EUR/USD
1.13660
0.070%
Gold
3989.78
-0.231%
Oil
69.435
-0.452%
USD/JPY
161.808
0.012%
GBP/USD
1.31882
0.161%
GBP/JPY
213.400
0.176%
Real-time News
On June 25th, the National Development and Reform Commission and the National Energy Administration issued the "15th Five-Year Plan for the Construction of a New Energy System." The plan emphasizes accelerating technological breakthroughs and equipment development in areas such as small modular reactors (SMRs) and fourth-generation nuclear reactors, ultra-high head large-capacity impulse turbine units, deep-sea wind power, advanced photovoltaics, concentrated solar power (CSP), next-generation coal-fired power, heavy-duty gas turbines, flexible DC transmission, smart microgrids, unconventional oil and gas, intelligent unmanned coal mining, oil-rich coal fractionation, and hydrogen energy and green fuels. It also stresses strengthening theoretical research and technological innovation in areas such as controlled nuclear fusion, space power stations, high-temperature superconducting power transmission, wireless power transfer, and polar and deep-sea energy. Furthermore, it calls for strengthening the coordinated layout of large-scale new energy bases and national computing power hubs to create an "energy + digital" industrial cluster, promoting the integration of electricity and computing power. The plan also emphasizes strengthening the two-way empowerment of computing power and electricity to ensure high-quality electricity demand for industries such as big data and artificial intelligence. Finally, it promotes the construction of intelligent coal mines across the entire system, creating a number of smart power plants and digital oil and gas fields, and driving the digital and intelligent development of power grids and oil and gas pipelines.On June 25th, the National Development and Reform Commission and the National Energy Administration issued the "15th Five-Year Plan for the Construction of a New Energy System." The plan emphasizes vigorously promoting oil and gas exploration and development, increasing investment, and strengthening the exploration and development of traditional large oil and gas fields and new resources such as shale oil and gas. Focusing on four major areas—deep earth, deep sea, unconventional, and old oil and gas fields—the plan aims to promote "stable oil production and increased gas production," making offshore and unconventional areas the main drivers of stable crude oil production. The goal is to achieve a stable annual crude oil production of 200 million tons and a steady increase in natural gas production. The plan also emphasizes strengthening the construction of trunk pipelines and interconnection projects, aiming to reach a primary pipeline transportation capacity of 500 billion cubic meters per year for natural gas by 2030. It calls for the construction of provincial pipelines based on the national trunk pipeline network, optimizing their layout according to local conditions, and orderly expanding pipeline coverage. The plan also coordinates the layout of refining and chemical bases and ports, as well as sea-land transportation and inland transportation, optimizing the layout and flow of crude oil and refined oil pipelines.On June 25th, the National Development and Reform Commission and the National Energy Administration issued the "15th Five-Year Plan for the Construction of a New Energy System." The plan mentions building a flexible and resilient electricity load ecosystem. It calls for fully exploring the potential for user-side regulation, relying on a new electricity load management system to improve the electricity demand response ratio. It also emphasizes fully utilizing electric vehicle energy storage resources, exploring the integration and interaction of vehicles, charging piles, stations, and the grid, comprehensively promoting intelligent and orderly charging, and expanding the large-scale application of vehicle-grid interaction. By 2030, the scale of adjustable charging through vehicle-grid interaction will reach approximately 50 million kilowatts. Furthermore, it calls for accelerating the large-scale development of virtual power plants, with a regulation capacity exceeding 50 million kilowatts by 2030.On June 25th, the National Development and Reform Commission and the National Energy Administration issued the "15th Five-Year Plan for the Construction of a New Energy System." The plan emphasizes the active, safe, and orderly development of nuclear power. It prioritizes third-generation pressurized water reactor technology and maintains a stable pace of nuclear power plant construction. It also calls for the active and steady advancement of advanced reactor design research and development and demonstration projects. Furthermore, it promotes the comprehensive utilization of nuclear energy according to local conditions. The goal is to reach approximately 110 million kilowatts of installed nuclear power capacity in operation by 2030.On June 25th, the National Development and Reform Commission and the National Energy Administration issued the "15th Five-Year Plan for the Construction of a New Energy System." The plan emphasizes accelerating the construction of a new power grid. It calls for promoting the construction of transmission channels for clean energy bases, optimizing the power supply structure at the sending end, and improving the transmission capacity, utilization efficiency, and proportion of clean electricity in these channels. It also emphasizes strengthening inter-regional power grid mutual assistance between Central China and South China, Central China and East China, North China and East China, and Central China and Northwest China, increasing mutual assistance capacity by approximately 40 million kilowatts. The plan aims to consolidate and improve the national power grid framework, based on regional synchronous grids and with asynchronous interconnections between regions. It promotes the transformation of the distribution network into an efficient resource allocation platform for power generation, grid, load, and storage, striving to have the capacity to support 900 million kilowatts of distributed new energy access by 2030. The plan also calls for accelerating the construction of smart grids, building intelligent dispatch systems, and improving the absorption of new energy. Finally, it encourages the development of smart microgrids and direct green electricity connections according to local conditions.
