China
Coal Demand Growth to Stall as Appetite Wanes, According to IEA
BEIJING — Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from the International Energy Agency. The share…
China to Take Leadership Position on Energy Storage in East Asia-Pacific Region, World Bank Says
China likely will become the largest energy storage market in the East Asia & Pacific region, with a potential to install about 9 GW of utility-scale and behind-the-meter systems in 2025, according to the World Bank. In its latest report…
A Six Month Probation?
The output cuts announced by OPEC and eleven non-OPEC producers have entered their probation period and it is far too soon to see what level of compliance has been achieved. The coming weeks will provide more clarity and in the…
VW Group Plans 8 Plug-In Electric Cars for China
As it works to recover from its diesel emission scandal, the Volkswagen Group is rapidly embracing electric cars. By 2025, the company hopes to be selling 1 million electric cars per year, and plans to launch 30 different electric models…
China: ‘All Parties Must Stick to Paris Agreement’
Chinese premier Xi Jinping has urged world leaders not to abandon the historic Paris climate change agreement in a high profile speech today to the World Economic Forum in Davos. In an address that stressed the importance of world trade…
Solar Power to Rise from Chernobyl’s Nuclear Ashes
It was the worst nuclear accident in history, directly causing the deaths of 50 people, with at least an additional 4,000 fatalities believed to be caused by exposure to radiation. The 1986 explosion at the Chernobyl power plant in Ukraine…
China’s Budget and Plans for Renewable Energy
Despite a recent downturn, the Chinese government is moving full-speed ahead to invest heavily in renewable energy. The country’s national regulators have already promoted renewable energy as a possible cure for the country’s notoriously-bad air pollution. But China has placed…