EU intends to construct inner energy alliance to throw off the overdependence on Russian energy; China’s first AP1000 nuclear power unit will put into operation by the end of 2015

Author:Ye Ma Source:ceep Date:2014-07-17 Views:

Weekly Review of Energy News

EU intends to construct inner energy alliance to throw off the overdependence on Russian energy; China’s first AP1000 nuclear power unit will put into operation by the end of 2015

(2014/05/26-2014/06/01)
Review of International Energy News

◆ EU intends to construct internal energy alliance in order to throw off the overdependence on Russian energy.
◆ Yingli Solar signed a cooperation agreement with Shanghai Sailing Capital setting up a fund to invest domestic PV power industry on 29th May.
◆ Global oil prices continue to increase this week, while Brent oil price exceeds 110 dollar per barrel.
◆ China and other Asian Countries will promote the Asian regional cooperation in the field of energy to secure the sustainable energy supply.
Review of Domestic Energy News

◆ China’s first AP1000 nuclear power unit, which also is the first third-generation AP1000 worldwide, will put into operation by the end of 2015.
◆ An environmentally friendly coal processing plant will be built in Caofeidian, Hebei province, whose annual output may reach 3 million tonnes and will satisfy the demand of environmental coal in Beijing-Tianjin-Hebei region.
◆ According to Guangdong Carbon Exchange, the accumulative volume of carbon emission trading have reached 9.89 million tonnes (or 600 million yuan) up to 27th May in Guangdong.
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