Shelving of huge BRI coal plant highlights overcapacity risk in Pakistan and Bangladesh – China Dialogue

Construction of Chinese built and financed coal projects continues as existing power plants stand idle. The 6.6 gigawatt Hamrawein coal power proposal in Egypt has been shelved because of over-capacity concerns and a growing preference for renewable energy. Hamrawein was a proposal led by a consortium of China’s Shanghai Electric, Dongfang Electric and Egypt’s Hassan Allam Construction. The indefinite postponement of the enormous Belt and Road project, which would have been the second largest coal-fired power plant in the world, is a timely warning for other BRI countries planning greater reliance on coal power......... Read More

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China’s energy storage boom falters – China Dialogue

Shifting policies and an unstable economy have put energy storage on an unsure footing. Beside a sprawling solar panel factory in the eastern Chinese city of Suzhou stands a drab two-storey building that few people ever enter. Inside, stark rows of batteries store cheap electricity while the city sleeps each night. In the morning, when energy use and prices go up, the batteries release their power to the factory next door, reducing its electricity bill....... Read More

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A European Green Deal – Striving to be the first climate-neutral continent

Climate change and environmental degradation are an existential threat to Europe and the world. To overcome these challenges, Europe needs a new growth strategy that transforms the Union into a modern, resource-efficient and competitive economy where there are no net emissions of greenhouse gases by 2050 economic growth is decoupled from resource use no person and no place is left behind The European Green Deal is our roadmap for making the EU's economy sustainable. This will happen by turnin

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