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Equinor, Aibel Enter Strategic Offshore Energy Partnership
Equinor and Aibel have entered into a ten-year strategic collaboration agreement with an aim to ensure a close and long-term collaboration and predictability, for which the new partners say “will be important to both parties in times of many great and important opportunities”.
The development plan of wind power equipment industry in Hainan Province (2022-2025) has issued
According to the Department of industry and information technology of Hainan Province, the development plan of wind power equipment industry in Hainan Province (2022-2025) has been issued. Hainan will strive to basically form a wind power equipment industry cluster by 2025, realize the output value of the whole industry chain of 55 billion yuan, and […]
Technological Innovation and Energy in China’s 14th Five Year Plan
The 14th five year plan for scientific and technological innovation in the energy field (hereinafter referred to as the plan) fully focuses on the energy attribute of hydrogen, pays attention to guiding and giving full play to the important pivotal role of hydrogen energy in connecting renewable energy and diversified terminal energy demand, and fully […]
NEA: 13 provinces have reached the incentive value, and Gansu and Xinjiang have not completed the responsibility weight of the total consumption of minimum renewable energy power
On May 9, the National Energy Administration reported the completion of the weight of renewable energy power consumption responsibility in 2021.By the end of December 2021, the cumulative installed capacity of renewable energy power generation in China was 1.06 billion kw, accounting for 44.8% of the total installed capacity, including 391 million kw of hydropower, […]
China unveils five-year plan for bioeconomy
China’s top economic regulator on Tuesday unveiled a new plan to spur the bioeconomy during the 14th Five-Year Plan period (2021-25), in a bid to promote high-quality development of the sector. The new document, released by the National Development and Reform Commission, said it is important to boost the bioeconomy during the next five years, […]
Global energy spending set to reach record high of over $2 trillion in 2022, led by oil and gas
Surging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.