Group 1 - The UK new car market saw a recovery in May, with registrations increasing by 1.6% year-on-year to 150,070 vehicles, marking the best performance for May since 2021, although still 18.3% lower than pre-pandemic levels in 2019 [1] - Fleet and commercial users drove the growth, with increases of 3.7% and 14.4% respectively, accounting for 62.6% of total registrations, while private buyer interest declined for the second consecutive month, down 2.3% [1] - Demand for electric vehicles surged, with hybrid electric vehicle (HEV) sales up 6.8% to 20,351 units, plug-in hybrid electric vehicle (PHEV) sales increasing by over 50.8% to 17,898 units, and battery electric vehicle (BEV) registrations rising by 25.8%, capturing 21.8% of the market share [1] Group 2 - Year-to-date, BEV registrations only accounted for 20.9% of the market share, still 7 percentage points below the regulatory requirement of 28%, despite new models and attractive pricing [2] - The industry is calling for government fiscal incentives to match commitments to zero-emission vehicles, suggesting measures such as halving VAT on new BEVs, which could lead to an additional 267,000 new BEVs on the road over three years and a reduction of 6 million tons of CO2 emissions [2] - SMMT CEO Mike Hawes emphasized that while the growth in new car registrations is welcome, ongoing discounting by manufacturers is crucial for market support, particularly in the EV sector, but this practice cannot continue indefinitely as it undermines investment in new product development [3]

Core Viewpoint - The International Energy Agency (IEA) has released the "Energy Efficiency Policy Toolkit 2024," aimed at accelerating global energy efficiency improvements to support the goal of net-zero emissions by 2050. The toolkit emphasizes the importance of energy efficiency in enhancing quality of life, ensuring energy security, and facilitating the transition to clean energy [1][2][6]. Summary by Relevant Sections Policy Framework - The toolkit is designed to assist governments in implementing a combination of regulatory, informational, and incentive-based policies to double the rate of global energy efficiency improvements by 2030 [7][28]. - It builds on previous policy frameworks and emphasizes the need for a multi-faceted approach to energy efficiency across various sectors [7][12]. Sector-Specific Strategies - **Buildings**: New regulations mandate zero carbon emissions for new buildings, while existing buildings must set renovation targets. Energy performance certificates will enhance transparency, and subsidies will lower the cost of energy-efficient upgrades [1][28]. - **Appliances**: Minimum efficiency standards will phase out low-efficiency products, and energy labels will aid consumer decision-making. Financial incentives will reduce the cost of purchasing energy-efficient appliances [1][18]. - **Industry**: Minimum efficiency standards for motors will drive technological upgrades, and energy efficiency networks will promote knowledge sharing. The toolkit also includes measures to link energy efficiency with market mechanisms [1][20]. - **Vehicles**: Fuel economy standards will reduce emissions, and energy labels will provide consumer guidance. Subsidies for electric vehicles will accelerate their adoption [1][22]. Additional Focus Areas - The toolkit also addresses energy-efficient cities, clean cooking solutions, and energy efficiency financing, highlighting the importance of digital innovation and international cooperation [2][23]. - It aims to provide a systematic framework for energy efficiency improvements through coordinated actions across multiple sectors and policy types [2][28]. Strategic Principles - The toolkit outlines ten strategic principles to guide policymakers in enhancing and expanding existing energy efficiency measures, emphasizing the need for broad societal participation and international collaboration [10][11].

Group 1 - The Ho Chi Minh City People's Committee has approved a plan for the development of clean electricity and green energy to meet the needs of high-tech investments from 2025 to 2030 [1] - The plan aims to transition the energy structure from fossil fuels to renewable energy, reduce environmental pollution and greenhouse gas emissions, and support Vietnam's Nationally Determined Contributions (NDCs) and net-zero emissions commitment by 2050 [1] - The plan emphasizes the necessity and efficiency of developing rooftop solar energy in Ho Chi Minh City, as it does not occupy land, effectively cools buildings, increases local power supply, and enhances electricity supply security [1] Group 2 - New energy power projects that utilize 100% green hydrogen, 100% green ammonia, or a mixture of both will benefit from reduced fees and rental mechanisms [2] - The proposal includes a direct electricity purchase mechanism between renewable energy generation companies and large electricity consumers in high-tech parks [2] - Other related support policies will be implemented according to current laws [2]

