Syndicate Archives - Energy Iceberg

Price Reform Amidst Crisis– China Clean Energy Syndicate

18 October 2021 18 October 2021 / Syndicate

China has taken a meaningful step forward in electricity market reform, as the top economy planner NDRC unleashed a critical power pricing policy last week. The regulator inked the policy swiftly after the State Council reached conclusions on addressing the looming energy supply shortage (see last China Clean Energy Syndicate Oct 11). The change in retail power pricing mechanism is a highlight of the new policy. Previously the industry has been debating on the issues regarding retail catalogue pricing for years, but progress has been limited. The change might kick off China’s next reformative moves on the electricity market.

The reform is also significant for renewable, clean energy investment and energy storage market development.

Some other critical updates of the Chinese clean energy market last week:

Net-Zero Investment: President Xi last week announced China’s big moves in biodiversity, where mega renewable complex investment is remarked as part of the solution. The top authority’s statement is a clear indication of the investment trend in China’s renewable market.
Renewables: The upcoming CWP will see major R&D development from the Chinese wind OEMs. Already CRRC Yongji released the 18MW wind turbine generator while Dongfang Electric Wind Power announced that it is going to reveal this 13 MW turbine prototype in the CWP.
Hydrogen: LONGi made another leap in hydrogen equipment development by launching its first alkaline water electrolyzer product.

Please scroll down to check out the 8 updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

Price Reform Amidst Crisis– China Clean Energy Syndicate

New Rules! Significant Changes Amidst Energy-Crisis — China Clean Energy Syndicate

11 October 2021 11 October 2021 / Syndicate

State Council’s policy decision addressing China’s current energy crisis–made in last week’s council meeting–demands a lot of attention. The decision has significant implications on China’s energy policies (at least for electricity) in the next years to come. Some of the previous priorities–i.e. electricity price reduction, coal phase-out–might see some changes in the 14th FYP due to the looming energy shortage scenario.

The impacts of the crisis and the policy decision will be immense to many sectors: coal, renewable, hydrogen, storage…We will provide our take on the future in this week’s EI Analytical.

Some other critical updates of the Chinese clean energy market last week:

Net-Zero: Digitalization for Renewable is Trending in Investment, as Envision winning a 12GW order tells us.
Renewables: The World’s First Aquaculture+ Floating Offshore Wind Demonstration Enters into Test Stage
Hydrogen: China Achieves Major Breakthrough of Fuel Cell Metal Bipolar Plates–the new innovation is free from precious metal and a major milestone for cutting fuel cell costs

Please scroll down to check out the seven updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

New Rules! Significant Changes Amidst Energy-Crisis — China Clean Energy Syndicate

Long-waited Price Raise amidst Power Crunch — China Clean Energy Syndicate

4 October 2021 15 October 2021 / Syndicate

The power crunch in China begins to ripple in different industries and in the global markets. A relatively positive development is that the local government begins to allow increases in electricity price (generation-side) for the first time after China changed its benchmark electricity pricing to benchmark plus fluctuation pricing.

Our picks of the critical updates of the Chinese clean energy market last week:

Net-Zero: Shanghai Futures Exchange is developing futures contracts for hydrogen, battery colbat, and ammonia.
Renewables: Shanghai Electric released a flagship 11MW direct-drive turbine of full IP right. Woodmac’s 2021H1 report suggests a shifting landscape of the Chinese turbine market, where orders hit a record high.
Hydrogen: CNPC is soon to launch China’s first hydrogen and natural gas blending facility. CSSC Perui (718th Institute) has made some sucess in exporting its PEM electrolyzer. Meanwhile, Doosan Fuel Cell shipped four hydrogen fuel cells to China in what was marked as South Korea’s first export of the product.
Electricity: Local governments finally reset the electricity ceiling prices for the first time in the recent power storage, after months of soaring coal prices that hit power producers.

