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"No More Electricity Rationing" - Energy Iceberg Syndicate 2022 Vol.13

China Clean Energy Syndicate
China’s priorities for the energy industry are changing, as we all know. Last week, the top authority issued an important article for directing major economic issues. The article conveys a critical message that Beijing would prioritize the stable electricity supply from now on, and “electricity rationing is strictly forbidden.”
However, it is unclear yet what would Beijing introduce as a market mechanism to avoid large-scale electricity rationing events, which have emerged since Beijing imposed stricter emission and energy-efficiency targets on the local governments. The statement suggests that security of supply could rank higher as a political priority over carbon-capping effort, at least in the near run.
Besides the top strategy shifts, we would like to highlight some other developments in China’s clean energy market:
  • Hydrogen: check out the several “first-of-its-kind” hydrogen projects’ development in the past week: China’s largest green hydrogen production project (largest under construction) in Kuqa, Xinjiang, began to seek supplier for electrolyzer. The first island-based hydrogen fuel cell grid-optimizing unit is launched.
  • Renewable: solar contributed more than 40% of the new power capacity in Q1; some province in China moved to restrict renewable investment due to grid-connection constraint
Please scroll down to check out the ten updates that we considered noteworthy last week.
China Clean Energy Syndicate is a weekly news update project developed by Energy Iceberg.
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Yuki Yu @ Energy Iceberg
Yuki Yu @ Energy Iceberg @energyiceberg

Top Chinese Clean Energy News, Weekly Digest--Renewable, Hydrogen, Battery, Policy & More

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