Core Viewpoint - Despite high port fees imposed by the U.S. on Chinese-made ships since April, global buyers continue to purchase vessels from China due to its unmatched technological capabilities and production capacity in shipbuilding [1][5]. Group 1: Shipping Companies' Perspectives - Laurent, Senior Vice President of Mediterranean Shipping Company, stated that port fees will not hinder their plans to order more ships from China, praising China's strong technical capabilities [3]. - Mitsui O.S.K. Lines, a major Japanese shipping company, indicated that despite pausing orders for LNG carriers from China due to U.S.-China trade tensions, they still consider Chinese shipyards as essential partners for high-quality vessels [6]. Group 2: Market Dynamics and Trends - The International Maritime Organization aims for the global shipping industry to achieve net-zero emissions within 25 years, prompting increased investments in green fuels and decarbonization technologies, leading to a significant rise in new ship orders [5]. - In the first four months of this year, new ship orders totaled 12.6 million deadweight tons, with Chinese companies securing 54% of the orders, followed by South Korea with 22%, highlighting China's dominant position in the global shipbuilding market [6]. Group 3: Challenges for U.S. Shipbuilding - The U.S. shipbuilding industry faces significant challenges, including astronomical costs that are approximately five times higher than those in Asia, resulting in a limited annual production capacity of about 1.5 ships [5]. - The U.S. industrial base is relatively weak, with most companies opting to collaborate with Chinese supply chains, as exemplified by Mediterranean Shipping Company's partnerships with major Chinese shipyards [5].

Core Viewpoint - The forum emphasizes that hybrid powertrains are essential for achieving net-zero emissions in the automotive industry [1] Company Overview - Horse Powertrain was established in May 2024 and has its global headquarters in London, UK, with 17 manufacturing bases and 5 R&D centers [3] - The company employs 19,000 staff globally, including 3,000 engineers, and has an annual revenue of €15 billion (approximately ¥123.3 billion) [3] - Horse Powertrain's annual sales reach about 8 million powertrains, including engines, transmissions, and batteries [3] Product Portfolio - The company offers a diverse product range, including fuel engines, hybrid engines, plug-in hybrid engines, and transmissions [3] - Horse Powertrain can produce energy power systems using gasoline, diesel, liquefied petroleum gas, compressed natural gas, and methanol [3] Market Insights - By 2040, it is projected that around 50% of vehicles in the global market will still be internal combustion engine vehicles, equating to approximately 54 million vehicles annually [4] - The global stock of fuel vehicles exceeds 1 billion, with an average lifespan of 15 years, indicating a prolonged presence of internal combustion engines in the automotive industry [4] Technological Approach - The company believes that the transition to electrification should not focus on a single technology but rather embrace a multi-path development strategy [4] - Horse Powertrain aims to provide hybrid solutions that complement the development of pure electric vehicles, facilitating the transition for consumers hesitant about electrification [5] Energy Solutions - The company is exploring alternative fuels such as hydrogen, methanol, and synthetic fuels, which are expected to gain widespread use in the future [5] - Current challenges include high production costs for synthetic fuels, necessitating ongoing policy support for large-scale production and application [5] Future Developments - At the 2025 Shanghai Auto Show, Horse Powertrain will showcase alternative fuel solutions, including methanol, ethanol, hydrogen, and synthetic fuels [6] - The company has improved the combustion efficiency and emissions treatment of methanol engines, achieving a 30% reduction in carbon emissions compared to traditional gasoline engines [6] - Horse Powertrain aims to become an ecological coordinator and system integrator, developing a flexible and sustainable power technology platform tailored to regional fuel preferences [6]

Group 1 - The core viewpoint of the forum emphasizes the need for collaboration across the automotive industry to achieve net-zero emissions, as stated by Matias Giannini, CEO of Horse Powertrain [1] - The global automotive industry is undergoing a critical electrification transformation, with the goal of achieving net-zero emissions, although the paths and challenges vary by region [3] - By 2040, it is projected that pure electric vehicles will account for over 50% of global new car sales, raising questions about the future of the remaining 50% of vehicles that will still rely on efficient internal combustion engines or hybrid systems [3] Group 2 - Horse Powertrain aims to provide comprehensive solutions for efficient internal combustion and hybrid systems, leveraging years of technological expertise from Geely and Renault [4] - The company operates five R&D centers and 17 production bases globally, with an annual production capacity of 5 million units, meeting up to 80% of the market demand for hybrid and fuel-powered passenger vehicles [4] - Horse Powertrain showcased its advanced technologies at the 2025 Shanghai Auto Show, including alternative fuel solutions and a future super hybrid concept that integrates engine, motor, transmission, and power electronics into a compact modular unit [4] Group 3 - Matias highlights the importance of collaboration between automakers and powertrain suppliers to accelerate the pace of electrification transformation [5] - The Chinese market is expected to see plug-in hybrid models outpace pure electric models for the first time in 2024, reflecting China's strong innovation capabilities [5] - Horse Powertrain positions China as a core growth engine, aiming to support the country's future development towards achieving net-zero emissions through diverse solutions [5]

