Tian Heqi, trainee reporter of Interface News

Cement, steel, and electrolytic aluminum will be included in the national carbon market

On September 9, the General Office of the Ministry of Ecology and Environment issued a letter on publicly soliciting opinions on the "Work Plan for the National Carbon Emission Trading Market to Cover the Cement, Iron and Steel and Electrolytic Aluminum Industries (Draft for Comments)". The work goal proposes two stages: starting the implementation (2024-2026) and deepening and improving (2027-), actively and steadily promoting the construction of the national carbon emission trading market in the cement, steel, and electrolytic aluminum industries, and clarifying the specific goals of each stage. In terms of thresholds, taking into account factors such as management costs and industry carbon reduction pathways, the cement, steel, and electrolytic aluminum industries are the same as the power generation industries, and their annual greenhouse gas emissions still reach 26,000 tons of carbon dioxide equivalent.

The draft Energy Law will be reviewed for the second time, adding provisions on the development and utilization of new energy sources such as wind, solar, and hydrogen energy

The

Legislative Affairs Commission of the Standing Committee of the National People's Congress held a press conference on September 9, and spokesman Wang Xiang pointed out in response to questions that compared with the draft for comments, the second draft of the Energy Law has been adjusted in several aspects. Among them, in order to further promote the green and low-carbon transformation of energy, the content of the development and utilization of new energy sources such as wind energy, solar energy, biomass energy, geothermal energy, marine energy, and hydrogen energy has been added.

The damaged power facilities in Haikou have been rushed through one after another, and the power supply in many areas has been restored one after another

According to the WeChat official account of "Haikou Release", on September 9, after overnight repairs, a number of important substations resumed operation, and power supply was gradually restored in many areas. Up to now, 22 of the 28 substations that have been suspended due to the typhoon have been restored, and 368 of the 552 10 thousand volt lines that have been suspended due to the typhoon have been restored. Of the 1,589 typhoon-damaged communities in the city, 1,191 have been restored, and the remaining 398 have not been restored.

Passenger Car Association: Passenger car exports in August totaled 413,000 units, up 24% y/y

On September 9, the China Passenger Car Association released data showing that passenger vehicle exports (including finished vehicles and CKD) in August were 413,000 units, up 24% y/y and 9% m/m. Passenger car exports from January to August totaled 3.04 million units, reflecting a 30% y/y increase. NEV passenger vehicle exports in August totaled 99,000 units, reflecting a 23.7% y/y increase and a 7.6% m/m increase. It accounted for 24% of passenger car exports, unchanged from the same period last year. In August, BYD (30,451 units), Tesla China (23,241 units), SAIC Motor (5,128 units), and Chery Automobile (4,472 units) were the top exporters.

JinkoSolar successfully delivered the Blue Whale SunTera large-scale energy storage system in Lagos, Nigeria

Recently, JinkoSolar (688223.SH) announced that it has successfully delivered the first Blue Whale SunTera large-scale energy storage system in the South Africa Saharan region. The project is a core component of the National Centre for the Performing Arts (NCPA) PV Storage Project in Lagos, Nigeria, which will improve energy efficiency and ensure uninterrupted power supply to the Grand Theatre.

CATL is said to be in talks to acquire a new energy source

According to latepost news on September 9, CATL (300750.SZ) is seeking to acquire photovoltaic module and photovoltaic cell companies, and is currently negotiating the acquisition of new energy with photovoltaic module manufacturers. Founded in 2018, Yiyi New Energy ranked eighth in global PV module shipments in the first half of this year. The report quoted a number of people familiar with the matter as saying that before the approach, CATL had also tried to buy a 51% stake in Runyang, another PV module manufacturer, for 4 billion yuan. Runyang is the world's fifth-largest manufacturer of photovoltaic cells. In the end, Tongwei, a leader in the photovoltaic industry, bid 5 billion yuan to acquire 51% of Runyang's shares, creating a record for the amount of mergers and acquisitions in the history of China's photovoltaics. Tongwei announced the deal in mid-August.

Panasonic completed the mass production preparation of the 4680 battery

On September 9, Panasonic Energy, a subsidiary of Panasonic Group, announced that it has completed preparations for mass production of 4680 cylindrical automotive lithium-ion batteries. Its Wakayama plant in western Japan will be the mother plant for the production of 4680 batteries, and the new pilot process will be implemented at other plants around the world. By March 2025, about 400 employees are expected to be involved in the development and production of next-generation batteries at the Wakayama plant.

The main person in charge of the National Energy Administration met with Podesta, senior adviser to the President of United States on international climate policy

On September 6, Zhang Jianhua, director of the National Energy Administration, met with Podesta, senior adviser to the President of United States on international climate policy. Podesta praised China's remarkable achievements in clean energy development and said that the United States is willing to conduct in-depth exchanges with China on addressing climate change, reducing carbon emissions and promoting energy transition under the mechanism of the China-US Climate Action Task Force. Zhang Jianhua said that since the release of the China-US Sunshine Land Statement, China has attached great importance to and actively promoted relevant work, and has taken the lead in carrying out the work of the China-US Energy Transition Task Force. As the world's two largest clean energy markets, China and the United States should work together to focus on the practical challenges of global renewable energy development and make every effort to advance the energy transition. The two sides had an in-depth exchange of views on the implementation of the China-US Sunshine Land Statement, work in the energy sector and related energy issues.

