The overall electricity consumption in the Northeast region slowed down in the second quarter
Friday, 02 August 2024
The growth rate of total electricity consumption in the Northeast region in the second quarter of 2024 has significantly slowed down compared to the first quarter,significantly lower than the national growth rate in the second quarter.In response to the above situation,the Northeast Energy Regulatory Bureau attaches great importance to it and has organized provincial power
Global iron ore will maintain a slight surplus state
Monday, 29 July 2024
On July 26th,the commodity team of China International Capital Corporation(CICC)announced that it is expected that global iron ore will maintain a slight surplus in the second half of 2024.On the one hand,the growth of global imports and demand is relatively limited;On the other hand,the production and ramp up of newly launched projects in overseas mines
At present, there are two contradictions in the iron ore market
Thursday, 18 July 2024
The European Commission recently approved a€3 billion(approximately USD 3.21 billion)Swedish carbon capture and storage(CCS)support program aimed at driving Sweden towards its net zero carbon emissions target by 2045. According to the plan,this funding will be specifically used to fund projects that can permanently capture and store CO2 emissions from biomass factories.These factories use renewable wood
Promote oil and gas exploration and development in China
Friday, 12 July 2024
Recently,the National Energy Administration organized a meeting in Beijing to promote the work of vigorously enhancing oil and gas exploration and development in 2024.The meeting revealed that a new batch of large-scale oil and gas fields with billions of tons and billions of cubic meters have been discovered through exploration,showing a good trend of high-level
Global investment in iron ore resources is once again on the rise
Friday, 05 July 2024
Iron ore is an essential raw material for the steel industry,and its high-quality resources are concentrated in the southern hemisphere.Major steel producing countries around the world,such as China,Japan,and South Korea,are severely constrained by resource shortages,making investment and development of iron ore resources a hot topic in the industry.Recently,there has been a resurgence in global investment
China’s technological innovation reshapes the global energy market
Friday, 28 June 2024
The 15th Summer Davos Forum was held in Dalian from June 25th to 27th.During the forum,Espen Mehlum,the General Manager of Energy Transformation Insights and Regional Accelerated Development at the World Economic Forum,gave high praise to China’s energy transformation in an interview with China News Service,stating that this transformation is crucial for both China itself and
China’s Central Energy Base Accelerates Green and Low Carbon Transformation
Friday, 14 June 2024
In recent years,the central energy base has not only improved its energy security capabilities,but also promoted clean and efficient utilization of coal,vigorously developed new energy,and promoted low-carbon transportation,accelerating the construction of a new energy industry system. Low carbon transformation of a piece of coal “The sodium ion hybrid capacitor has the characteristics of high power
The polyester market’s reduction in production, promotion, and price protection actions have resumed
Thursday, 06 June 2024
At present,the 618 shopping festival has already started ahead of schedule,and the polyester market has already welcomed its own 618.The reporter learned that in mid to late May,the downstream of the polyester market entered a”buy buy buy”mode.However,with the end of the promotional activities for polyester filament,how long can the production reduction and price protection actions
Photovoltaic production capacity is expected to usher in healthy development
Thursday, 30 May 2024
The recent market performance of the photovoltaic sector has attracted much attention.As of the close on May 28th,According to Wind data,the concept index of photovoltaic inverters increased by 2.13%;Among individual stocks,Kyushu Group and Taijia Shares rose more than 20%on the 5th.On the news front,the China Photovoltaic Industry Association recently organized a symposium on high-quality development
The supply of crude oil in the Middle East is important for China’s energy security
Thursday, 23 May 2024
The Middle East region has close economic and trade relations with China.As of the end of 2023,among the top 10 crude oil import source countries in China,crude oil countries in the Middle East occupy 5 seats.Among them,Saudi Arabia is China’s largest trading partner in the Middle East region,and China is also Saudi Arabia’s largest crude