Review of International Energy News
◆ Tokyo Electric Power Company made “waste furnace” decision to No.5 and No. 6 reactors of the first nuclear power plant, which indicated the retirement of the Fukushima Daiichi nuclear power station.
◆ According to IEA’s projection, production of traditional oil will decrease to 41million barrels per day in 2035, and the price of oil will increase as a result.
◆ Saudi Arabia will be the first other than North America who use shale gas for electricity generation.
◆ IEA released World Energy Outlook 2013 in Beijing, showing the future development of renewable energy.
◆ China General Nuclear Power Group signed a Memorandum of Understanding on the construction of the unit three and four in Cernavod nuclear power station with Romanian National Nuclear Power Company.
Review of Domestic Energy News
◆ Ministry of Finance announced the list of the first new energy vehicles pilot cities, incorporating Beijing, Tianjin, Shenzhen and other 25 cities.
◆ The 10th China Nuclear Power International Conference will be held in Beijing in May 2014.
◆ China Beijing Environment Exchange started a domestic market for trading carbon emissions in Nov. 29th 2013.
◆ The price of gasoline and diesel was increased by 160yuan per ton and 155 yuan per ton respectively in Nov. 28th 2013.
◆ A wholly owned subsidiary of CNPC purchased 25% of the equity of Technical Service Contract holding by Exxon Mobil subordinate company.
