Weekly new energy news summary (Oct 8-Oct 12)

sxcoal.com General 2019-10-14 09:38:25

China Qinghai transmits 5.09 TWh of new energy power in Jan-Jul

Northwestern China's Qinghai province transmitted 5.09 TWh of new energy power to other regions over January-July this year, contributing a great deal to the rapid development of new energy industry in the whole nation, sources learned from the provincial industry and information technology department.


This sparsely-populated province is endowed with abundant hydropower, solar and wind resources, which enables it to be the pilot area for domestic leading power enterprises on new energy exploitation.    


China National Nuclear Power Jan-Sep power generation up 19%

China National Nuclear Power Co., Ltd, a subsidiary of state-run China National Nuclear Corporation, generated a total 101.2 TWh of electricity (nuclear, solar and wind) in January-September, up 19.14% year on year, said the company in its statement released on October 10.


The on-grid electricity of the company totaled 94.29 TWh over January-September, up 18.95% year on year.


China's SPIC investing in a greener future

State Power Investment Corp (SPIC), the world's largest investor in solar power generating plants, has been stepping up efforts in clean energy transformation and is now taking a lead in the sector.


In July 2015, China Power Investment Corp and State Nuclear Power Technology Corp, the country's two major electricity industry players, merged into SPIC.


Poland's cleaner power imports pile pressure on coal energy

Poland is on track to import a record amount of electricity this year as power traders buy cheaper and cleaner electricity from neighbouring countries, reducing demand for the mostly coal-fired energy produced by state-run utilities.


Poland's power imports soared by 24.6% to 8.1 TWh in the first nine months of the year compared with the same period in 2018, data from power grid operator PSE shows.


Some $71 billion of Japanese coal assets at risk from cheaper renewables

As much as $71 billion of Japanese coal assets could be at risk as the economic viability of plants is undermined by cheaper renewable energy, research by the University of Tokyo, Carbon Tracker and the Carbon Disclosure Project showed on October 6.


The report, called Land of the Rising Sun and Offshore Wind, used project financial models to analyze the economics of new and existing coal plants in Japan.


(Writing by Emma Yang  Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 Mongolian coking coal e-auction trading volumes decline, reflecting weak demand 2024-03-29

Mongolia witnessed its coking coal trades through e-auctions lost strength in March, with the volume notching a new low since August 2023, according to data compiled by Sxcoal based on the trading inf

2 Weekly China coal market news summary (Mar 25-Mar 29) 2024-03-29

China's domestic thermal coal prices slide on growing bearish sentimentChina's portside thermal coal prices continued the moderate decline on March 28, owing to an excess of supply coupled with weaken

3 Weekly global coal market news summary (Mar 25-Mar 29) 2024-03-29

Newcastle thermal coal prices soar as India, Vietnam ramp up importsNewcastle thermal coal futures extended the uptick for three consecutive trading days, driven by increased imports from India and Vi

4 Germany's hard coal imports fall 25.8% on yr 2024-03-29

Germany imported 2.40 million tonnes of hard coal in January 2024, falling 25.80% from the year-ago level, according to preliminary data from German Statistics Bureau.The imports, however, were 8.33%

5 Vietnam Feb coal output hit 5-yr low 2024-03-29

Vietnam's coal production in February fell substantially to a new low since March 2019, latest customs data showed.The country produced 3.03 million tonnes of coal in February, slumping 21.23% from 3.

6 Yankuang Energy 2023 net profit down 39.62% YoY to 20.14 bln yuan 2024-03-29

Yankuang Energy Group Co., Ltd., a major state-owned mining group in China, earned a net profit of 20.14 billion yuan ($2.79 billion) in 2023, slumping 39.62% from last year, according to the company'

7 China futures market updates at close (Mar 29) 2024-03-29

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

8 China Coal Daily Track (Mar 29) 2024-03-29

Thermal coalProduction area Thermal coal prices edged up in major producing regions, with some grades rising 5-10 yuan/t. This was mainly attributed to a periodical wave of restocking activity, leadin

9 CISA proposes steel mills to reduce production amid supply-demand imbalance 2024-03-29

China Iron and Steel Association (CISA) called for production controls at steel mills in response to a lacklustre steel market characterized by high output, cost and stocks yet low demand, prices and

10 China's major coal power producer returns to profit, yet challenges persist 2024-03-29

Huaneng Power International, Inc., one of leading listed coal-fired power producers in China, recorded a profit last year after losing money for two years.In 2023, the company recorded operating reven

Most Read Articles

1 China futures market updates at close (Mar 26) 2024-03-26

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

2 Shanxi faces economic pressure as coal production and sales slump 2024-03-26

Northern China's Shanxi province is grappling with economic challenges in the first quarter of this year, as its pivotal coal industry experiences a notable decline in production and sales.At a govern

3 Mongolian coking coal prices in mixed trends; China's market improves 2024-03-26

Mongolian coking coal prices posted mixed trends at the border crossing Ganqimaodu on the China's side, a price pattern different from previously continuous downturn, as demand from Chinese buyers par

4 Inner Mongolia sets slightly higher coal output target in 2024 2024-03-28

Northern China's Inner Mongolia aims to produce 1.22 billion tonnes or so of coal this year, said Inner Mongolia's energy bureau.To achieve this target, the region plans to keep the total production c

5 Japan Feb crude steel output down 3.8% MoM 2024-03-27

Japan produced 6.99 million tonnes of crude steel in February, falling 3.8% month on month (MoM) yet up 1.1% year on year (YoY), according to data released by the Japan Iron and Steel Federation.The o

6 China met coal market in figures (Mar 28) 2024-03-28

China coking coal, met coke and steel market key figures in focus.

7 China's coal mining and washing industry profits down 36.8% YoY in Jan-Feb 2024-03-28

Profits in China's coal mining and washing industry totaled 95.48 billion yuan ($13.2 billion) in January-February, down 36.8% from a year earlier, according to data from the National Bureau of Statis

8 China Coal Daily Track (Mar 26) 2024-03-26

Thermal coalProduction area Mine-mouth thermal coal prices were mixed. More coal trucks were arriving at mines with premium grades, pushing up prices by 5-10 yuan/t. But these mines saw no queues of t

9 Newcastle coal prices rebound on Vietnam's buying spree, Baltimore bridge collapse 2024-03-27

Newcastle thermal coal futures continued to strengthen in the first two trading days of this week, driven by strong purchases from Vietnam, and the bridge collapse in Baltimore that added to supply co

10 India's coal production surpasses 1 Bt, imports decline 2024-03-28

India has achieved a significant milestone in its coal and lignite production, surpassing one billion tonnes by March 22, marking a 25-day improvement compared to the previous fiscal year, according t