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Page 110 - நிலக்கரி புலங்கள் மீளுருவாக்கம் நம்பிக்கை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

New Plans Reveal How China s Grid Is Prepping for Net-Zero Carbon

In September 2020, China’s President Xi Jinping told the U.N. General Assembly that the country is aiming to be carbon-neutral by 2060. In December he set a 2030 wind and solar capacity goal of 1,200 gigawatts, up from around 450 GW today. The publication of China’s 14 th five-year plan, covering 2021-2025, is expected this month. It will likely include more details on the first stages of this path to net-zero carbon. On Monday the nation’s grid company released its plan to make this happen. The State Grid Corporation of China is the world’s largest utility company. As of 2020, it was responsible for the transmission of that 450 GW of installed wind and solar power. Tripling that in a decade will be quite a challenge.

N H Coal Plant Will Run Through At Least 2025 After Latest Grid Auction

Credit No Coal No Gas / 350NH New Hampshire’s coal-fired power plant, the last of its kind in New England not set to retire, will now remain online through at least 2025, despite calls from climate change activists for it to close.  The news comes from a federal filing in late February by the regional grid manager, ISO-New England. The nonprofit filed results from its latest forward capacity auction, where power plants bid on payments in exchange for promising to generate electricity three years in the future.  “This is our reliability market – it’s the commitment to be there to ensure there’s sufficient supply to meet consumer demand,” said Dan Dolan, president of the New England Power Generators Association, in a recent interview. He said these auctions often give insight into changes to come. “It’s the first indication of plants retiring and it also gives this three-year runway for new facilities,” he said.

China expected to favor green tech over coal in new five-year plan

Mar 2, 2021 LONDON – China, which long targeted rapid industrial growth despite its environmental consequences, now aims to become the global leader in “low-carbon tech for a carbon-constrained world” as it unveils its new five-year plan this week, analysts say. That shift is likely to include an accelerated pullback from its role as a major financier of new coal-fired power plants at home and abroad, Isabel Hilton, founder of China Dialogue, a nonprofit news organization, told an online event on Monday. China is today the world’s largest emitter of planet-heating gases, responsible for about 28% of total global emissions. Its 2021-2025 economic and social development plan is expected to reinforce a strong signal to Chinese industry to move away from fossil fuels and is likely to mean national emissions start falling within five years, predicted Li Shuo, a senior policy adviser for Greenpeace East Asia.

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