The anti-dumping and countervailing of EU led to severe contraction of the PV market; The coal power projects worth 55 billion yuan has been halted by National Energy Administration.

（2016/10/03-2016/10/09）

Review of International Energy News
◆Ministry of Commerce: It is recommended that the European Union completely terminate the photovoltaic anti-dumping and countervailing.
◆Large oil fields has been discovered in Alaska, USA，with reserve up to 6 billion barrels.
◆Russia approved the first construction project of synthetic oil production equipment.
◆Indian government is going to purchase more crude from Nigeria.

Review of Domestic Energy News
◆Many coal power projects has been halted, the total investment of which reaching 55 billion yuan. "Building large generating units and shutting down small generating units" to reduce the amount of overcapacity has become the norm.
◆The international oil price hit a record for three months. The self-driving in "Golden week" promoted domestic gasoline consumption.
◆The reformation of coal to electricity in Beijing has completed nearly 90% this year with total number of users reaching 384,500.