Review of International Energy News

◆ Japan Atomic Energy Planning Committee raised the nuclear accident level in the first nuclear power plant in Fukushima to the International Nuclear Accidents of Event Scale (INES) of Level 3.

◆ Belarus intended to build a nuclear plant in border areas of Belarus and Lithuania, which was not supported by Lithuania because of national security and environmental issues.

◆ According to Indonesia Secretary of Energy, Indonesia government wants to cut the national coal production capacity, avoiding the excessive exploitation of coal resources.

◆ Traditional energy industry is facing a severe crisis due to the subsidies for wind power and photovoltaic in Germany.

Review of Domestic Energy News

◆ The memorandum of understanding(MOU) between China National Petroleum Corporation and the Kenyan government was signed, which would solve the shortage of electricity in Africa.

◆ State Grid Corporation of China plans to invest 620 billion RMB to build 20 Smart ultra-high voltage transmission lines.

◆ A consortium of China Gezhouba Corporation, Argentina Electric Power Engineering Corporation and Argentina KuYue hydraulic Corporation won the bid of a large hydropower project in Argentina with the price of 22.925 billion pesos(4.1 billion dollars).