Yan Qin @yanqin.bsky.social · 18h⚡Data on China spot power prices, in September National average: 317 RMB/MWh (~€42.1) Key demand centers recorded the highest averages: *Henan at 484 RMB/MWh (~€64.3) *Guizhou at 477 RMB/MWh (~€63.3) *Guangdong at 460 RMB/MWh (~€61.1) 131
Reposted by Yan QinJan Rosenow @janrosenow.bsky.social · 08/09/2026NEW RESEARCH: Europe has spent decades worrying about how to keep buildings warm. The harder question now is how to keep them cool. Today I'm publishing a new briefing on Europe's cooling challenge and how to solve it. The numbers are concerning but the solutions exist. A 🧵 520681
Reposted by Yan QinCatherine Wolfram @cwolfram.bsky.social · 04/09/2026New paper in @science.org: As of 2025, 80 carbon-pricing instruments were in place across 50 jurisdictions. By coordinating across systems, we can increase emission reductions and avoid trade barriers from a profusion of different border adjustments. www.science.org/doi/10.1126/...science.orgBuilding a scalable climate coalition for heavy industryEmissions could be reduced, with minimal impact on production, while generating billions in public revenues 1209
Yan Qin @yanqin.bsky.social · 03/09/2026China issued the latest ETS allocation plan for Power and 3 industrial sectors on 3 September, long-awaited by the Carbon market participants For the coal-fired power plants, the benchmarks will continue to be tightened for the 2025 and 2026 allocation (-0.1% yoy, following a 0.5% drop in 2024) 152
Yan Qin @yanqin.bsky.social · 03/09/2026Happy to share my latest post on the EU Carbon market development (so far) in 2026 published in RiEnergia rienergia.staffettaonline.com/articolo/360... Check also the full edition for insightful comments on energy markets (Gas Oil Electricity) rienergia.staffettaonline.comrienergia.staffettaonline.comIl prezzo del carbonio alla prova della regolazioneUn periodo turbolento per l’ETS 010
Yan Qin @yanqin.bsky.social · 02/09/2026⚖️ China carbon market regulator issued key parameters determining the number of allowances to the three industrial sectors for 2025 ETS compliance Balance Value is the carbon intensity of key processes when the total allowances handed out for 2025 equals the total allowances to be surrendered. 121
Reposted by Yan QinZia Weise @ziaweise.bsky.social · 02/09/2026European governments are planning to fight climate change with a major expansion of nuclear power. Global warming, however, is fighting back. On Europe's hot nuclear summer, w/ @nicolascamut.bsky.social & @elenagiordano.bsky.social: www.politico.eu/article/clim...politico.euHow climate change threatens Europe’s nuclear renaissanceEurope’s nuclear fleet feels the heat from rising temperatures. 1128
Yan Qin @yanqin.bsky.social · 01/09/2026new IMF working paper Macroeconomic Impacts of China’s Energy Transition www.imf.org/en/publicati... It also uses data from CETO2024 report www.cet.energy/category/rep... 021
Reposted by Yan QinFinancial Times @financialtimes.com · 26/08/2026 El Niño’s looming threat to the global food system ft.trib.al/1j6jJoX | opinionft.trib.alEl Niño’s looming threat to the global food systemThe world must be better prepared for big recurring shocks to agriculture 02714
Yan Qin @yanqin.bsky.social · 24/08/2026Interesting EU MACC in this new EPICO report analysing 128 decarbonisation measures across the energy supply, buildings, transport and industrial sectors epico.org/en/the-new-e... 010
Yan Qin @yanqin.bsky.social · 21/08/2026💡 Modelling multiple uncertainties in #Power #Carbon Markets On 16 August, I was truly honored to be invited to present my work at the 11th Purple Mountain Forum in Nanjing in China. Organized by the STATE GRID Electric Power Research Institute (NARI Group) 110
Reposted by Yan QinFinbarr Bermingham @fbermingham.bsky.social · 21/08/2026New from me - The Mistral paradox: Europe’s push for tech sovereignty relies on China’s AI What one quiet line says about Europe's duelling political and commercial incentivesscmp.comThe Mistral paradox: Europe’s push for tech sovereignty relies on China’s Z.aiAI race contender’s decision to offer GL-5.2 a sign of how European political and commercial incentives can pull in different directions. 4209
