On December 29, 2023, Power China Clean Energy Infrastructure REITs was approved

On December 29, 2023, Power China Clean Energy Infrastructure REITs was approved by the CSRC and the Shanghai Stock Exchange, becoming the first public REITs project approved in the hydropower industry in China, the first in Sichuan Province, and the first in ethnic minority areas, and Power China became the 7th central enterprise approved for public REITs projects.

 The breakthrough of hydropower station as the base asset for the first time has injected a new asset type into the public offering REITs market in China, and also provides a reference model for the revitalization of clean energy assets, which is of milestone significance.

Through the asset listing platform of public offering REITs, PowerChina can open up the channel of asset revitalization, use the recovered funds to invest in the construction of new projects, and build the investment and financing cycle of "investment construction - operation - effective revitalization", which is to deeply implement the Group's concept of "all assets can be operated". The innovative asset management mode will be combined with invigorating stock assets, optimizing capital structure and reducing leverage and debt.

The basic asset of the public REITs project is the Wuyiqiao Hydropower Station held by the Power Construction Hydropower Development Company. The project is located in Garze Tibetan Autonomous Prefecture, Sichuan Province, with an installed capacity of 137,000 kilowatts.

The approval of the project is the result of joint cooperation between the investment operation platform and the financial platform, and is a successful practice of PowerChina to further promote the management of all-factor assets, continuously improve the operation efficiency and development quality, and realize the combination of industry and finance. Power Construction Fund Company is the lead coordinator of the project, responsible for leading the organization to promote the public REITs project issuance and other related work, power construction hydropower development company is the original rights and operation management of public REITs, responsible for the overall operation and management of public REITs after listing.

Multi-year green power purchase agreements can ensure that enterprises obtain lo

Multi-year green power purchase agreements can ensure that enterprises obtain long-term stable power supply, avoid the impact of fluctuations and instability of electricity market prices on enterprise production and operations, and provide stable market demand and revenue sources for the renewable energy industry to support the large-scale development of green power." Vision Energy power and environmental products trading and supply head Chen Dipeng said.

The healthcare sector accounts for about 5% of global carbon emissions, with more than half coming from the manufacturing supply chain, which consumes about 25% of the healthcare sector's total emissions. China has become an important market for global pharmaceutical manufacturing, so this cooperation in China is important for reducing large-scale carbon emissions in the healthcare sector.

It is worth mentioning that four of the five global healthcare giants are members of the Health Systems Working Group of the Global Council of the Sustainable Markets Initiative (Sustainable Markets Initiative), and Vision Energy is also a member of the health systems working group of the Chinese Council of the Initiative. Founded in 2020 by then-Crown Prince Charles III, now King of the United Kingdom, the Sustainable Markets Initiative has become the "go-to" organization for the global private sector to engage in the sustainable development transition.

Vision participates extensively in the global sustainability platform and strives to be a zero-carbon technology partner for global enterprises, governments and institutions.  Has achieved global operational carbon neutrality by the end of 2022 and is committed to achieving value chain carbon neutrality by 2028.

On January 4, AIQ, an ABU Dhabi innovative technology company, partnered with Am

On January 4, AIQ, an ABU Dhabi innovative technology company, partnered with Amazon Web Services (AWS) as a certified partner to bring WellInsight, an automation solution for the energy industry, to the AWS platform for customers around the world. AIQ also became the first local software service solution provider in the GCC energy sector to sell its products through the AWS marketplace.

WellInsight is an energy technology solution powered and powered by artificial intelligence systems that help rock geologists and engineers better understand reservoir characteristics and improve exploration success. AIQ, a joint venture between ABU Dhabi National Oil Company and UAE tech giant G42, focuses on the development and commercialization of artificial intelligence products and applications for the oil and gas industry.

"WellInsight provides the global energy industry with a platform to automate and improve borehole analysis." Chris Cooper, CEO of AIQ, said: "This AI-powered solution enables more precise drilling location, better understanding of well conditions, increased production and reduced carbon footprint."

