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)
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