Yan Qin @yanqin.bsky.social · 21/08/2026China is considering a proposal to host the annual United Nations climate summit in 2028, a move that would signal the country’s intent to show greater global leadership on the issue #COP www.bloomberg.com/news/article...bloomberg.comChina Said to Weigh Potential Bid to Host 2028 UN Climate SummitChina is considering a proposal to host the annual United Nations climate summit in 2028, a move that would signal the country’s intent to show greater global leadership on the issue. 2468
Yan Qin @yanqin.bsky.social · 20/08/2026Impacts of EU CBAM on Chinese exports? Tsinghua TianGong researchers analyzed the Eurostat customs data Chinese Steel & Aluminium exports to the EU fell 4.7% in H1 2026 vs 2025, but still held up better than global (-10.8%) 130
Yan Qin @yanqin.bsky.social · 17/08/2026🛢️China issued 15th Five-Year Plan (2026-2030) for Oil and Gas Development #OOTT It sets out key targets for 2030 including gas storage etc. and a list of major oil and gas pipelines projects www.ndrc.gov.cn/xxgk/zcfb/tz... 101
Reposted by Yan QinCarbon Brief @carbonbrief.org · 06/08/2026NEW – Q&A: What is in China’s new five-year plan for climate change? | Lekai Liu w/ comment from Qin Yan and @yanqin.bsky.social Read here: buff.ly/Lx2PT5t 155
Yan Qin @yanqin.bsky.social · 03/08/2026⚡ China Unveils 15th Five-Year Plan for the construction of New Power System As a roadmap for the next five years, this plan sets a strategic target of 'initially establishing a new, modern power system by 2030' and specific targets too www.ndrc.gov.cn/xxgk/zcfb/tz... 152
Reposted by Yan QinBloomberg News @bloomberg.com · 01/08/2026Climate change is making “fire weather” more common, and more extremebloom.bgThe Age of Unstoppable Wildfires Has Reached EuropeClimate change means giant fires of the kind that ripped across France and Spain are becoming common, with potentially dire consequences for Europe’s economies. 04518
Reposted by Yan QinMichael Pettis @michaelpettis.bsky.social · 01/08/20261/5 SCMP: "After blanketing the country in railways, expressways, airports and seagoing canals to reach a 91 per cent completion rate, the push for the next 4 percentage points raises questions for the world’s second-largest... sc.mp/134hm?utm_so...sc.mpHow much transport is enough? China eyes 95% coverage across its record networkBeijing aims to expand nation’s world-leading network coverage, raising questions over need for more infrastructure projects as authorities flag ‘weak links’. 1142
Yan Qin @yanqin.bsky.social · 31/07/2026On 31 July, China State Council approved 8 new nuclear power plant units (4 projects) #HualongOne mp.weixin.qq.com/s/VWOAq9EIXc... 021
Yan Qin @yanqin.bsky.social · 29/07/2026🌳 China to expand the international influence of its #Carbon market. The 2026 China Carbon Market Conference will take place on 15 September, as which the work plan on Open Coalition on Compliance Carbon Markets will be adopted. 111
Yan Qin @yanqin.bsky.social · 29/07/2026China plans to take a more important role in the global campaign to tackle climate change, according to a 15th five-year plan published by key agencies. www.bloomberg.com/news/article...bloomberg.comChina Signals Nation Is Ready to Lead Global Climate ActionChina signaled it plans to take a more important role in steering the global campaign to tackle climate change, as officials offered further details on strategy to mitigate and adapt to rising tempera... 085
Yan Qin @yanqin.bsky.social · 29/07/2026China released National 15th Five-Year Plan for Addressing Climate Change by the Ministry of Ecology and Environment, jointly with 18 (!) other ministries, highlighting that climate change governance has been elevated to an unprecedented strategic level 184
Yan Qin @yanqin.bsky.social · 28/07/2026📑 State of the Global Carbon Markets: Q2 2026 www.clearbluemarkets.com/download-q2-... 001
Yan Qin @yanqin.bsky.social · 27/07/2026China mulls easing carbon market rules for coal-fired power plants, putting forward less stringent ETS benchmarks in the July draft of 2025-2026 allocation plan compared with earlier versions www.cets.org.cn/tzgg/7409.jh... 110
Yan Qin @yanqin.bsky.social · 24/07/2026📈 The rally in China Carbon market continued this week as market participants wait for the new ETS allocation plan for power and industrial sectors, which likely indicates tighter rules for emitters. Allowance CEA price rose to EUR 12, the highest level since January 2025 031
