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Study Finds Wind Power Could Meet Chinas Entire Projected Power Demand for 2030

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A study by researchers at Harvard University and Tsinghua University shows that there is enough wind in China to generate electricity to supply the nation's entire projected demand for 2030 (about twice what is used now) at reasonable prices per kilowatt-hour. The paper was published in the 11 September issue of the journal Science.

Wind 250
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Wanxiang and NEC to form joint venture for grid energy storage in China

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China Wanxiang Holding announced the planned formation of a joint venture between its wholly-owned subsidiary, Puxing Energy, and NEC Corporation to pursue grid energy storage opportunities in the Chinese market. Its formation is an important element of the recently announced NEC acquisition of A123 Energy Solutions.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. Global Nickel Trade and Chinese Dominance. The detailed report— Need Nickel?

China 416
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IBM Research launches 10y project to support China in transforming national energy systems; “Green Horizon”

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China’s economic growth over the past several decades has raised the living standards of hundreds of millions of Chinese citizens and led to China becoming the second largest economy in the world. The system has already been rolled out to 30 wind, solar and hydro power sources. Urban air quality management.

China 275
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Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

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While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation. In the quest to reach carbon neutrality, methanol and electric vehicles are two powerful tools in the toolshed.

Denmark 446
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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

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According to Hu Angang of the Chinese Academy of Sciences, 33.3% A total of 235 GW of renewable and low carbon energy generation capacity are also announced, with new 2015 goals including wind capacity increasing by at least 70GW (from 42 GW currently) and solar capacity increasing to 5GW (from 625 MW currently). —DBCCA.

Carbon 220
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A123 Systems to supply 2MW Li-ion energy storage system to Ray Power for frequency regulation in China

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A123 Systems will supply a 2MW grid Li-ion energy storage system to Ray Power Systems Co. a Chinese company focused on developing the frequency regulation market and relevant technologies. —Robert Johnson, vice president of the Energy Solutions Group at A123.