The EU is pushing forward to protect its clean energy manufacturing from Chinese competition by adopting measures to help its EV, solar, and wind industries. The bloc has been looking for months to address its dependence on imported technologies, especially cheaper products from China, which undermine the market shares of …
Read More »Vietnam’s Rare Earth Riches become Focus Point for U.S. and China
Vietnam finds itself wooed by two large world powers. However, this time, it is not over any geopolitical consideration, but for a resource that the modern world covets: rare earths. China and the U.S. are locked in a race to court a country that boasts the world’s second-largest rare earth …
Read More »China Launches World’s First Fourth-Generation Nuclear Reactor
China has taken a step ahead of competitors in civil nuclear energy technology as it started up the world’s first fourth-generation nuclear reactor this week. As many countries are starting to recognize that nuclear power generation will play an important role in the energy transition by providing additional net-zero electricity, …
Read More »Building of China’s Largest Commercial Underground Oil Reserve Begins
Construction of China’s largest commercial underground oil reserve project began in Zhejiang Province on Saturday. It is expected to facilitate the rapid storage, processing and turnover of imported crude oil after completion, and secure stable domestic supply of oil and gas. Located in Ningbo City, the project was independently designed …
Read More »China’s Plan for Flooding the Market with Cobalt
Chinese mining companies have sharply increased their cobalt output in Congo as they seek to expand their market share, putting further pressure on a commodity whose price has badly tanked. Cobalt is widely used in the electric vehicle sector whereby it’s combined with nickel to produce higher energy density in …
Read More »China’s First Next-Gen Nuclear Reactor Enters Commercial Operations
China’s nuclear power ambitions received a boost Wednesday as the country’s first next-generation reactor entered into commercial operations. China Huaneng Group Co.’s 200-megawatt unit at Shidao Bay is the world’s first high temperature gas-cooled reactor, the National Energy Administration said in a WeChat post. The reactor was given permission to …
Read More »China’s Largest Offshore Crude Oil Base Posts Record-High Daily Output
China’s largest offshore crude oil producer, Bohai Oilfield, has seen its daily oil and gas output reach more than 100,000 tonnes of oil equivalent, a record high over the past five decades, said China National Offshore Oil Corporation’s Tianjin branch on Thursday. Since the construction of the base in 1965, …
Read More »Europe Looks to Reduce Risks from Chinese Dependence in Offshore Wind
Europe has intensified efforts this year to protect its clean energy manufacturing industries and reduce dependence on China for its renewable energy rollout. Several proposed EU acts are aimed at boosting Europe’s competitiveness in the global clean energy supply chain and minimize risks to energy infrastructure security. Europe’s wind industry, …
Read More »Russia Set New Record for Daily Gas Deliveries to China
Russia set a new record for daily gas deliveries to China via the Power of Siberia gas pipeline, the press service of the energy corporation Gazprom said on Saturday. “On Nov. 23, the Chinese side’s application for the supply of Russian gas through the Power of Siberia gas pipeline again …
Read More »Chinese Utility Plans One of World’s Largest Renewable Projects
A Chinese firm has announced it will build a renewable energy project with more generating capacity than New Zealand in a vast inland desert province. China Energy Investment Corp. and its listed unit, China Longyuan Power Group Corp., are forming a joint venture to build the Badain Jaran in Gansu …
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