Meanwhile, oilfield services giant Halliburton has partnered with Libra, a consortium led by Petrobras, to develop digital twin technology for Mero, Brazil's ultra-deepwater pre-salt field. The technology brings together asset sensors, data and models, including 4D seismic, as well as intelligent well completions through systems with real-time views of reservoirs, Wells and facilities, which will aid in asset characterization, active reservoir monitoring, and asset operational planning and optimization.

A traditional power generation company wanted to participate in a virtual power

A traditional power generation company wanted to participate in a virtual power plant, and the leader asked a question: Can my thermal power plant be a virtual power plant?

I said: you have a physical power plant, can you also call it a virtual power plant?

The physical power plant can provide frequency modulation and peak regulation services for the power system like the virtual power plant, but the physical power plant is not equivalent to the virtual power plant.

Another traditional power generation company wants to do a virtual power plant, the switch is very high, the actual landing project is actually a large amount of energy storage, charging pile investment, and then packaging these resources into a virtual power plant, with this concept to pull more investment.

Maybe a thousand people, a thousand virtual power plants.

I think of the virtual power plant, its underlying logic:

Is the real meaning of the energy Internet application.

What is the energy Internet, I think is the energy industry from the second industrial revolution of operation management model, to the fourth industrial revolution.

"This is the first top-level design document for vehicle network interactio

"This is the first top-level design document for vehicle network interaction in China." Li Lili, deputy director of Tsinghua Sichuan Energy Internet Research Institute and Optical Storage Direct soft Application Technology Research Institute, stressed in an interview with China Energy News. Mr. Li's team led the drafting of the research that underpinned the policy document. He said that the vehicle network interaction is a complex system project across industries and departments, and the release of the "Implementation Opinions" will play a very key role in the overall promotion of various work by the state and local governments.

There are many participants in vehicle network interaction, including electric vehicle users, charge and discharge service operators, electric vehicle load aggregation, virtual power plant operators, power grid enterprises, and power trading institutions. The top-level design and system coordination at the policy end provide a guarantee for the large-scale promotion of vehicle network interaction.

Liu Yongdong, deputy secretary-general of the China Electricity Council, also pointed out that vehicle network interaction is a project of gathering sand into a tower, and realizing large-scale vehicle network interaction requires the top-level design of the government and the cooperation of all parties. He believes that in addition to policies, vehicle network interaction also faces problems in scale, mode, technology, standards and other aspects.

The "Implementation Opinions" have clarified the responsible departments of each key link of vehicle network interaction. Specifically, the National Development and Reform Commission and the National Energy Administration coordinated the top-level design of vehicle network interaction, actively promoted the construction of supporting policies, electricity prices and market mechanisms, and strengthened guidance and supervision. The Ministry of Industry and Information Technology and the National Energy Administration promote new energy vehicles and charging and replacement facilities to accelerate the application of intelligent and orderly charging functions. The National Standardization Administration Committee organized the standardization Technical Committee of electric vehicle charging facilities in the energy industry and the National Automobile Standardization Technical Committee to accelerate the construction of the interactive standard system of the vehicle network and guide the cooperation on relevant international standards.

The report of the Party's 20th National Congress calls for accelerating the

The report of the Party's 20th National Congress calls for accelerating the construction of world-class enterprises.  The State-owned Assets Supervision and Administration Commission of the State Council has deeply implemented the decision-making and deployment of the Party Central Committee, continuously promoted the construction of world-class enterprises, and achieved positive results - the National Energy Group is a typical case.

National Energy Group was one of the first to create world-class demonstration enterprises. The company was reorganized by the former Shenhua Group and the former China Guodian Group. At the time of the reorganization in November 2017, the outside world was highly concerned about whether the National Energy Group could achieve smooth integration, efficient management and green turnaround. Can we achieve the expected goal of integrated development of coal and electricity and improve the efficiency of enterprises? Can we take the lead in enhancing the core competitiveness of enterprises and creating world-class enterprises? Despite the challenges, from the recent interview with the reporter of the "State Assets Report", the national energy Group has delivered a good answer.

Published on December 1, 2023, the "State Assets Report" launched the "enterprise evolution" series of the fourth report - special planning "Integration and integration", today, we bring you the "National Energy Group restructuring and reform six-year review" - integration and integration - National Energy Group restructuring and reform six-year review