53,057 research outputs found

    Credit development strategy of China's banking industry to the electric power industry

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    With the increase of harmful substances and greenhouse gases that need to be discharged from the traditional thermal power in industrial production in China, the phenomenon of climate warming is becoming more and more prominent. Clean energy will continue to increase in China's future energy consumption structure and market share, hydropower, nuclear power, and other energy as China's main clean energy, the future in China still has a huge market development and use of space. The new policies further adopted by the central bank of China include: continuously optimizing the structure of reasonable credit fund allocation and risk fund application for electric power enterprises to enhance the return rate of assets of electric power enterprises; continuously supporting the development of smart grid and strengthening the linkage between network and electric power; reasonably and categorically guiding the source of clean utilization of electric power, actively supporting large hydropower generation and solar and nuclear power generation, and investing funds in a controlled manner to support large thermal power generation, promote the upgrading of the thermal power generation industry structure, cautiously guide funds into large biomass power generation, wind power generation and small and medium-sized micro-hydro power, strictly control small and medium-sized thermal power, as soon as possible to withdraw from the implementation of the national preferential policies for small and medium-sized power industry management system, energy conservation and reduction of harmful emissions of environmental gases of enterprises is not possible to meet the standards and there are financial risks business efficiency situation Small and medium-sized electric power enterprises that continue to seriously deteriorate

    Speaking Truth To Power: Why Energy Distribution, More Than Generation, Is Africa's Poverty Reduction Challenge

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    This paper revisits the roles that energy plays in poverty reduction. First, while energy does not reduce poverty itself, it delivers energy services. These services can improve poor people's welfare both directly by enhancing their own productivity, education and health, and indirectly by changing the economy around them. The paper provides a simplified framework for thinking about these energy services, and then reviews the literature on their importance to poverty reduction. From this framework, we draw a series of three important conclusions about energy priorities and their implications for poverty reduction and development.Tackling energy poverty will have less to do with ambitious expansion of electricity capacity, and more to do with ambitious distribution of energy services to poor people.Expansion in centralized power generation serves industry, the services sector and already-connected households, before it serves the poor.Distributed, clean energy interventions are best suited to tackling energy poverty -- and poverty more generally

    The political economy of decarbonisation: exploring the dynamics of South Africa’s electricity sector

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    South Africa’s coal-dominated electricity sector, a key feature of the country’s minerals-energy complex, is in crisis and subject to change. This offers potential opportunities for decarbonisation. Despite positive examples of decarbonisation in South Africa’s electricity sector, such as a procurement programme for renewable energy, there are structural path dependencies linked to coal-fired generation and security of supply. Decarbonisation goes far beyond what is technologically or even economically feasible, to encompass a complexity of political, social and economic factors. Meanwhile, decision-making in electricity is highly politicised and lack of transparency and power struggles in the policy sphere pose key challenges. Such power struggles are reflected in national debates over which technologies should be prioritised and the institutional arrangements that should facilitate them

    Is corporate Asia ready for the green economy?

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    This report explores the concept of a ‘green economy’, and its relevance in Asia. It explores the roles that policymakers, investors, corporates and accountants need to play to facilitate the transition to a green economy.Publisher PD

    South Africa’s renewable energy procurement: a new frontier?

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    Despite a continuing electricity crisis from its coal-fired sources, in recent years South Africa has become one of the leading destinations for renewable energy investment. This is thanks to the launch of its renewable energy independent power producers’ programme for which an estimated $14 billion/R168 billion has been committed thus far and approximately 4 GW of utility-scale renewable energy capacity approved. The programme is unique in that it in order for projects to qualify, developers must commit to undertake requirements for community ownership and economic development benefits in a country with gross socio-economic inequality. As the industry facilitated by RE IPPPP continues to develop, however, concerns have arisen including: the extent to which financial returns will leave or benefit the country; that the ownership of the industry is rapidly becoming the domain of large international utilities; and emerging tensions between ‘bankability’ required by banks and investors and the economic benefits and community ownership criteria

    Methodology Of Assessing Investment Attractiveness Of Ukrainian Gas Producers

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    The development of a methodology for assessing investment attractiveness of businesses of Ukrainian gas production industry that is presented in the form of a generalized algorithm reflects the conceptual model of research. The scope of research is methodological approaches to assessing investment attractiveness of businesses. The purpose of this study is to recommend methodology for assessing the investment attractiveness of Ukrainian gas producers. The methodology for assessing investment attractiveness of gas producers can be used to determine the investment attractiveness of an individual business, evaluate financial position in the course of privatization and development of measures for rehabilitation or liquidation of a business, as well as to carry out a financial analysis at the initiative of both the business itself and investors who consider investment in production. The paper assesses performance of the leading gas producers in accordance with the individual life cycle stages of the business. The authors propose management measures to ramp up natural gas production in Ukraine. The amount of investment in the gas production industry required to achieve the estimated gas production figures has been assessed and the overriding priorities for the development of Ukrainian gas production industry have been established

    China's absorptive State: research, innovation and the prospects for China-UK collaboration

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    China's innovation system is advancing so rapidly in multiple directions that the UK needs to develop a more ambitious and tailored strategy, able to maximise opportunities and minimise risks across the diversity of its innovation links to China. For the UK, the choice is not whether to engage more deeply with the Chinese system, but how. This report analyses the policies, prospects and dilemmas for Chinese research and innovation over the next decade. It is designed to inform a more strategic approach to supporting China-UK collaboration
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