Tag #Energy Transition

Showing 157 to 168 of 428 results

africa.chinadaily.com.cn

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Mar 22, 10:10

China Proposes Easing Oil Export Restrictions Amid NEV Growth and Chemical Sector Restructuring

Amid China's rapid NEV adoption (41% penetration in 2024, projected 50% in 2025) causing a decline in refined oil consumption (1.9% drop in 2024), industry leaders advocate for easing refined oil export restrictions and providing tax-free chemical exports to adjust refining capacity and enhance emer...

China Proposes Easing Oil Export Restrictions Amid NEV Growth and Chemical Sector Restructuring

Amid China's rapid NEV adoption (41% penetration in 2024, projected 50% in 2025) causing a decline in refined oil consumption (1.9% drop in 2024), industry leaders advocate for easing refined oil export restrictions and providing tax-free chemical exports to adjust refining capacity and enhance emer...

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What are the immediate implications of China's declining refined oil consumption and the proposed easing of export restrictions on refined oil and tax-free chemical products?

China's decreasing refined oil consumption, driven by a 41% NEV penetration rate in 2024 and projected 50% in 2025, has led to a 1.9% drop in consumption in 2024 compared to 2023. This surplus, coupled with the need for refining capacity flexibility and emergency response enhancement, is prompting calls to ease refined oil export restrictions and offer tax-free chemical exports.

welt.de

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Mar 21, 13:14

Expert Commission Recommends Splitting Germany's Electricity Market into Multiple Price Zones

An expert commission recommends splitting Germany's unified electricity price into multiple price zones to improve the cost-effectiveness of its energy transition, despite opposition from energy providers and industry representatives; this follows years of EU pressure and is already implemented in o...

Expert Commission Recommends Splitting Germany's Electricity Market into Multiple Price Zones

An expert commission recommends splitting Germany's unified electricity price into multiple price zones to improve the cost-effectiveness of its energy transition, despite opposition from energy providers and industry representatives; this follows years of EU pressure and is already implemented in o...

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What are the main arguments for and against the proposed division of Germany's electricity market into multiple price zones?

The expert commission argues that a uniform price masks regional supply constraints, leading to inefficient investments and plant operations. Regional prices would improve economic efficiency by attracting investments to areas with surplus renewable energy, lowering overall costs and potentially boosting industrial job creation. This follows years of EU pressure and is already implemented in other countries like Italy and Sweden.

sueddeutsche.de

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Mar 20, 19:17

EU Unveils Action Plan to Rescue Europe's Steel Industry

The EU Commission unveiled a plan to rescue Europe's struggling steel industry, facing closure of nine million tons of production capacity last year, by focusing on clean energy, preventing carbon leakage, boosting recycling, and securing jobs; EU Commissioner Séjourné visited Thyssenkrupp in Duisbu...

EU Unveils Action Plan to Rescue Europe's Steel Industry

The EU Commission unveiled a plan to rescue Europe's struggling steel industry, facing closure of nine million tons of production capacity last year, by focusing on clean energy, preventing carbon leakage, boosting recycling, and securing jobs; EU Commissioner Séjourné visited Thyssenkrupp in Duisbu...

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What immediate actions will the EU take to address the crisis in the European steel industry, and what are the short-term implications of these actions for jobs and production capacity?

The EU Commission presented an action plan to support Europe's steel industry, aiming to improve competitiveness by securing access to affordable clean energy, preventing carbon emissions relocation, promoting recycling, and preserving well-paid jobs. This follows the closure of nine million tons of European steel production capacity last year. The plan's success hinges on swift implementation to counter global overcapacity, insufficient trade protection, and high energy prices.

chinadaily.com.cn

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Mar 17, 13:15

Inner Mongolia's Gobi Desert Green Energy Push

Inner Mongolia is rapidly expanding its new energy capacity, aiming to become a national energy and strategic resource hub, with projects like the Dalad Banner photovoltaic project integrating renewable energy with desertification control.

Inner Mongolia's Gobi Desert Green Energy Push

Inner Mongolia is rapidly expanding its new energy capacity, aiming to become a national energy and strategic resource hub, with projects like the Dalad Banner photovoltaic project integrating renewable energy with desertification control.

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What is the immediate impact of Inner Mongolia's increased new energy development on its energy production and environmental footprint?