Please scroll down to check out the nine updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

Long-waited Price Raise amidst Power Crunch — China Clean Energy Syndicate

“Net-Zero Great Leap Forward” the Culprit for the Worst Power Shortage? — China Clean Energy Syndicate

28 September 2021 4 October 2021 / Syndicate

President Xi’s announcement to halt coal-fired investment overseas might have occupied the headline last week. However, a bigger story is the severe power crunch that occurred again. While the nation eyes on multiplying everything “clean” in the next decade, establishing an effective market mechanism for clean investment remains a critical challenge.

Our picks of the critical updates last week:

Net-Zero: China announced to ban new coal-fired power investments overseas.
Renewables: An industry report estimates that China would add 400 GW of large-scale centralized wind and photovoltaic complexes.
Hydrogen: CNPC pledged to develop blue hydrogen and CCUS projects covering seven regions in the country. China’s first liquid hydrogen system and first pink hydrogen power-to-gas project are progressing as planned.

Please scroll down to check out the nine updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

“Net-Zero Great Leap Forward” the Culprit for the Worst Power Shortage? — China Clean Energy Syndicate

Electrolysis, NaCI, Heavy-Duty FCVs the Investment Directions — China Clean Energy Syndicate

20 September 2021 4 October 2021 / Syndicate

Chinese policymakers have unleashed several critical net-zero energy and industry policies in recent months (and more are expected to be announced by the end of 2021). The policy changes, against the backdrop of China’s “Dual Carbon” revolution, has triggered various new investment hypes.

Last week’s news updates highlighted some of these “net-zero” investment directions.

Net-Zero: Electricity pricing reforms would add trillions of new investments in Energy Storage, Wind, Solar, and Electrolytic Aluminum, NDRC officials stated. The commission is researching on new “green electricity pricing.”
Renewables: Haizhuang Wind Power (of CSSC) Launches Asia’s Second 10MW Offshore Wind Turbine Prototype
Hydrogen: Commercial heavy-duty FCVs, electrolysis equipment are the two major investment directions in China’s hydrogen market, as industry leaders come to a similar point of view.
Energy Storage & Battery: NaCI battery attracts investment from the major lithium-ion players.

Scroll down to check out the 9 updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

Electrolysis, NaCI, Heavy-Duty FCVs the Investment Directions — China Clean Energy Syndicate

Fuel cell ships speed up; China’s first H2 Liquefier Came to Light–China Clean Energy Syndicate

13 September 2021 4 October 2021 / Syndicate

We have an interesting mix of news updates to share with you on China’s clean energy industry this week. Some of the highlights in our point of view:

Net-Zero: China kicked off the first green electricity trading; State Grid pledged to invest $350 Billion in upgrading the ultra-high voltage and other grid systems.
Renewables: Prices of China’s onshore wind turbines dropped to a historical low against the drastic market competition in the post zero subsidy era.
Hydrogen: hydrogen-fuelled ships and liquid hydrogen equipment are the two new areas attracting investment and witnessing more activities recently. Last week China Three Gorges launches its first fuel cell ship to be used in the three gorges dam, and SpaceChina announced the development of the first-of-its-kind hydrogen liquefier.
Energy Storage & Battery: China encourages private investment into the pumped hydrogen storage sector, of which the total installed capacity is expected to rise to 62GW and 120GW by 2025 and 2030–2X and 4X of the 2020 capacity.

Scroll down to check out the 9 updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

Fuel cell ships speed up; China’s first H2 Liquefier Came to Light–China Clean Energy Syndicate

First Floating Turbine, First Offshore CCS, & SGRE Farewells–China Clean Energy Syndicate

6 September 2021 14 September 2021 / Syndicate

We have an interesting mix of news updates to share with you on China’s clean energy industry this week. Some of the highlights in our point of view:

Wind: China’s first floating offshore turbine, developed by China Three Gorges and Mingyang, is on track to connect; Siemens Gamesa revealed the plan to end China’s onshore market in an interview with German media.
Hydrogen: Guangdong and Shanghai-led city alliances are officially confirmed to be winners of the long-waited national fuel cell vehicle (FCV) demonstration project. LONGi purchases 100MW electrolysis equipment while Sinopec announces to invest ¥30b in the hydrogen energy industry.
Net-Zero: CNOOC announced a flagship offshore CCS project, setting the trend.

