-fired power base price from 0.3736CNY/kWh to 0.4335CNY/kWh, representing a 16% increase. As far as CEC is concerned, the key problems in the Chinese electricity pricing mechanism include: According to CEC, …
Shandong province has one of the highest wind and solar installed capacities in China. It is also a very interesting case study, as it has high local power demand and power generation capacity, with a sophisticated power market. Attempts to reform Shandong’s power market, whether successful or not, can provide lessons to better anticipate the …