More than 60 countries join the global commitment to emission reduction
Wednesday, 06 December 2023
The Environmental Investigation Agency announced that over 60 countries,including the United States and Canada,joined the global commitment to significantly reduce harmful atmospheric emissions related to air and food cooling at the United Nations Climate Summit(COP28)in Dubai on December 5th. The message states:”Recognizing that sustainable refrigeration measures will help avoid 78 billion tons of carbon dioxide
The global natural gas market will continue to have sufficient winter supply
Thursday, 30 November 2023
According to the latest analysis report from the US Energy Information Agency(EIA),the likelihood of global natural gas supply meeting winter(November March)demand from 2023 to 2024 has increased.This is mainly due to the relatively sufficient natural gas inventories in the United States and Europe,as well as the expansion of global liquefied natural gas(LNG)import and export capacity.The
China’s import of copper scrap will increase by 8.6% compared to last year
Thursday, 23 November 2023
Recently,officials from the China Non ferrous Metals Industry Association stated that the import volume of scrap copper in China will increase by 8.6%in 2023 compared to last year.According to Liu Wei,Vice President of the Recycled Metals Branch of the China Nonferrous Metals Industry Association,at the CRU World Copper Asia Conference held in Shanghai,China’s import of
Latin America plays a key role in the global energy transformation process
Friday, 17 November 2023
The International Energy Agency(IEA)recently stated in its first Latin American regional energy outlook report that Latin America will play a crucial role in the global energy transformation process. The International Energy Agency stated that Brazil,Mexico,Chile,and Argentina have high-quality solar and wind energy resources;Chile,Peru,and Argentina are producing copper or lithium,which is a key mineral product for
New Energy Storage Technologies in China Will Boost Sustainable Industrial Development
Friday, 10 November 2023
The continuously heating energy storage industry will usher in a new round of investment and technological progress.On November 9th,the first World Energy Storage Conference opened in Ningde City,Fujian Province,with the theme of”New Energy Storage from a Global Perspective”.The conference was jointly hosted by the Ningde Municipal People’s Government,the Fujian Provincial Department of Industry and Information
Orderly promotion of autumn and winter planting and fertilizer storage across the country
Monday, 06 November 2023
Currently,autumn and winter planting and fertilizer winter storage are being orderly promoted across the country.The All China Federation of Supply and Marketing Cooperatives has recently issued a notice requiring the entire system to fully leverage the role of supply and marketing cooperatives as the main channel for agricultural material circulation,fully serve agricultural production in autumn
International oil price fluctuations pose a potential threat to the South Korean economy
Friday, 27 October 2023
Affected by the Israeli-Palestinian conflict,international oil prices,which had previously fluctuated frequently,are likely to skyrocket again at any time.Due to the high dependence of the South Korean economy on external energy imports,especially in the Middle East where crude oil imports account for 60%of South Korea’s overall crude oil imports,if there is a problem with crude oil
EU limits price fluctuations and encourages investment in low-carbon energy
Thursday, 19 October 2023
On October 17th,the European Energy Ministers’Meeting held in Luxembourg reached an agreement on the reform of the European electricity market,with the aim of limiting price fluctuations and encouraging investment in low-carbon energy. After months of negotiation The French newspaper Le Monde reported that the meeting between French President Macron and German Prime Minister Schultz in
Global oil consumption is expected to increase by 16% in the next 20 years
Tuesday, 10 October 2023
OPEC calls for increased investment,and the oil industry still needs to invest$14 trillion,or an average of approximately$610 billion per year. Despite global efforts to shift towards clean energy,OPEC believes that the world will still rely on oil for a long time. In the 2023 World Oil Outlook released on October 9th,OPEC pointed out that global
The UK may once again become a GW level photovoltaic market this year
Thursday, 28 September 2023
At the end of August 2023,the UK Department of Energy Security and Net Zero Emissions(DESNZ)released cumulative photovoltaic capacity data as of July,which is 15292.8 MW. From January to July this year,the newly added photovoltaic system in the UK was 634.8 MW,compared to 315.5 MW in the same period last year. The country set a record