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

October 4 · Issue #77 · View online
China Clean Energy 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.
For those who do not know us: China Clean Energy Syndicate is a weekly news update project developed by Energy Iceberg. We also offer free analysis on China’s renewable, electricity market, hydrogen, and energy storage. The analytical articles are shared every fortnight. Check out our website to subscribe:

Net Zero Headlines
Shanghai Futures Exchange is Developing Futures Contracts for Hydrogen, Ammonia, and Battery Cobalt
Wind Power
Shanghai Electric Launched 11MW Offshore Wind Turbine Design, Not by SGRE
Another Progress of Windey in Offshore Wind Turbine R&Ds within 6 Months
Chinese Wind Turbine Market Landscape is Drastically Changing, 2021H1 Report of Woodmac suggests
Hydrogen & Fuel Cells
Operation of China's First NG/H2 Blending Testing Platform around the Corner
Doosan Fuel Cell Ships First Hydrogen Fuel Cells for Power Generation Doosan Fuel Cell Ships First Hydrogen Fuel Cells for Power Generation
CSSC Perui Won PEM Electrolyzer Contracts Abroad
Energy Storage
The First-of-Its-Kind Non-Supplementary Combustion Compressed Air Energy Storage Power Station Successfully Connected to Grid
Electricity Market Headline
Local Governments Reset the Electricity Ceiling Prices, as Power Crunches Worsen in China
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