Yan Qin @yanqin.bsky.social · 24/07/2026My blog post on the EU ETS review www.clearbluemarkets.com/knowledge-ba...clearbluemarkets.comThe EU ETS Review Proposal July 2026 : Relief for Industry, Stability for the MarketIt's theme is a balancing act: aligning the EU ETS with a 90% greenhouse gas reduction target for 2040, while providing essential relief to ensure Europe’s industrial competitiveness and energy securi... 000
Yan Qin @yanqin.bsky.social · 23/07/2026On 23 July, China issued the strategic roadmap for renewable energy under the 15th Five-Year Plan (2026–2030) By 2030: Total installed renewable power capacity reaches 3,500 GW (6000 TWh) Wind & Solar: 2,800 GW www.ndrc.gov.cn/xxgk/zcfb/tz... www.ndrc.gov.cn/xxgk/jd/jd/2...ndrc.gov.cn【关于印发《可再生能源发展“十五五”规划》的通知(发改能源〔2026〕1067号)】-国家发展和改革委员会 042
Reposted by Yan QinEU Environment and Climate @euenvironmentandclimate.ec.europa.eu · 17/07/2026Today, the European Commission proposed reforms to the EU ETS to make Europe’s carbon market fit for the future. The idea is simple: invest in clean industry, strengthen competitiveness and keep cutting emissions while strengthening our energy independence 🎯 Read more: ec.europa.eu/commission/p... 055
Yan Qin @yanqin.bsky.social · 17/07/2026European Commission boosts Europe's competitiveness, decarbonisation and independence with Electrification Action Plan and ETS review ec.europa.eu/commission/p...ec.europa.euCommission boosts Europe\'s competitiveness, decarbonisation and independence with Electrification Action Plan and ETS reviewThe Commission today presents an Electrification Action Plan to make Europe the first electro-powered continent, and a stronger carbon market to support EU\'s industry in the clean transition and elec... 130
Yan Qin @yanqin.bsky.social · 16/07/2026🚀Celebrating 5 Years of China National Carbon Market Since the launch of trading in 2021, it has expanded from covering 5 billion tons of emissions from 2162 power sector enterprises, to 8.3 billion tons from 3378 enterprises in Power Aluminium Cement Steel sectors, 65% of China's emissions 172
Yan Qin @yanqin.bsky.social · 15/07/2026❗More info about the upcoming 17 July EU ETS review package -ETS Cap linear reduction factor -Market Stability Reserve -Scope expansion to departing flights (some) www.bloomberg.com/news/article...bloomberg.comEU Set to Slow Carbon Cuts to Give Industry More Time to AdaptThe European Union is set to slow cuts to emission limits in its flagship carbon market over the next decade, giving heavy industry more time to roll out clean technologies while keeping the bloc on t... 000
Yan Qin @yanqin.bsky.social · 15/07/2026❗Waiting for 17 July EUETS review package The European Commission will propose a decade-long framework for companies to use support under the ETS Investment Booster, which will allocate 400 million allowances to selected firms that pursue decarbonization projects. www.bloomberg.com/news/article...bloomberg.comEU to Give Companies 10 Years to Use New €30 Billion Carbon FundThe European Union aims to offer its ailing industries as many as 10 years of additional support to shift to cleaner production, under a plan to transfer €30 billion worth of allowances from the bloc’... 010
Yan Qin @yanqin.bsky.social · 22/06/2026💡 A milestone for China's Renewables deployment policy: moving into the 'consumption-driven' era On 22 June, the NDRC and 3 other ministries (industry, buildings, transport) jointed issued Implementation Measures on Renewables consumption targets 141
Yan Qin @yanqin.bsky.social · 18/06/2026On Thursday, EU carbon price held above €80, supported by heatwave driving up cooling demand/thermal power (Montel) An “extreme” heatwave of up to 42C set to hit western Europe this weekend has pushed front-week power prices above €100/MWh in France and Spain www.bloomberg.com/news/article...bloomberg.comEuropean Heat Wave Threatens to Spur Record Cooling DemandWestern Europe is baking under a heat wave that threatens to drive record cooling demand, just as warming rivers force French nuclear reactors to curb output. 142
Yan Qin @yanqin.bsky.social · 17/06/2026Report: The New Carbon Order: China’s Response to Europe’s CBAM China is moving toward instituting a broad system of carbon management and accounting to support its domestic #ETS and help firms mitigate the potential negative effects of #CBAM www.csis.org/analysis/new...csis.orgThe New Carbon Order: China’s Response to Europe’s CBAMChina has been quietly building the institutional architecture needed to navigate the EU's carbon tariff regime. 030