Scroll down to check out the 9 updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

First Floating Turbine, First Offshore CCS, & SGRE Farewells–China Clean Energy Syndicate

FCV Demo National Funding, 22 Cities Involved –China Clean Energy Syndicate

30 August 2021 14 September 2021 / Syndicate

New energy, renewable, decarbonized are topics of China’s politics now.

The top authority’s push to achieve an emission peak by 2030 has given new momentum to the Chinese renewable and new energy next-stage development, as a rare statement last week from China’s vice premier Han Zheng indicates.

The Energy Iceberg team is back to bring you the latest updates on the Chinese clean energy industry. Some other highlighted updates of the market from last week:

Renewable: Inner Mongolia announce to develop seven green PtG projects (2.2GW renewable power) which could produce hydrogen of 66,900 t/yr.
Wind: Ming Yang’s plan to develop a 16MW turbine is progressing.
Hydrogen: the long-waited national fuel cell vehicle (FCV) demonstration project have finally confirmed the first batch of three demonstration alliances, which involved 22 cities and are led by Beijing, Shanghai, and Guangdong

Scroll down to check out the 9 updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

FCV Demo National Funding, 22 Cities Involved –China Clean Energy Syndicate

Recycling PV and Floating Wind Demos the Key 14th FYP Tasks –China Clean Energy Syndicate

12 July 2021 23 July 2021 / Syndicate

Momentum for offshore wind development seems to continue, although we have stepped into the zero-subsidy era. The annual Offshore Wind Summit and Guangxi’s ambitious wind development plan (18GW) are undoubtedly the highlights of last week.

Other noteworthy updates of China’s clean energy market in our view:

Net Zero Investment: Beijing released the Circular Economy 14th Five-Year Plan (14th FYP); recycling of photovoltaic and power batteries are heavily under-invest.
Wind: NEA official said the “far and deep sea” (floating) offshore wind demos are the emphasis, while Guangxi Province unleashes +8GW OW projects
Hydrogen: a review of China’s refuelling station figure suggest that the country is just a step away from being at the global top. In June, the FCV sale record finally bounced.
Energy Storage: China’s first 10 GW renewable+storage project kicks off; China Huaneng said it would focus on, among others–CCUS.

Scroll down to check out the 9 updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

Recycling PV and Floating Wind Demos the Key 14th FYP Tasks –China Clean Energy Syndicate

“First-of-its-Kind” Energy Storage Tech Fest –China Clean Energy Syndicate

5 July 2021 23 July 2021 / Syndicate

Three “first-of-this-kind” energy storage projects made breakthroughs last week.

Hydrogen Power-to-Gas: on hydrogen storage, a Zhejiang University research team completed a test for ocean energy power-to-gas project;

Electrochemical Storage: China Three Gorges’ storage verification project that consists of 8 types of storage technologies (NaS, Lithion-ion, VRB, supercapacitor, etc.) have been unveiled.

Mechanical Storage: Henan is planning to build the world’s largest salt cavern compressed air project of 100MW.

Besides different exiting storage project announcements. Other critical updates include:

RE Regulation: the “1+N” decarbonized policy package and MIIT’s standardization effort for the fuel cell vehicle industry

Market: the ranking of China’s Top-10 Turbine OEMs seem to be changing in the first half of this year

Scroll down to check out the 8 updates that we considered noteworthy last week.

https://energyiceberg.com/tip-of-the-iceberg/

“First-of-its-Kind” Energy Storage Tech Fest –China Clean Energy Syndicate