Tag #Renewable Energy

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usa.chinadaily.com.cn

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Jan 24, 04:08

China's Record Oil and Gas Production Reduces Reliance on Imports

In 2024, China's oil and gas production surpassed 400 million metric tons of oil equivalent for the first time, driven by increased domestic output and technological innovation, leading to a 1.9 percent decrease in crude oil imports as demand for gasoline and diesel fell due to the rise of electric ...

China's Record Oil and Gas Production Reduces Reliance on Imports

In 2024, China's oil and gas production surpassed 400 million metric tons of oil equivalent for the first time, driven by increased domestic output and technological innovation, leading to a 1.9 percent decrease in crude oil imports as demand for gasoline and diesel fell due to the rise of electric ...

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How did the shift towards electric vehicles impact China's oil import levels in 2024, and what role did this play in the nation's refining capacity?

This surge in domestic production is a strategic response to volatile global energy markets and geopolitical uncertainty, aiming to reduce China's reliance on oil imports, which fell 1.9 percent in 2024 to 553.4 million tons. The decrease in imports reflects weaker domestic demand for gasoline and diesel due to the rise of electric vehicles.

europe.chinadaily.com.cn

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Jan 24, 04:08

China's Domestic Energy Boom Cuts Oil Imports

In 2024, China's total oil and gas production surpassed 400 million metric tons for the first time, driven by increased domestic exploration and technological innovation, resulting in a 1.9 percent decrease in crude oil imports as domestic demand for gasoline and diesel fell due to the rise of elect...

China's Domestic Energy Boom Cuts Oil Imports

In 2024, China's total oil and gas production surpassed 400 million metric tons for the first time, driven by increased domestic exploration and technological innovation, resulting in a 1.9 percent decrease in crude oil imports as domestic demand for gasoline and diesel fell due to the rise of elect...

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What were the key factors contributing to the record-high oil and gas production in China during 2024, and what are the immediate implications for the nation's energy security?

In 2024, China's oil and gas production hit a record 400 million metric tons of oil equivalent, driven by increased domestic exploration and technological advancements in carbon capture. Crude oil output neared historic highs at 213 million tons, while natural gas production exceeded 246.4 billion cubic meters, marking eight consecutive years of double-digit growth. This surge in domestic production led to a 1.9 percent decrease in crude oil imports, totaling 553.4 million tons.

zeit.de

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Jan 24, 13:12

Global Data Center Growth Fueled by AI, but Faces Energy Challenges

A JLL study forecasts 15% annual growth in global data center demand until 2027, driven by AI and increased computing needs, but this expansion is threatened by the escalating energy consumption, projected to double from 2% to 4% of global energy demand by 2030, leading to potential regulatory hurdl...

Global Data Center Growth Fueled by AI, but Faces Energy Challenges

A JLL study forecasts 15% annual growth in global data center demand until 2027, driven by AI and increased computing needs, but this expansion is threatened by the escalating energy consumption, projected to double from 2% to 4% of global energy demand by 2030, leading to potential regulatory hurdl...

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How do the geographical distribution of data centers and their energy requirements influence the planning and approval of new facilities?

The escalating energy needs of data centers, projected to reach 4% of global energy consumption by 2030, pose a significant challenge to their expansion. This growth is intrinsically linked to advancements in AI and its associated computing demands. The concentration of data centers in specific regions like the Rhine-Main area and Berlin in Germany highlights the strain on local energy infrastructure.

dw.com

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Jan 24, 16:10

Renewable Energy Growth Surges, but Falls Short of Climate Goals

Global renewable energy sources, mainly solar and wind, increased their share in the electricity mix from 5% in 2015 to 19% in 2024, with solar capacity reaching 2200 GW by late 2024, and wind power adding a record 150 GW of new capacity in 2024; however, the growth needs acceleration to meet climat...

Renewable Energy Growth Surges, but Falls Short of Climate Goals

Global renewable energy sources, mainly solar and wind, increased their share in the electricity mix from 5% in 2015 to 19% in 2024, with solar capacity reaching 2200 GW by late 2024, and wind power adding a record 150 GW of new capacity in 2024; however, the growth needs acceleration to meet climat...

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What are the main factors driving the rapid growth of solar power, and what is the global distribution of solar power capacity?

