Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, October 16, 2012

China Energy Update 10/16

What Is The Future Of King Coal In China?
Bloomberg
World Resources Institute -- When it comes to coal consumption, no other nation comes close to China. The country reigns as the world's largest coal user, burning almost half of the global total each year. About 70 percent of China's total energy ...http://www.bloomberg.com/news/2012-10-16/what-is-the-future-of-king-coal-in-china-.html

Bloomberg
Electric Car Battery Maker A123 Systems Files Bankruptcy
Businessweek
... its facilities in Livonia and Romulus, Michigan. The Milwaukee-based company also will obtain A123's cathode powder plant in China and its equity interest in Shanghai Advanced Traction Battery Systems Co., A123's joint venture with Shanghai ...http://www.businessweek.com/news/2012-10-16/electric-car-battery-maker-a123-systems-files-bankruptcy
Special Report: China's other power struggle
Reuters
Liu believes these lines are the answer to China's geographic energy imbalance: most of the country's coal and renewable energy resources are located in the northeast, northwest and west, while most demand is in the east and south. He has been lobbying ...http://www.reuters.com/article/2012/10/16/us-china-soe-idUSBRE89F1MP20121016
Sinopec Loses China Gas, But Might Save Face
Wall Street Journal (blog)
Sinopec said Monday it will drop its hostile bid with Hong Kong-listed ENN Energy Holdings Ltd., launched in December, for China Gas Holdings Ltd. , marking a surprise defeat for the state-owned firm on its home turf when it has been on an acquisitive ...http://blogs.wsj.com/chinarealtime/2012/10/16/sinopec-loses-china-gas-but-might-save-face/

Zombie Solyndra Is Suing Its Former Chinese Rivals For $1.5 Billion
Slate Magazine (blog)
Solyndra, the failed solar-power company that has been the butt of a thousand conservative attacks on Obama's green-energy policy, has long hewed to a "blame China" strategy, but until recently no one really took it seriously. After all, the company's ...http://www.slate.com/blogs/future_tense/2012/10/16/solyndra_files_1_5b_lawsuit_against_chinese_solar_makers_suntech_trina_yingli.html

Out of China's Frying Pan and Into its Fire
NBCNews.com
Keeping in view that other renewable energy producers may win in the long run, however, thereĆ¢€™s a part of the US solar industry which recently felt shock-waves from China that shook it to its core. The China-Problem. Advertise | AdChoices ...http://www.msnbc.msn.com/id/49430995/ns/business-motley_fool/

Trouble in China for U.S. LNG Exports?
Investorplace.com
China's energy use has surged over the last few years as it continues its modernization programs. That makes it the prime destination for the output from all of those new and proposed North American LNG plants. However, some recent data could throw a ...http://investorplace.com/2012/10/trouble-in-china-for-u-s-lng-exports/

Issue Brief: China's Actions on Clean Power | Environmental and ...
It also considers future projections about China's energy usage, as forecasted by outside sources, as well as China's stated environmental goals.
www.eesi.org/issue-brief-china’s-actions-clean-power-15-oct-...

China Nuclear Report Acknowledges Safety Concerns

Wall Street Journal -
By BRIAN SPEGELE And WAYNE MA. BEIJING -- A report by China's Ministry of Environmental Protection acknowledged safety concerns in China's fleet of nuclear reactors, including potential complications from the sheer variety of reactors in operation. http://online.wsj.com/article/SB10000872396390443675404578060650849619858.html

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