GOVERNMENT
“China to halt wind turbine subsidies” (6-08-11)
Due to investigations launched in the U.S. last year regarding unfair competition of Chinese companies with U.S. clean technology companies, the Chinese government has decided to end subsidies to Chinese wind turbine manufactures. Subsidies that were once available to companies using domestic components instead of imports will be no longer available.
http://www.chinadaily.com.cn/cndy/2011-06/08/content_12654114.htm
ENERGY TECH BUSINESS
China Auction Shale Gas Exploration Rights (6-29-11)
Four blocks of shale gas exploration areas have been offered up for auction to a group of Chinese energy companies. The areas total 11,000 kilometers and are located in southwestern Chongqing municipality and Guizhou province. PetroChina Co. Ltd., Sinopec, CNOOC Ltd., Shaansi Yanchang Petroleum Group and two coal seam gas companies have been invited to bid. In fact CNOOC Ltd. has a stake in shale gas explorations with the U.S. Chesapeake Energy Corporation.
http://www.chinadaily.com.cn/bizchina/2011-06/29/content_12803431.htm
Efficient Power Pricing Mechanism Looked to Alleviate Electricity Shortage (6-27-11)
China’s hydropower resources and its traditional coal powered plants have been unable to meet the demand for electricity. Although the government raised electricity prices for industrial users in May to meet rising coal prices, residential prices are unchanged. Hydropower recently stalled due to draughts. The raise in industrial power prices was not enough to prevent certain coal power plants from sitting idle as operators tried to avoid operating losses due to high coal prices and low power prices. The China Energy Economy Research Center with Xiamen University asserted that the only way to solve the problem is to implement different power pricing mechanisms based on efficiency. In Hong Kong, leveling peak load via electricity prices have been used for 20 years. Households have one meter for day and one for night. Revising the pricing structure is critical as China faces 30 million KW power shortages for this summer, then 50 million KW in 2012 and 70 million KW in 2013.
http://www.chinadaily.com.cn/bizchina/2011-06/27/content_12783210.htm
http://www.chinadaily.com.cn/cndy/2011-06/09/content_12661810.htm
“Japanese Group in China to Promote Nuke Knowledge” (6-27-11)
It makes sense that one of Japan’s neighbors would learn from Japan’s recent experience with nuclear disaster. A team of Japanese engineers will spread its knowledge in a week-long visit in Beijing. In addition to sharing knowledge about the Fukushima accident, the engineers will introduce cutting edge Japanese nuclear technology and expertise.
http://blogs.wsj.com/chinarealtime/2011/06/27/japanese-group-in-china-to-promote-nuke-knowledge/
“China to halt wind turbine subsidies” (6-08-11)
Due to investigations launched in the U.S. last year regarding unfair competition of Chinese companies with U.S. clean technology companies, the Chinese government has decided to end subsidies to Chinese wind turbine manufactures. Subsidies that were once available to companies using domestic components instead of imports will be no longer available.
http://www.chinadaily.com.cn/cndy/2011-06/08/content_12654114.htm
ENERGY TECH BUSINESS
China Auction Shale Gas Exploration Rights (6-29-11)
Four blocks of shale gas exploration areas have been offered up for auction to a group of Chinese energy companies. The areas total 11,000 kilometers and are located in southwestern Chongqing municipality and Guizhou province. PetroChina Co. Ltd., Sinopec, CNOOC Ltd., Shaansi Yanchang Petroleum Group and two coal seam gas companies have been invited to bid. In fact CNOOC Ltd. has a stake in shale gas explorations with the U.S. Chesapeake Energy Corporation.
http://www.chinadaily.com.cn/bizchina/2011-06/29/content_12803431.htm
Efficient Power Pricing Mechanism Looked to Alleviate Electricity Shortage (6-27-11)
China’s hydropower resources and its traditional coal powered plants have been unable to meet the demand for electricity. Although the government raised electricity prices for industrial users in May to meet rising coal prices, residential prices are unchanged. Hydropower recently stalled due to draughts. The raise in industrial power prices was not enough to prevent certain coal power plants from sitting idle as operators tried to avoid operating losses due to high coal prices and low power prices. The China Energy Economy Research Center with Xiamen University asserted that the only way to solve the problem is to implement different power pricing mechanisms based on efficiency. In Hong Kong, leveling peak load via electricity prices have been used for 20 years. Households have one meter for day and one for night. Revising the pricing structure is critical as China faces 30 million KW power shortages for this summer, then 50 million KW in 2012 and 70 million KW in 2013.
http://www.chinadaily.com.cn/bizchina/2011-06/27/content_12783210.htm
http://www.chinadaily.com.cn/cndy/2011-06/09/content_12661810.htm
“Japanese Group in China to Promote Nuke Knowledge” (6-27-11)
It makes sense that one of Japan’s neighbors would learn from Japan’s recent experience with nuclear disaster. A team of Japanese engineers will spread its knowledge in a week-long visit in Beijing. In addition to sharing knowledge about the Fukushima accident, the engineers will introduce cutting edge Japanese nuclear technology and expertise.
http://blogs.wsj.com/chinarealtime/2011/06/27/japanese-group-in-china-to-promote-nuke-knowledge/
