Beijing Calls for Higher Investment in Renewable and Power Grid Technology

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 20 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 68%

Beijing News

Electricity,Grid,Power Generation

China's state planner has called for more investment in equipment upgrades to help support the country's energy transition

China's state planner has called for more investment in equipment upgrades to help support the country's energy transition. The energy upgrade plan calls for investment in renewable and power grid technologies, energy conservation, and coal power plant flexibility—areas that Beijing has signaled will be key to the transition from coal to lower-carbon power.

The ongoing AI boom, in particular, has been driving a surge in power demand, with the Electric Power Research Institute EPRI predicting that data centers will gobble up up to 9% of total electricity generated in the United States by the end of the decade, up from 1.5% currently, as reported by Scientific American. For the first time in decades, demand for electricity in the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Barrick earnings up, AISC continues to climbHigher prices result in higher margins
Source: MiningOnline - 🏆 117. / 51 Read more »