Latest: Energy News

China dependence on foreign sources of battery metals such as nickel, lithium and cobalt poses a risk to its electric vehicle industry, a metals industry official said on Friday.

Nayara Energy's Russian parent Rosneft has already been hit by Western sanctions after Russia's invasion of Ukraine and traders are concerned the Indian refiner will suffer the same fate.

Taipower spokesperson Wu Chin-chung said no more business would be done with Russia due to its war in Ukraine. It will get coal from several other countries instead.

Support for nuclear energy has re-emerged in Japan after the war in Ukraine and concern it caused about energy shortages. Kishida's government is also looking at green power sources.

Industry ministry orders officials and firms to eliminate illegal activities in the sector, after the IEA called for a more diverse supply chain to reduce China's PV manufacturing dominance

Some Chinese traders expect more Russian coal to flow into China in the fourth quarter when utilities in the northern region build stocks for the winter heating season.

For a period on Friday solar accounted for about 40% of power on the national market, over coal at 38%, according to the report, which said this is the future under renewables.