China’s annual “two sessions” gives an indication of China’s broad policy direction for the year, covering topics from the economy to industrial strategy to environmental protection. David Chen explains the highlights, and the implications for the nickel value chain.
Vacuum insulated piping (VIP) makes it possible to transport liquefied gases at temperatures well below 0 °C to facilitate the energy transition
Reducing energy-related CO2 emissions is pivotal to limiting climate change, with the main drivers to bring about the required carbon reductions being renewable energy and energy efficiency. Concentrated solar power is one such renewable energy technology set to increase dramatically in the foreseeable future. It will need to provide energy at a competitive cost to outshine the competition.
While it may require an initial higher investment when compared with other materials, stainless steel’s unique properties deliver long-term performance and economic benefits including minimum downtime, reduced maintenance costs and reduced environmental impacts.
As delegates to the UN COP26 Climate Change conference in Glasgow grapple with the climate crisis, clean energy solutions will be in focus. Although clean energy technologies rely on metals and minerals that are unavoidably energy intensive to produce, the IEA says that the climate advantages of these technologies remain clear.
The many new and innovative applications of hydrogen as fuel show great promise for a greener future.
New energy legislation is set to optimize China’s energy structure and boost the use of non-fossil energy. Aligning with China’s regulatory agenda, nickel will play a vital role in tomorrow’s world powered by cleaner energy.