[G20 Summit: Pledge to triple global renewable energy generation by 2030] According to foreign media reports, the Group of 20 (G20), which accounts for 85% of global GDP and 80% of carbon emissions, announced at the G20 summit that it plans to accelerate the reduction of coal-fired power generation, taking into account the unique circumstances of each country. However, there is no commitment to completely phase out polluting fossil fuels, including oil and gas. Recognizing the urgency of the global climate, the G20 stressed the need to rapidly and significantly reduce global greenhouse gas emissions, by 43 percent by 2030 from 2019 levels, to limit global warming to 1.5 degrees Celsius. However, they expressed concern that current efforts are still insufficient to meet the goals of the Paris Agreement. To support developing countries' climate plans, the G20 called for $5.9 trillion in funding by 2030. In addition, they estimate that global investment in developing clean energy will need to be about $4 trillion per year by 2030 to achieve net-zero emissions by 2050. Leaders urged a dramatic increase in climate finance from billions of dollars to trillions of dollars. Editor/Xu Shengpeng
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  • 2023.12.04 17:17
  • [Two departments regulate pumped storage power plants]
  • On December 1, the National Development and Reform Commission, the National Energy Administration issued the "Pumped storage power station development and construction Management Interim measures (draft for comments)" pointed out that the National Energy Administration under the guidance of the National Development and Reform Commission, the development of pumped storage medium and long-term development planning, proposed development goals, main tasks, project layout, construction timing, safeguard measures, etc., to guide the development of pumped storage. The key implementation projects of each five-year planning period proposed in the medium - and long-term development plan are the basic basis for the approval of pumped storage projects in all provinces (autonomous regions and municipalities). Editor/Xu Shengpeng
  • 2023.12.04 17:17
  • [Section right in the new energy base of one million kilowatts]
  • On November 30, the new energy base of Inner Mongolia Energy Department was approved. The project owner is Inner Mongolia Moneng Ke Youzhong Energy Co., LTD., the construction site is located in the territory of Keyouzhong Banner, the construction scale of 1 million kilowatts of wind power, the total investment of 4.5 billion yuan, is planned to be completed and put into operation by the end of 2025, after putting into operation, the annual power generation will reach 2,763 million KWH, saving 853,700 tons of standard coal and reducing 2,331,800 tons of carbon dioxide. Editor/Xu Shengpeng