If OPEC cut production to stimulate oil prices rising to 60 US dollars, production will increase significantly; China joins the International Energy Agency Hydrogen Implementing Agreement
(2016/11/21-2016/11/27)
Review of International Energy News
◆ IEA Director: If OPEC cut production to stimulate oil prices rising to 60 US dollars, production will increase significantly.
◆ Canada plans to phase out coal power generation by 2030.
◆ The EU plans to add 254 billion euros for renewable energy generation in order to achieve the 2030 target.
Review of Domestic Energy News
◆ China joins the International Energy Agency Hydrogen Implementing Agreement (IEA-HIA).
◆ The State Council will implement the strict acceptance of steel production capacity reduction.
◆ China Coal Industry Association: The task of reducing coal production capacity this year will be over fulfilled.