Inner Mongolia is aggressively developing new energy sources, aiming to become a major national energy hub. Last year alone, Inner Mongolia Energy Group's new energy projects quadrupled, generating 51.1 billion kilowatt-hours of green electricity and reducing CO2 emissions by nearly 40 million metric tons.

zeit.de

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Mar 17, 19:17

Hamburg's "Karoline" Power-to-Heat Plant Finally Operational

Hamburg's 5.9 million Euro power-to-heat plant, "Karoline," initially unused due to economic constraints, is now operational thanks to a new law subsidizing electricity for such plants; it will initially produce 20 megawatts, supplying 6,700 households and saving up to 4,000 tons of CO2 annually.

Hamburg's "Karoline" Power-to-Heat Plant Finally Operational

Hamburg's 5.9 million Euro power-to-heat plant, "Karoline," initially unused due to economic constraints, is now operational thanks to a new law subsidizing electricity for such plants; it will initially produce 20 megawatts, supplying 6,700 households and saving up to 4,000 tons of CO2 annually.

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What immediate impact does the amended Energiewirtschaftsgesetz have on Hamburg's "Karoline" power-to-heat plant and its contribution to decarbonization?

Karoline," a 5.9 million Euro power-to-heat plant in Hamburg, remained largely unused since its 2018 launch due to economic unviability without regulatory changes. Now, a new paragraph in the German Energiewirtschaftsgesetz allows for subsidized electricity, enabling "Karoline" to operate.

zeit.de

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Mar 16, 07:09

German Housing Association Warns Against Reversing Heating Act

Berlin-Brandenburg housing associations warn against completely reversing Germany's Heating Act, emphasizing the need for planning security in long-term projects and ongoing municipal heat planning initiatives; CDU's proposed changes may only partially affect the 2023 revision.

German Housing Association Warns Against Reversing Heating Act

Berlin-Brandenburg housing associations warn against completely reversing Germany's Heating Act, emphasizing the need for planning security in long-term projects and ongoing municipal heat planning initiatives; CDU's proposed changes may only partially affect the 2023 revision.

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How might changes to the Heating Act, as proposed by the CDU, impact the billions in government funding allocated for heating system replacements in Germany?

The housing association emphasizes the importance of continuity and planning security for long-term projects (10-30 years). Current municipal heat planning initiatives, linked to the Heating Act, require substantial investment and are jeopardized by potential legislative changes. Reversing the Act would cause further confusion and undermine ongoing efforts.

welt.de

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Mar 21, 10:12

German Heating Act: Political Fallout and Uncertain Future

Germany's Building Energy Act (GEG), requiring new heating systems to use at least 65% renewable energy, caused a political crisis, with the opposition CDU/CSU initially opposing it using populist arguments but later showing reluctance to repeal it due to legal constraints and commitments from Germa...

German Heating Act: Political Fallout and Uncertain Future

Germany's Building Energy Act (GEG), requiring new heating systems to use at least 65% renewable energy, caused a political crisis, with the opposition CDU/CSU initially opposing it using populist arguments but later showing reluctance to repeal it due to legal constraints and commitments from Germa...

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What are the immediate political and economic consequences of the German government's Building Energy Act (GEG)?

The German government's Building Energy Act (GEG), mandating at least 65% renewable energy in new heating systems, sparked controversy. Facing criticism, the law was modified, but the resulting political fallout significantly damaged the ruling coalition. The opposition CDU/CSU vehemently opposed the GEG, employing populist rhetoric to garner support.

zeit.de

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Mar 20, 19:17

EU Action Plan Aims to Rescue Europe's Steel Industry

The EU Commission launched an action plan to aid Europe's struggling steel industry, aiming to improve competitiveness through cleaner energy, emission controls, recycling promotion, and job preservation, following a significant production capacity decrease in 2022.

EU Action Plan Aims to Rescue Europe's Steel Industry

The EU Commission launched an action plan to aid Europe's struggling steel industry, aiming to improve competitiveness through cleaner energy, emission controls, recycling promotion, and job preservation, following a significant production capacity decrease in 2022.

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Decent Work and Economic Growth

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What specific measures does the EU's new action plan propose to address the crisis in Europe's steel industry, and what are the immediate consequences of inaction?

The EU Commission presented an action plan to support Europe's steel industry, aiming to bolster competitiveness by ensuring access to affordable clean energy, preventing carbon emissions relocation, promoting recycling, and preserving high-paying jobs. This follows the shuttering of nine million tons of European steel production capacity last year, highlighting the industry's dire situation.

usa.chinadaily.com.cn

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Mar 18, 04:11

China's Green Energy Success: Market Reforms Drive Record Renewable Consumption

In 2024, over 50% of China's new energy power generation (1.45 billion kW installed capacity, 43% of total) was consumed via market-based transactions, a result of 2015 reforms boosting trading volume to 6.2 trillion kWh (63% of total consumption) and GEC trading to 446 billion kWh (364% year-on-yea...

