In today’s Talking Points: Bank of China raises $3 billion this week as part of 300 billion yuan multi-currency green bond issuance program; Chinese government advisory groups release report advising that emissions-cutting policies do not burden the economy; coal and steel capacity measures beget marked effects both on production rates and price indices; China National Petroleum …
Energy & Resources Talking Points | 07-07-2016
In today’s Talking Points: AGL Energy warns of fall in profits due to costly spot purchases; report advocates China adopt renewable energy integration policies to reduce energy waste; Rio shelves plans for iron ore mine in Guinea; Beijing’s groundwater depletion causing it to sink 11 cm per year. AGL Energy warns of $100m plunge in gas …
Energy & Resources Talking Points 30-06-2016
In today’s Talking Points: India’s application to join Nuclear Suppliers Group suffers setback as China weighs in; US tariffs on Chinese made solar systems see local solar power market soars to new heights; Morgan Stanley raises iron ore price forecasts, expects Chinese steel demand to be supported through 2017; and idle Chinese wind turbines highlight the challenges faced by …
Energy & Resources Talking Points | 22-06-2016
In today’s Talking Points: Australian coal gasification technology to be trialled in China, as Carbon Energy secure new joint venture; Wind power tipped to deliver up to 14 percent of China’s energy by 2030, meeting three-quarters of China’s renewable energy target; BHP investing $9.5 million into CCS research in China; and, Chinese oil and coal outputs reduced as economic rebalance …
Energy Talking Points 14-06-2016
East coast gas in the pipeline for Jemena Chinese-controlled infrastructure company Jemena says an $800 million pipeline is built to connect the Northern Territory gas market with the east coast and as part of a much bigger plan, with Gladstone’s three LNG plants set to drive more demand than many were expecting to struggle to …
Energy & Resources Talking Points 25-05-2016
China power generation transformation According to an industry insider featured at the 2016 International Photovoltaic Power Generation Conference in Shanghai, by 2050 China will have nearly 100% of its electricity needs fuelled by renewable energy sources. This is being driven by revolutionary new renewable energy technologies such as “micro-grids, smart electricity optimization and efficient storage”. …
Energy & Resources Talking Points 05-05-2016
U.S automotive and energy giant Tesla taps into China’s new-energy car market U.S electric automaker and Energy Storage Giant Tesla Motors Inc, has stated that the company plans to establish at least 10 new stores across China this year. Zhu Xiaotong, president of Tesla China, further reiterated Teslas optimism regarding China, stating that he …
Energy & Resources Talking Points 26-04-2016
Electric cars and the oil impact With the use of electric vehicles (EVs) continuing to grow, major carmakers and tech companies are investing significantly in developing long range electric cars that are more affordable and perform better than gasoline alternatives. This is a trend we’ll continue to see, last year battery prices for electric vehicles …
Energy & Resources Talking Points 15-04-2016
China General Nuclear Power Corp outlines plans for Malaysia With the confirmation of clean energy assets in several ‘Belt and Road’ countries, China General Nuclear Power Corp (CNG) has outlined its future plans for a South-East Asian CNG Headquarter located in Malaysia. The Chinese state-owned energy giant stated that they intent to push for the …
Energy & Resources Talking Points 07-04-2016
Landmark Sanmen Nuclear project expected to be online in 2016 Chinese nuclear officials confirmed yesterday that the world’s first unit using Westinghouse Electric Company LLC’s AP1000 nuclear reactor design is anticipated to be online this year in China, with a second unit operational by June the following year. The Sanmen project, located in Zhejiang province, …