[CNOOC Rim Bohai New Energy Co., Ltd. was unveiled and established] Recently, CNOOC Bohai New Energy Co., Ltd., wholly-owned by CNOOC (China) Co., Ltd., received its business license from the Management Committee of Tianjin Port Free Trade Zone, and CNOOC Bohai New Energy Co., Ltd. officially settled in Tianjin Port Free Trade Zone. On March 21, Wang Dongjin, secretary of the party group and chairman of CNOOC, attended the unveiling ceremony of CNOOC Bohai Rim New Energy Co., Ltd., marking that CNOOC has opened a new chapter in accelerating the layout of new energy industries in the Bohai Rim region. Wang Dongjin pointed out that the current global new round of technological revolution, industrial revolution and energy revolution is booming, and the energy industry is accelerating towards low-carbon, diversified and intelligent development. General Secretary Xi Jinping attaches great importance to dual-carbon work and low-carbon energy development, and has delivered important speeches and instructions many times. In the report of the 20th National Congress of the Communist Party of China, the general secretary once again emphasized the need to actively and steadily promote carbon peaking and carbon neutrality, and "deeply promote the energy revolution" as an important measure to achieve the "double carbon" goal. Editor / Zhao E

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• 2026.02.09 16:30
• [Australia: 120 gigawatt hours of energy storage can provide 98.5% renewable energy supply]
• The latest simulation study shows that the Australian national electricity market can achieve nearly 100% renewable energy supply with only 24 gigawatts/120 gigawatt hours of energy storage, of which renewable energy accounts for 98.5% and the remaining 1.5% is supplemented by other energy sources. This simulation is based on actual electricity data since August 2021, scaling wind and photovoltaic power generation to 60% and 45% of annual demand, respectively, and utilizing existing hydropower synergy balance. The estimated power supply cost is $126 per megawatt hour, which is equivalent to the wholesale electricity price level in the past five years.Editor/Yang Meiling

• 2026.02.09 16:30
• [EU sets new high for battery energy storage installation by 2025]
• In 2025, the EU will add 27.1 gigawatt hours of battery energy storage capacity, a year-on-year increase of 45%, setting a historical record. Since 2021, the total scale of energy storage in the European Union has surged from 7.8 gigawatt hours to 77.3 gigawatt hours, an increase of nearly tenfold. The report points out that public utility scale projects have become the main force, accounting for 55% of the annual new installed capacity, indicating a significant shift in market structure. To meet the energy flexibility needs by 2030, the EU needs to increase its energy storage capacity tenfold to approximately 750 gigawatt hours to support large-scale integration of renewable energy.Editor/Yang Meiling