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Top related persons:
David Fishman - 1 Xuewan Chen - 1 Group's Fishman - 1 Zhang Kai - 1 Colleen Howe - 1 Andrew Hayley - 1 Edmund Klamann - 1 Muralikumar Anantharaman - 1
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BEIJING China Shanghai Beijing Shanxi Jiangxi Ganneng Hunan Greenpeace East Asia
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National Development - 1 Reform Commission - 1 Analysts - 1 Lantau - 1 LSEG - 1 Jinneng Holding - 1 Power Co - 1 Centre for Research - 1

Search resuls for: "Zhang Kai"


2 mentions found


☆ China to guarantee payments to coal power producers based on capacity
  + stars: | 2023-11-10 | by ( Andrew Hayley Colleen Howe | Andrew Hayley | Colleen Howe | ) www.reuters.com   time to read: +4 min
The capacity payments will be calculated based on fixed costs of 330 yuan ($45.25) per kilowatt per year for coal plants. Analysts said the move was important to ensure the financial viability of seldom-utilised, backup coal power, which is used for demand peaks or when renewable power generation is insufficient. However, observers also cautioned that the policy could risk entrenching inefficient coal power in China's energy system, despite its rapid expansion of renewable power generation capacity. "Capacity-based electricity pricing for coal power will further incentivise state-owned enterprises in China to build new coal power projects in the short term. Capacity payments should be for all power producers, not only for coal power," said Zhang Kai, deputy program director for Greenpeace East Asia in Beijing.
Persons: David Fishman, Xuewan Chen, Group's Fishman, Zhang Kai, Colleen Howe, Andrew Hayley, Edmund Klamann, Muralikumar Anantharaman, Kim Coghill Organizations: National Development, Reform Commission, Reuters, Analysts, Lantau, LSEG, Jinneng Holding, Power Co, Centre for Research, Energy, Clean, Greenpeace East, Thomson Locations: BEIJING, China, Shanghai, Beijing, Shanxi, Jiangxi Ganneng, Hunan, Greenpeace East Asia
☆ Analysis: China's markets clutch at economy reopening straws
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: +4 min
Nearly three years after the coronavirus was first detected in central China, daily cases hit a six-month high on Friday. Even the unverified social media post on Tuesday that sparked the market's exuberance said a "Reopening Committee" would not aim at relaxing the curbs before March. China stocks market cap'THE TEST OF HISTORY'But cooler heads warn that China's trajectory of COVID rule relaxation will not resemble this week's stock charts. Reopening from COVID will likely take "a steady and gradual approach", similar to China's lengthy but successful economic liberalisation, said Zhang Kaihua, a Nanjing-based hedge fund manager. Yin Peixin, investment manager at Shanghai Jianlong Asset Management Co., said: "If our leadership doesn't stick with zero-COVID, China will be thrown into a hellish condition."
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