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
Guyana increases its share in the European oil market
Wednesday, 20 September 2023
Due to geopolitical conflicts,the increasing demand for light crude oil in the international market has provided an opportunity for the new oil exporting country Guyana to enter the European market. Data shows that Guyana exported 63%of its total crude oil exports to Europe in the first six months of this year,with an average daily export
India once again chooses to increase coal electricity consumption
Wednesday, 13 September 2023
With the development of local renewable energy far behind expectations,India has once again chosen to increase its coal electricity consumption,and the industry generally expects the country’s greenhouse gas emissions to reach new highs. Recently,the Indian government announced an extension of the time limit for mixed use of imported coal,requiring all coal-fired power plants to continue
Increasing graphite and manganese production in the United States to meet battery manufacturing needs
Friday, 08 September 2023
Several companies in the United States are working to increase production of graphite and manganese to meet the needs of battery manufacturers, but have not yet started large-scale production. Anoion, the largest supplier of graphite for batteries in North America, announced in May this year that it plans to invest $800 million (partially funded by
Natural Gas Fills The Gap As Renewable Power Falters
Thursday, 31 August 2023
Natural gas accounted for 39.8% of U.S. utility-scale electricity generation in 2022, helping balance reduced hydropower and wind energy. Despite a boom in renewable installations, actual power generation from renewables has been flat, with natural gas filling the gap. The North American Electric Reliability Corporation emphasizes the importance of natural gas in maintaining electric grid