Sinopec's first LNG terminal in Guangdong was officially put into operation

On September 9, the carrier "Zhongneng Beihai" from Australia loaded with 72,000 tons of liquefied natural gas (LNG) arrived in the South China Sea yesterday and successfully berthed at the Huaying LNG terminal of Sinopec Natural Gas Branch. Sinopec (600028.SH) said that the arrival and unloading of the first commercial gas ship marks the official operation of Sinopec's first LNG project in Guangdong Province, which will not only effectively help the region extend the natural gas industry chain, but also enhance the capacity of natural gas peak regulation and supply guarantee in eastern Guangdong and the Guangdong-Hong Kong-Macao Greater Bay Area.

Huang Zhen, academician of the Chinese Academy of Engineering: The cost of green fuels largely depends on the cost of hydrogen and carbon sources

On September 9, at the 2024 Pujiang Innovation Forum, Huang Zhen, academician of the Chinese Academy of Engineering and dean of the Institute of Carbon Neutrality and Development of Shanghai Jiao Tong University, said that the cost of green fuels largely depends on the cost of hydrogen sources and carbon sources, hydrogen production mainly depends on the price of green electricity, and the cost of carbon sources mainly depends on the cost of biomass and carbon capture. "The cost of green fuels should not only be viewed from the inside, but also from the outside; We should not only look at it from a static point of view, but also from a dynamic point of view, and also look at the impact of global carbon constraints, such as EU carbon tariffs, carbon quotas, and carbon incentives and punishments. At the same time, the cost of green electricity should also consider the zero marginal cost characteristics of green electricity. ”

Institutions: In the first half of 2024, China's new energy industry will invest 2.1 trillion yuan

On September 9, according to CINNO Research statistics, the total investment in new energy projects in China (including Taiwan) from January to June 2024 reached 2.1 trillion yuan, down 57.1% from the same period last year. The investment funds mainly flowed to the wind power and photovoltaic industries, amounting to about 1.0 trillion yuan, accounting for about 49.4%, a year-on-year decrease of 55.4%; The total amount of battery investment was about 333.9 billion yuan, accounting for about 16.0%, a year-on-year decrease of 69.9%; The total investment in energy storage was about 260.9 billion yuan, accounting for about 12.5%, a year-on-year decrease of 71.7%; The total investment in hydrogen energy was about 397.5 billion yuan, accounting for about 19.1%, down 13.4% year-on-year.

The Shanghai Municipal Development and Reform Commission and other departments issued a document to accelerate the promotion of new energy vehicles to be traded-in

On September 9, the Shanghai Municipal Development and Reform Commission and other departments issued the "Notice on Implementing the Decision-making and Deployment of Promoting the Trade-in of Consumer Goods and Further Supporting the Trade-in of New Energy Vehicles in the City". From the date of issuance of the notice to December 31, 2024, individual users who meet the relevant requirements of Article 4 of the Implementation Measures for Encouraging the Purchase and Use of New Energy Vehicles in Shanghai (Hu Fu Ban Gui [2023] No. 25) may apply for a special license plate quota for new energy vehicles under the following circumstances: (1) A new energy passenger car registered with the non-commercial passenger car quota in Shanghai (hereinafter collectively referred to as "new energy passenger cars") registered with the new energy passenger car quota in Shanghai (hereinafter collectively referred to as "new energy passenger cars") Transfer or scrap the new energy passenger car under the name, and purchase a new pure electric vehicle through trade-in. (2) Individual users who have two or more new energy passenger cars registered in the city under their names shall transfer or scrap the new energy passenger cars under their names, and purchase new pure electric vehicles by trade-in.

Jiahuan Technology Co., Ltd. established Carbon Intelligence Technology Co., Ltd. in Suzhou to engage in the research and development of carbon emission reduction, carbon conversion, carbon capture and carbon sequestration technologies

According to the Qichacha APP, recently, Jiahuan Carbon Intelligence (Suzhou) Technology Co., Ltd. was established, the legal representative is Han Baohua, with a registered capital of 10 million yuan, and its business scope includes: carbon emission reduction, carbon conversion, carbon capture, carbon sequestration technology research and development; solar power generation technical services; energy contract; Artificial intelligence general application system, etc. According to the equity penetration of Qichacha, the company is wholly owned by Jiahuan Technology (603206.SH).

Defu Technology: Some of the company's consumer battery foil supply is being mass-produced and shipped, corresponding to a variety of multiple folding mobile phone models

On September 9, Defu Technology (301511.SZ) said on the interactive platform that the electrolytic copper foil produced by the company is the anode current collector of lithium batteries, and the anode materials of lithium batteries have high requirements for foils after being doped with silicon. Competitiveness is the embodiment of the hard power of innovation and R&D investment, and the supply of some of the company's consumer battery foils is being mass-produced and shipped, corresponding to a variety of multiple folding mobile phone models and high-standby performance lithium battery applications.