The rapid growth of solar power, driven by low costs and ease of installation, is a key factor. By the end of 2024, installed solar capacity reached approximately 2200 GW, supplying about 9% of global electricity demand. This is a substantial increase from 230 GW in 2015, which only covered about 1% of the demand. China is the leading solar power producer, accounting for 86% of global module production and 44% of global installed capacity.

usa.chinadaily.com.cn

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Jan 24, 07:09

Cairo Workshop Focuses on New Energy Storage Technologies

Chinese and Arab energy experts convened in Cairo on Thursday to discuss new energy storage and pumped storage technologies, focusing on development, international standards, and future prospects to address the challenges and opportunities presented by renewable energy integration.

Cairo Workshop Focuses on New Energy Storage Technologies

Chinese and Arab energy experts convened in Cairo on Thursday to discuss new energy storage and pumped storage technologies, focusing on development, international standards, and future prospects to address the challenges and opportunities presented by renewable energy integration.

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What are the immediate implications of the Cairo workshop on energy storage technology for the West Asia-North Africa region?

A workshop on new energy storage and pumped storage technology was held in Cairo on Thursday, bringing together Chinese and Arab energy experts. The event, organized by several international organizations, focused on technological development, international standards, and future prospects of these crucial energy storage solutions. Discussions highlighted the importance of pumped storage in complementing renewable energy sources like solar and wind.

aljazeera.com

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Jan 23, 19:09

Europe's Clean Energy Surge: Renewables Top Fossil Fuels

In 2023, clean energy sources, led by a record surge in solar power, provided 47 percent of Europe's electricity, surpassing fossil fuels and saving 59 billion euros on imports since 2019, accelerating progress towards its 2030 emissions reduction goal.

Europe's Clean Energy Surge: Renewables Top Fossil Fuels

In 2023, clean energy sources, led by a record surge in solar power, provided 47 percent of Europe's electricity, surpassing fossil fuels and saving 59 billion euros on imports since 2019, accelerating progress towards its 2030 emissions reduction goal.

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How did political and economic factors contribute to Europe's rapid shift towards renewable energy sources?

Europe's transition to clean energy is driven by economic factors and political support across the spectrum. The 55 percent greenhouse gas emission reduction target by 2030 is being pursued through massive investment in renewables, spurred by the pandemic recovery fund and the war in Ukraine. This transition has reduced power sector emissions to less than half of 2007 levels.

usa.chinadaily.com.cn

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Jan 24, 04:08

China's Petroleum Consumption to Peak in 2025

In 2024, China's investment in non-fossil fuels comprised one-third of global investments, causing a 1.7% decrease in refined oil consumption year-on-year; consumption is expected to peak in 2025 at 382 million tons, driven by the rapid rise of renewable energy and electric vehicles.

China's Petroleum Consumption to Peak in 2025

In 2024, China's investment in non-fossil fuels comprised one-third of global investments, causing a 1.7% decrease in refined oil consumption year-on-year; consumption is expected to peak in 2025 at 382 million tons, driven by the rapid rise of renewable energy and electric vehicles.

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How is the shift in China's petroleum consumption affecting different sectors of its economy?

The decrease in refined oil consumption is attributed to the rapid development of new energy resources, particularly new energy vehicles. However, growth continues in sectors like aviation kerosene and high-end chemical materials, indicating a transformation in petroleum usage.

welt.de

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Jan 24, 13:11

AI-Driven Data Center Boom Faces Energy Challenges

A JLL study projects a 15% annual growth in global data center demand until 2027, driven by AI, 5G, and cloud services; however, this expansion is challenged by the sector's rapidly increasing energy consumption, expected to double from 2% of global energy use in 2025 within five years, necessitatin...

AI-Driven Data Center Boom Faces Energy Challenges

A JLL study projects a 15% annual growth in global data center demand until 2027, driven by AI, 5G, and cloud services; however, this expansion is challenged by the sector's rapidly increasing energy consumption, expected to double from 2% of global energy use in 2025 within five years, necessitatin...

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What are the major challenges associated with this increased demand, and how are different regions attempting to address them?