China's Green Energy Success: Market Reforms Drive Record Renewable Consumption

In 2024, over 50% of China's new energy power generation (1.45 billion kW installed capacity, 43% of total) was consumed via market-based transactions, a result of 2015 reforms boosting trading volume to 6.2 trillion kWh (63% of total consumption) and GEC trading to 446 billion kWh (364% year-on-yea...

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How have China's electricity market reforms, initiated in 2015, impacted the overall electricity trading volume and market participation?

China's electricity market reforms, initiated in 2015, have drastically increased market-based trading volume from 1.1 trillion kilowatt-hours in 2016 to 6.2 trillion in 2024 (63 percent of total consumption). This surge, coupled with a near 20-fold increase in market participants, reflects a systemic shift towards a more efficient energy system.

repubblica.it

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Mar 17, 13:15

Europe's Energy Grids Face War, Climate Change Challenges

War and climate change are severely straining European gas and electricity infrastructure, prompting increased investment in grid security. Italy leads the EU in climate-related economic losses (€284 per capita in 2022), while the Nord Stream pipeline sabotage highlighted geopolitical vulnerabilitie...

Europe's Energy Grids Face War, Climate Change Challenges

War and climate change are severely straining European gas and electricity infrastructure, prompting increased investment in grid security. Italy leads the EU in climate-related economic losses (€284 per capita in 2022), while the Nord Stream pipeline sabotage highlighted geopolitical vulnerabilitie...

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How is Italy's energy infrastructure particularly affected by climate change, and what is the country's plan to increase its resilience and reduce reliance on fossil fuels?

Climate change is severely impacting power grids across Europe, with extreme weather events causing significant damage. Italy, facing the highest economic losses from climate-related damage (€284 per capita in 2022), exemplifies the scale of the problem. The transition to renewable energy sources and the goal of climate neutrality by 2050 necessitate substantial investments in grid modernization and resilience.

sueddeutsche.de

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Mar 17, 19:16

Hamburg's "Karoline" Plant Finally Operational Thanks to New Energy Law

Hamburg's 5.9 million euro "Karoline" Power-to-Heat plant, largely unused since its 2018 launch due to economic constraints, is now operational thanks to a new paragraph in the Energiewirtschaftsgesetz, providing subsidized electricity and enabling it to supply green district heating to 6,700 househ...

Hamburg's "Karoline" Plant Finally Operational Thanks to New Energy Law

Hamburg's 5.9 million euro "Karoline" Power-to-Heat plant, largely unused since its 2018 launch due to economic constraints, is now operational thanks to a new paragraph in the Energiewirtschaftsgesetz, providing subsidized electricity and enabling it to supply green district heating to 6,700 househ...

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How did regulatory hurdles initially hinder the economic viability of the "Karoline" plant, and what specific mechanisms in the new law overcome these obstacles?

The plant's inactivity highlights the challenges of integrating renewable energy sources without supportive policies. The new regulation, introducing a 'use instead of curtailment' principle, addresses this by providing subsidized electricity to plants like "Karoline", thus incentivizing their operation and reducing reliance on fossil fuels.

welt.de

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Mar 15, 10:10

Hamburg Launches First "Utilize Instead of Curtail" Power-to-Heat Plant

Hamburg's 45-megawatt "Karoline" power-to-heat plant, the first of its kind in Germany, started operating on March 5th, using excess wind energy to provide district heating for up to 15,000 households, enabled by a new energy act.

Hamburg Launches First "Utilize Instead of Curtail" Power-to-Heat Plant

Hamburg's 45-megawatt "Karoline" power-to-heat plant, the first of its kind in Germany, started operating on March 5th, using excess wind energy to provide district heating for up to 15,000 households, enabled by a new energy act.

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How does the "Utilize instead of Curtail" concept work, and what are the economic benefits for both the grid operator and the plant operator?

The plant's operation is enabled by Germany's amended Energy Act, allowing the transmission grid operator (50Hertz) to agree on a fixed electricity price with the plant operator. This reduces grid management costs during periods of high renewable energy generation, enabling more climate-friendly heat generation.

Showing 157 to 168 of 428 results