Declines Exist in Both Refined Oil Price and PPI; Coordination Meeting Held for the Last Group of People Using Electricity

（2015/08/03-2015/08/09）

Review of International Energy News
——China is witnessing the fourth decline in the price of refined oil in terms of the fact that National Development and Reform Commission determines to decrease the price of gasoline and diesel oil, on top of that, it is hard for PPI to obtain a growth on a global scale.
——On August 3, 2015, President Obama and EPA announced the Clean Power Plan – a historic and important step in reducing carbon pollution from power plants that takes real action on climate change.
——According to Imperial College London, Europe and some European companies will start a clean energy program with an investment of 6 million euros on exploring the technology of the mass production of Cyanobacteria, also known as blue-green algae.
——Kyushu Electric Power Co. could restart the Sendai 1 reactor as early as Aug. 10, and Sendai 1 is expected to be the first Japanese reactor to generate power since 2013.

Review of Domestic Energy News
——On 1st August, 2015,National Energy Administration held the coordination meeting to address the problems about the last group of people using electricity in Xining.
——China Electricity Council released The Forecast Report for the Analysis of National Electricity Demand and its Supply in the First Six Months of 2015 and pointed out that there was no satisfying condition for electricity generation.
——According to National Development and Reform Commission, China’s coal companies are seeking for new growth points in emerging areas such as new energy, investments and logistics when they are confronted with the continuing decrease of profits in their own fields.