South Korea struggles to adopt micro-grid technology; CEEC presented its materials about CEEC issuing H-shares
（2015/08/17-2015/08/23）
Review of International Energy News
——South Korea has been largely adopting micro-grid technology referring to an independent and intelligent energy system that maximizes the efficiency of electricity use through big data, Internet of Things (IoT) and Energy Storage System (ESS).
——Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China.
——Throughout the first half of 2015, the world’s large oil and gas companies suffered the decreases in their profits as global oil prices continue languishing.
——Zhongshan Galanz distributed photovoltaic solar program, the world’s largest photovoltaic solar program constructed and invested by China Southern Power Grid, has been hooked to the grid to produce electricity.
——The possibility of IMF raising interest rates will increase for the reason that the significant decline in oil price impacts inflation expectation.
Review of Domestic Energy News
——China Energy Engineering Group CO.,LTD.(CEEC), enjoying the prestige in the fields of international energy project contracting and energy project investment, especially in the mining and electric power industries, presented its materials about CEEC issuing H-shares.
——Coal industry in China has achieved a lot since June 2014, which is particularly evident in 11 provinces such as Heibei, Shandong and Zhejiang with their policies about low-carbonization.
——According to Ministry of Industry and Information Technology of the People's Republic of China, in the first half of 2015, the gross industrial output value of PV industry has reached to over 200 billion yuan, increasing by 30% over the same period last year.
——According to National Development and Reform Commission, China will simplify the vetting process of water conservancy projects for the sake of boosting the efficiency, regulating the obligations and perfecting the service.
