For the first time, Ernst & Young’s Renewable Energy Country Attractiveness Indices have put China and the US in equal first place position. China’s rise from second place has been driven by the US$34.6bn it spent on clean energy over the course of 2009 and its growing commitments to wind power. Ernst & Young’s report …
Unless otherwise stated, all prices are for the close of June 4.
German power: €53.40/MWh, up 1.66 per cent
Coal: €98.09/t, up 1.23 per cent
Natural gas: GB40.15p/therm, up 6.50 per cent
EUAs for December 2010 delivery: €15.34/t, up 0.52 per cent
CERs for December 2010 delivery: €12.62/t, up 0.48 per cent
Brent crude oil futures for front-month 2010 delivery: US$71.40/bbl, …
Oil rises above US$74/bbl, the American Petroleum Institute reports a drop in US crude inventories, while the outlook for the international thermal coal sector is looking positive.
Unless otherwise stated, all prices are for the close of June 1.
German power: €51.23/MWh, up 0.25 per cent
Coal: €96.25/t, down 1.28 per cent
Natural gas: GB36.65p/therm, down 0.00 per cent
EUAs for December 2010 delivery: €15.14/t, up 0.20 per cent
CERs for December 2010 delivery: €12.44/t, up 0.16 per cent
Brent crude oil futures for front-month 2010 delivery: US$72.47/bbl, …
Norwegian photovoltaic developer and supplier, Scatec Solar, and Sanhe Group, a Chinese renewable energy company,have formed SanSca, a joint venture to build 2.5GW of solar power in China, in association with Datang Renewable Energy Corporation.
The partners plan to build a “Green Energy Farm” in Taonan, Jilin province, composed of 100MW of wind power and 5MW …
Unless otherwise stated, all prices are for the close of May 28.
German power: €51.64/MWh, down 0.50 per cent
Coal: €97.50/t, up 0.78 per cent
Natural gas: GB36.65p/therm, down 0.14 per cent
EUAs for December 2010 delivery: €15.11/t, down 2.45 per cent
CERs for December 2010 delivery: €12.42/t, down 2.05 per cent
Brent crude oil futures for front-month 2010 delivery: US$72.97/bbl, …
The uranium oxide spot price fell by US$0.75 to US$40.75/lb during the week ended May 24 after remaining stable the previous week, according to Ux Consulting Company. The same price was noted three days earlier by TradeTech on May 21.
Eight transactions were concluded during the week with a non-US utility buying 300,000lb U3O8 equivalent. However, …
China Huaneng Group, the Middle Kingdom’s largest power utility, has agreed to purchase 1800MW of wind turbines from six domestic manufacturers for CNY8.06bn (US$1.2bn), A framework agreement has been signed between all the involved parties. The suppliers involved in the deal are Sinovel Wind Group Co, Shanghai Electric Group, Dongfang Electric Corp, China Shipbuilding Industry …
The Guardian newspaper has reported that China is increasingly looking towards the Himalayas as the next area for large-scale hydropower development. Zhang Boting, the deputy general secretary of the China Society for Hydropower Engineering, told the daily that research had been carried out on a massive dam across the Yarlung Tsangpo/Brahmaputra river which would benefit …
In many ways, it seems that 2010 could be argued to be a year in which China has well and truly occupied centre stage and with the possible exception of the World Expo currently under way in Shanghai, much of this has been generated by the country’s vast efforts to build for itself modern, clean and efficient infrastructure. In this article, IFandP takes a look at recent developments in China’s power sector and their wider ramifications.
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