Yan Qin @yanqin.bsky.social · 15/06/2026On Monday EU carbon price crossed the EUR 80 mark after Bloomberg news reported that the 2026-2030 EU ETS benchmarks have been approved I think the relief rally was triggered by the fact that Commission resisted the pressure to water down the rules www.bloomberg.com/news/article...bloomberg.comEU Nations Approve Carbon Benchmarks for Handout of Free PermitsEuropean Union member states approved a controversial update of benchmark values for the bloc’s carbon market, taking a key step toward distribution of free allowances to companies in the flagship emi... 030
Yan Qin @yanqin.bsky.social · 15/06/2026🏭China state planner released 3-year action plan on energy savings and carbon reduction in key industries The upgrade and efficiency improvement measures are expected to reduce emissions by a total of 200 million tons. www.ndrc.gov.cn/xwdt/tzgg/20... 000
Yan Qin @yanqin.bsky.social · 15/06/2026🎉 Countdown to London Climate Action Week #LCAW Look forward to attending events and meeting so many of you from the climate and carbon markets community in London next week. 000
Yan Qin @yanqin.bsky.social · 12/06/2026On 12 June, China's environment ministry approved in principle the 'National 15th Five-Year Plan for Addressing Climate Change' 173
Yan Qin @yanqin.bsky.social · 11/06/2026🔛 China's transition into #Carbon Dual Control hits the START button On 9 June, Shanghai Municipality issued a notice on the 'Assessment of Energy, Carbon Emissions and Intensity of key units in 2025' fgw.sh.gov.cn/fgw_zyjyhhjb... 121
Yan Qin @yanqin.bsky.social · 09/06/2026The EU wants to extend charges for carbon emissions to foreign flights and use the revenue to support its transition to clean energy. The proposal is part of a reform of the EU ETS www.bloomberg.com/news/article...bloomberg.comEurope Plans to Extend Emission Charges to Foreign FlightsThe European Union wants to extend charges for carbon emissions to foreign flights and use the revenue to support its transition to clean energy, a move that risks backlash from foreign airlines and g... 120
Yan Qin @yanqin.bsky.social · 09/06/2026China is preparing to spend $295 billion over five years on building data centers across the country #AI The idea is to rely on local suppliers including Huawei for at least 80% of technology such as AI chips www.bloomberg.com/news/article...bloomberg.comChina Preps $295 Billion Plan to Fund Nationwide AI BuildoutChina is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and ... 020
Yan Qin @yanqin.bsky.social · 09/06/2026Since the launch of trading in July 2021, China's national carbon market #ETS now covers four industries: power generation, steel, cement, and aluminum smelting, including more than 3,300 enterprises and 8.2 billion tons of emissions www.cets.org.cn/hjywt/7382.j...cets.org.cn 010
Yan Qin @yanqin.bsky.social · 07/06/2026China’s first prefabricated computing power hub has started operations, offering a faster and lower-cost way to build and supply electricity to data centers, according to a report from China Central Television. www.bloomberg.com/news/article...bloomberg.comChina Starts Prefabricated Power Hub for Data Centers, CCTV SaysChina’s first prefabricated computing power hub has started operations, offering a faster and lower-cost way to build and supply electricity to data centers, according to a report from China Central T... 031
Yan Qin @yanqin.bsky.social · 06/06/2026📺30 minutes In-depth interview with Robin Zeng of #CATL, by China Caijing News Zeng shared his vision about transforming CATL to an Zero-Carbon Tech Company, 🔋new technologies, 🤖AIDC, Critical materials, Globalization, etc. 131
Yan Qin @yanqin.bsky.social · 04/06/2026💶 More details on the funding sources of the much-anticipated #EUETS investment booster Bloomberg: EU Designs €30 Billion Carbon Market Tool to Avoid Permit Deluge financialpost.com/pmn/business... 000
Yan Qin @yanqin.bsky.social · 29/05/2026The EU ETS surplus indicator: TNAC for 2025 has been released It stood at 1023.5 Mt, falling below the buffer of 1096 Mt for the first time 190 Mt EU ETS allowances (intake rate 18.6%) to be placed into the Market Stability Reserve between September 2026 and August 2027 120
Reposted by Yan QinJan Rosenow @janrosenow.bsky.social · 15/05/2026For years, the biggest criticism of renewables was simple: “What happens when the sun isn’t shining?” The answer is increasingly: battery storage. 24/7 solar power is no longer theoretical. In some places, it is becoming economic reality. 16036661047