An additional US$180 billion will have to be spent on power generation by 2020 according to a report published by Capgemini, in association with French firm EDF and the China Electricity Council. The report, referred to in a Financial Times article, forecasts that China will require 280 gigawatts of electricity in addition to the 950GW […]
Category: Energy & Environment
The uproar in the US Congress about the possibility of a Dubai firm taking over administration of a number of American ports recalls last year’s cries from the same body about a bid from China to take over an American oil firm. When state-owned China National Offshore Oil Corporation (CNOOC) tried to buy out California-based […]
China and the European Union signed an agreement yesterday on developing technology to reduce emissions from burning coal, as a top EU official called on the mainland to play a greater role in fighting climate change, the South China Morning Post reported. The memorandum of understanding would encourage the mainland to develop technology to capture […]
Mainland power-generating capacity will reach a record high this year, according to China Electricity Council secretary-general Wang Yonggan, state media reported. Wang said new generators would be built to produce an additional 75 million kilowatts in 2006. Shortages, he said, would persist in the first half, after which most of the new generation capacity would […]
China plans to halve energy use to heat its buildings over the next five years to save dwindling fuel resources and help the global environment, state media reported. Wang Tiehong, the construction ministry's top engineer, said China hoped to increase its energy-efficient floor space by 2.16 billion square meters by 2010. About three quarters will […]