China’s flagship third-generation nuclear power reactor brand Hualong One is expected to benefit from an integration agreement between the country’s two developers, a move that could speed up construction, Kallanish Energy learns.
Russia’s oil giant Rosneft and private Chinese conglomerate CFEC China Energy have signed a strategic cooperation agreement in Moscow last week, with a view to create a vertically integrated joint venture in Russia.
China Shenhua and China Guodian last week submitted a merger proposal to the State Council which, If approved, will create the world's largest power company (power capacity-wise), surrpassing EDF and Enel.
Southern China’s Guangdong province has detailed differential electricity and energy prices for steelmaking, according to the provincial Economy & Information Commission. Six major local steelworks, including Baosteel Zhanjiang and Shaoguan, have been exempted from increased electricity prices based on their published equipment data, sister publication KallanishSteel notes.