IEA raised non-OPEC production expectations; The 13th Five-Year Plan on electric power development: power supply will be normalized
(2016/11/7-2016/11/13)
Review of International Energy News
◆ IEA raised non-OPEC production expectations.
◆ Australia formally ratifies the Paris Agreement on Climate Change.
◆ Non-hydropower renewable energy in Canada has achieved rapid development.
◆ To break oil monopoly, Brazil passes the oil law amendment
Review of Domestic Energy News
◆ The 13th Five-Year Plan on electric power development: power supply will be normalized.
◆ The nation's total electricity consumption in the first 10 months increased by 4.8%, of which the nuclear power makes the largest increase.
◆ The market-oriented reform of natural gas prices has taken a key step forward.
◆ Strong regulatory restrictions the "too high coal prices", and coal prices ended 18 consecutive growth