News and Information

Current Market Conditions and Future Trends in the Power Industry

The growth in power generation has slowed markedly. In recent years, China’s power output maintained a high growth rate: from 2007 to 2011, it increased from 3,255.9 billion kilowatt-hours to 4,721.7 billion kilowatt-hours, a rise of about 45%, with an average annual growth rate of 11.1%. However, by 2012 the growth rate had rapidly decelerated to 4.7%, and further declined to 3.2% in 2014. Although there was a rebound in 2013, with a growth rate of 7.5%, the overall trend has clearly shown a marked slowdown. In 2014, national power generation totaled 5,463.8 billion kilowatt-hours, of which hydropower increased by 18% year on year, and nuclear power grew by…

The World Cup Must Be “Full of Energy”

Who is the most stressed during the World Cup? Players, coaches, fans, bettors—and perhaps even power-company employees around the globe. Take Brazil, the host nation of this tournament, as an example: in the past, the country was the envy of the world for its high share of green, hydropower-generated electricity. Yet in recent years, prolonged droughts have led to water shortages and power outages, while the surge in electricity demand during the World Cup has prompted all sectors to re-examine the country’s energy mix.

[Series Commentary on the New Electricity Reform] Safety and Reliability Are the Foundation

Deepening the reform of the power sector is an urgent and arduous task; precisely because of this, it is all the more essential that we advance the reform in a steady and orderly manner, steadfastly uphold the safety bottom line, never cross the safety red line, and adhere to the important principle of “ensuring safety and reliability.”

Energy conservation and emissions reduction remain the dominant investment theme—yet the pressure to achieve these goals remains substantial.

China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and inefficiencies in the power-generation process itself. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and inefficiencies in the power-generation process itself. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and inefficiencies in the power-generation process itself. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and inefficiencies in the power-generation process itself. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and inefficiencies in the power-generation process itself. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and inefficiencies in the power-generation process itself. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal......China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and power-generation inefficiencies. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and power-generation inefficiencies. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and power-generation inefficiencies. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and power-generation inefficiencies. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and power-generation inefficiencies. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes, starting with losses in power generation, transmission and distribution networks, and power-generation inefficiencies. China has set a target to reduce carbon dioxide emissions per unit of GDP by 40–50% by 2020 compared with 2005 levels, with 20% of this reduction to be achieved during the Eleventh Five-Year Plan period. To date, local governments have resorted to an array of unconventional measures in their efforts to meet these targets, often at the expense of normal economic operations. We believe that energy conservation and emission reduction must address the root causes,......