Monday, 22 December 2014
Last updated 14 hours ago
Feb 4 2009 | 8:46am ET
Chinese state media announced Wednesday the country would invest 580 billion yuan ($85 billion) to expand its energy industry in 2009, including investment in nuclear and wind-powered capacity.
State-owned power companies are increasing their investments to meet growing demand and boost economic growth. In addition to increased investment in coal-fired generation, plans call for spending on wind, nuclear and solar power, according to Chinese state television.
China will build eight more nuclear plants with a total of 16 reactors over the next three years, according to the China Daily newspaper.
The country has 11 nuclear reactors supplying about 1% of its power, and Beijing wants to raise that share to 5%, said the newspaper.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.