The expanding use of AI, particularly the increasing computational demands of AI models, is the primary driver behind the surge in data center demand. The report highlights that data centers are expected to consume approximately 2 percent of global energy in 2025, a figure projected to double within five years. This escalating energy need presents a major obstacle to the continued expansion of data centers.

china.org.cn

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Jan 24, 13:12

China's New Energy Storage Capacity Surges 130% in 2024

By the end of 2024, China's new energy storage capacity reached 73.76 million kilowatts, a 130 percent increase from 2023, driven by increased renewable energy adoption and supporting grid stability; this growth is geographically concentrated in North, Northwest, and East China, with large-scale pro...

China's New Energy Storage Capacity Surges 130% in 2024

By the end of 2024, China's new energy storage capacity reached 73.76 million kilowatts, a 130 percent increase from 2023, driven by increased renewable energy adoption and supporting grid stability; this growth is geographically concentrated in North, Northwest, and East China, with large-scale pro...

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How is the geographical distribution of new energy storage capacity in China impacting regional development and energy security?

This expansion is geographically concentrated, with North China leading at 30.1 percent of the total installed capacity, followed by Northwest (25.4 percent) and East China (16.9 percent). Large-scale projects (100,000 kW+) now account for 62.3 percent of the total, indicating a trend toward centralization.

europe.chinadaily.com.cn

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Jan 24, 07:09

Cairo Workshop Focuses on New Energy Storage Technologies for Sustainable Development

Chinese and Arab energy experts met in Cairo on Thursday to discuss new energy storage and pumped storage technologies, emphasizing their importance for sustainable development and grid stability in the West Asia-North Africa region.

Cairo Workshop Focuses on New Energy Storage Technologies for Sustainable Development

Chinese and Arab energy experts met in Cairo on Thursday to discuss new energy storage and pumped storage technologies, emphasizing their importance for sustainable development and grid stability in the West Asia-North Africa region.

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What are the key challenges and opportunities facing the adoption of pumped hydro storage and other new energy storage technologies in the West Asia-North Africa region?

A workshop in Cairo focused on new energy storage and pumped storage technologies, crucial for integrating renewable energy sources like wind and solar. Experts from China and Arab nations discussed technological advancements, international standards, and future prospects for these technologies.

theglobeandmail.com

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Jan 24, 22:08

BC Accelerates Renewable Energy Amid US Tariff Threat

British Columbia is accelerating renewable energy development, signing a deal for 200 megawatts of wind power to reduce reliance on US electricity amid threatened tariffs and recent power shortages, aiming for energy independence and meeting growing demand.

BC Accelerates Renewable Energy Amid US Tariff Threat

British Columbia is accelerating renewable energy development, signing a deal for 200 megawatts of wind power to reduce reliance on US electricity amid threatened tariffs and recent power shortages, aiming for energy independence and meeting growing demand.

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How is British Columbia responding to the threat of US tariffs and energy dependence?

Facing potential 25% US tariffs on Canadian goods, British Columbia is accelerating its push for energy independence. A new agreement supplies BC Hydro with 200 megawatts of wind power, enough for 60,000 homes, from the Taylor Wind project, where the Saulteau First Nations hold a 51% stake. This is one of ten projects aiming to boost renewable energy and lessen reliance on US power imports.

theglobeandmail.com

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Jan 23, 04:13

EU's Renewable Energy Hits Record High, Surpassing Fossil Fuels

A new report reveals that 47% of the European Union's electricity now comes from renewable sources like solar and wind, exceeding coal and gas combined, driven by the European Green Deal and the war in Ukraine, contrasting sharply with the U.S.'s fossil fuel focus.

EU's Renewable Energy Hits Record High, Surpassing Fossil Fuels

A new report reveals that 47% of the European Union's electricity now comes from renewable sources like solar and wind, exceeding coal and gas combined, driven by the European Green Deal and the war in Ukraine, contrasting sharply with the U.S.'s fossil fuel focus.

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What factors beyond the European Green Deal have accelerated the EU's transition to clean energy?

This shift towards renewables is in stark contrast to the United States and China, where fossil fuels still dominate energy production. The EU's success stems from ambitious green policies, incentivizing clean energy investment and resulting in a 29% decrease in fossil fuel contributions to electricity generation since 2019.

Showing 829 to 840 of 1,181 results