China
China Approves More Nuclear Power Plant Projects, Adding a Total of 11 New Reactors
China, like the rest of the world, is facing an increasing demand for electricity, largely driven by rapid industrial development. Coal has dominated and continues to dominate China’s energy sector, providing more than half of the country’s total electricity production.…
Is China on the Brink of an Era of Maximum Nuclear Energy Development? – Where are New Reactors Emerging?
When it comes to the state of energy in China, coal still dominates, accounting for more than half of the total electricity production. However, nuclear energy plays an increasingly significant role, especially in coastal areas where the fastest economic development…
Natural Gas Demand Growth Picks up in 2024 But Outlook Remains Uncertain
Natural gas markets moved to more pronounced growth in the first half of 2024, with initial estimates indicating that global gas demand increased at a rate well above its historical average during this period. Demand growth is primarily supported by…
Global Solar Installations Almost Double in 2023 But Leaves Emerging Economies in the Dark
2023’s new solar installations would cover more than half of India’s annual electricity needs or more than Brazil’s entire consumption. Compared to Europe, the annual installations would exceed the total yearly electricity consumption of Sweden, Netherlands, Belgium, Finland, Czechia, Austria,…
China Anti-Subsidy Investigation: Provisional Duties
ACEA takes note that the European Commission has decided to impose provisional countervailing duties on imports of electric cars manufactured in China, based on initial findings of an anti-subsidy investigation initiated last year. ACEA has consistently affirmed that free and…
Protocol on Procurement of Nine Chinese Electric Trains Signed
Minister of Construction, Transport and Infrastructure Goran Vesić and Chairman of the Board of Directors of the CRRC company Liu Chanqing signed the Protocol of Understanding and Cooperation on the procurement of nine new electric trains for speeds of 120…
The World’s Electric Car Fleet Continues to Grow Strongly
Despite near-term challenges in some markets, based on today’s policy settings, almost 1 in 3 cars on the roads in China by 2030 is set to be electric, and almost 1 in 5 in both United States and European Union…