Disruption in the Strait of Hormuz: Implications for China’s energy markets and policies
new report by OIES reviews China’s exposure to supply outages from Iran, the disruptions to the Strait of Hormuz and how it impacts energy flows.
www.oxfordenergy.org/publications...
China “clean energy bases” plan
...from the draft outline of the 15th Five-Year Plan (2026-2030) for national economic and social development, submitted to top legislature on 5 March for review. #TwoSessions2026
China set a new climate target to cut carbon emissions per unit of gross domestic product by 17% by the end of the decade.
#TwoSessions2026 #155
www.bloomberg.com/news/article...
China's government has told the country's largest oil refiners to suspend exports of diesel and gasoline due to an escalating conflict in the Persian Gulf.
www.bloomberg.com/news/article...
⛽ China signals new strategic push into #Sustainble fuels
...at this time with energy security high on the agenda amid heightening geopolitical risks #Hormuz 🚢
China 2025 Statistical Communiqué on National Economic and Social Development
CO2 emissions/GDP (10kCNY) fell 5% y-o-y
❄️☀️ Winter
China to dismantle local power protectionism in push to electrify national grid
“basically” establish a unified national power market by 2030 and to have the system “fully in place” by 2035.
www.scmp.com/economy/chin...
🐴 New Year’s Eve today 🧨 🥟
#ChineseNewYear2026
INTERVIEW of Jos Delbeke by @nkurmayer.bsky.social
Why Europe shouldn’t give up on carbon pricing just yet
Jos Delbeke on why renewables are the answer to high electricity prices, and how the EU needs to up its diplomatic game
www.euractiv.com/news/intervi...
For months, European capitals have attacked the EU's environmental policies, arguing onerous green rules were strangling their economies. But the bloc's single biggest weapon for slowing global warming remained off-limits.
That taboo was broken last week.
The Chinese environment ministry has asked petrochemicals plants, copper smelters, airlines and other heavy polluters to report their emissions, a key step to expanding the nation’s carbon market.
www.bloomberg.com/news/article...
✈️China national Carbon market prepares further sectoral expansion, to more industrial sectors and civil Aviation, likely by 2027
The 9 Feb 'Notice on 2026 national ETS work tasks' mandates reporting of 2025 GHG emissions by key enterprises in six more sectors by 31 Mar:
China already has the power grid of the future, writes @davidfickling.bsky.social
The problem is that it’s being used in a grossly inefficient manner:
www.bloomberg.com/opinion/arti...
Europe's energy paradox is undermining the continent's competitiveness and energy security due to bottlenecks within and between national grids.
www.bloomberg.com/opinion/arti...
🏒🏒🏒 in sync with #MilanoCortinaOlympic2026
Sunday visit to 1994 Olympic city Lillehammer 🇳🇴 for daughter’s ice-hockey tournament #hockeymum
🔆 🔆 🔆
China to add 180 to 240 GW Solar capacity in 2026
...latest forecast by China PV industry association released on 5 February.
It also projects China to add 265 to 300 GW solar in 2028, 270 to 320 GW in 2030, avg 238-287 GW/yr during 2026-2030
In 2025, total coal-fired power generation decreased by 1.9% year-on-year, New energy sources (wind, solar, and biomass) accounted for the majority of incremental electricity generation.
Link: mp.weixin.qq.com/s/TUdmpyF5IV...
🔆China electricity consumption to grow 5%-6% in 2026
said China Electricity Council in its latest 2025-2026 analysis and outlook report
For 2026, it also expects power peak load to rise to 1570-1630 GW, and Solar capacity to take over Coal
On Tuesday morning, the EU carbon price rebounded above €84, tracking the broad recovery in stocks and metals, as well as sustained support from funds rebuilding #EUETS positions, as I discussed in this Bloomberg news story from yesterday.
🏒🏒🏒
The notice
www.ndrc.gov.cn/xxgk/zcfb/tz...
official Q&A
www.ndrc.gov.cn/xxgk/jd/jd/2...
NEW: China power market: the shift to 'Energy + Capacity'
On 30 Jan, NDRC and NEA released 'Notice on enhancing the capacity mechanism for power generation'
🔑 For the first time at a national level, #energystorage and #gas power are explicitly included in capacity mechanism
China adds more power capacity in a year than most countries have total
“The build-out remains very strong, with super robust numbers going from record to record,” said Michal Meidan, the head of China energy research at OIES
www.bloomberg.com/news/article...
NEA data: mp.weixin.qq.com/s/LyvRXwZsBk...
Chart: mp.weixin.qq.com/s/TbkleeBX5c...
In 2025, China added
☀️ 315 GW Solar capacity
💨 119 GW Wind capacity
Total installed capacity as of 2025
