China’s Sinopec Corp, Asia’s largest oil refiner aims to be carbon neutral by 2050, with its near-term strategy focused on natural gas development and a long-term pivot to hydrogen, top executives said on Monday. As China’s largest hydrogen producer, Sinopec will focus on fossil fuel-based hydrogen production over the next five years and also start […]
China’s five-year plan focuses on energy security
The Five-Year Plan (FYP-14) recommits the government in very broad terms to “formulate an action plan for peaking carbon emissions before 2030” LONDON: In the 14th Five-Year Plan, approved by the National People’s Congress this month, China has outlined energy and climate policies for the next decade that are an extension of current strategy rather […]
Tectonic shift: How China’s push for energy security is changing the world
In setting its goal of carbon neutrality by 2060, China’s ultimate aim is to go from dependence on the rest of the world for imported fossil fuels to dominating the supply chains of clean energy that the world will need to decarbonise. In the 3rd edition of our new Horizons series, Gavin Thompson, Vice Chair […]
AFL-CIO’s Trumka Demands Cutoff of Solar Products From Xinjiang
Bloomberg – The leader of the AFL-CIO demands that the Biden administration and Congress cut off imports of solar energy products from China’s Xinjiang region. The letter from the labor federation’s president, Richard Trumka, was addressed to National Security Adviser Jake Sullivan. Trumka singled out products that “contain polysilicon made with forced labor.” “These products […]
Xinjiang region beefs up wind, solar power generation
Northwest China’s Xinjiang Uygur Autonomous Region is taking the lead in China’s renewable energy push, with wind and solar photovoltaic (PV) power capacity reaching a record high of 35.83 Gigawatts (GW) that even outpaces some developed countries, analysts say. Lin Boqiang, director of China Center for Energy Economics Research at Xiamen University, said that the […]
China’s Tsingshan plans clean energy plant in Indonesia
Chinese steel and nickel producer Tsingshan plans to build a 2,000MW clean energy facility in Indonesia in the next 3-5 years. The firm will build solar and wind power stations and supporting facilities at its Tsingshan and Weda Bay industrial parks in Indonesia. The plant will supply power for the firm’s production of raw materials […]
China’s addiction to coal clashes with carbon neutrality pledge
BEIJING/TOKYO: China’s inability to crack its dependence on coal power threatens to undermine the country’s pledge to achieve carbon neutrality by 2060. Last year, China built enough coal-fired power plants to provide 38.4 gigawatts of electricity, data from U.S. think tank Global Energy Monitor shows, far surpassing the 8.6 GW from plants that were retired. […]
China’s State Grid sets peak emissions plan
China’s state-controlled power network operator the State Grid has released a plan to achieve peak emissions and carbon neutrality, in line with the government’s net-zero pledge. State Grid has set a target for “clean” electricity to account for 50pc of its total transmitted volumes by 2025 as part of an expansion of its total grid, […]
China’s Zhejiang sees clean energy development boom
HANGZHOU: East China’s Zhejiang Province saw a clean energy development boom between 2016 and 2020 as it sought to cut heavy reliance on coal and reduce pollution. The total installed power generation capacity in the province had reached 101.4 GW by the end of 2020. It is up by 24.3 percent from five years ago, […]