Group 1 - Clean hydrogen is a crucial catalyst for decarbonizing hard-to-abate sectors like steel and industrial chemicals in the Asia-Pacific region, representing significant economic opportunities [1][6][9] - By 2030 and 2050, the Asia-Pacific region will require 67 million tons and 235 million tons of hydrogen, respectively, to meet net-zero targets, with China and India accounting for approximately 80% of this demand [1][10][12] - The market value of clean hydrogen in the Asia-Pacific region is projected to reach $600 billion by 2050, constituting half of the global market [1][14] Group 2 - The Asia-Pacific clean hydrogen value chain will require $3.2 trillion in capital investment over the next 25 years, primarily directed towards China and India, with Australia needing over $300 billion as the largest exporter [2][22] - Investment focus will be on renewable energy generation and transmission (52%) and electrolysis (over one-third) [2][22] - Governments in the region are expected to announce clean hydrogen investment plans totaling $44.5 billion by 2025, despite facing challenges such as inconsistent certification systems and cost considerations [2][34] Group 3 - The supply of green hydrogen will dominate the Asia-Pacific hydrogen supply mix, expected to account for over 85% of capacity by 2030 and over 95% by 2050 [1][14] - However, domestic production will not meet net-zero demands, necessitating imports of 18 million tons of clean hydrogen and derivatives by 2030, increasing to 53 million tons by 2050, with a cross-border trade value of $145 billion annually [1][14][20] Group 4 - Key challenges for hydrogen development include establishing economically viable pricing strategies, a common risk-sharing framework, and a credible carbon certification system [7][33] - The success of early hydrogen projects will depend on the establishment of transparent cooperation mechanisms among stakeholders to enhance investor confidence [6][7] - The Asia-Pacific region's hydrogen trade corridor is still in its infancy and requires rapid scaling to support the global decarbonization process [21][22]

Core Viewpoint - SHEIN has announced its commitment to achieve scientific net-zero emissions by 2050, with both short-term and long-term reduction targets approved by the Science Based Targets initiative (SBTi) [1][7]. Group 1: Emission Reduction Goals - SHEIN aims to reduce absolute greenhouse gas emissions from its direct operations (Scope 1 and Scope 2) by 42% by 2030, and from its entire supply chain (Scope 3) by 25% [10]. - By 2050, the company plans to reduce absolute emissions across Scope 1, Scope 2, and Scope 3 by 90% [10]. - The net-zero emissions goal is defined as balancing greenhouse gas emissions with removal technologies, rather than complete elimination of emissions [7]. Group 2: Sustainable Practices - SHEIN has implemented a flexible supply chain model that minimizes waste through on-demand production, which aligns with its sustainability philosophy [5]. - The company has achieved significant reductions in plastic usage, with over 6,700 tons of plastic reduced and more than 21,000 tons of carbon emissions cut by using recycled materials in packaging [3]. - SHEIN's solar energy initiatives, including rooftop photovoltaic systems, are expected to save approximately 8,121 tons of standard coal and reduce CO2 emissions by about 22,000 tons annually [5][17]. Group 3: Technological Innovations - SHEIN collaborates with leading companies and universities to develop innovative recycling solutions, such as a new polyester recycling process that maintains material performance [8]. - The company has adopted digital cold transfer printing technology for denim, which significantly reduces water and energy consumption compared to traditional methods [9][12]. - SHEIN's digital printing technology has been applied to over 65% of its products from 2018 to mid-2024, showcasing its commitment to sustainable production methods [12]. Group 4: Industry Impact and Efficiency - The integration of ESG principles has led to improved energy efficiency and cost savings for suppliers, demonstrating the economic benefits of sustainable practices [13][14]. - SHEIN's investment in smart supply chains, exceeding 10 billion, aims to create a more sustainable and efficient production environment [17]. - The company's initiatives have transformed traditional factories into innovative, resource-maximizing operations, contributing to a greener supply chain [17].

Core Viewpoint - The global shipping industry is undergoing a significant green transformation, with a focus on achieving net-zero emissions by 2050, driven by the need for sustainable practices and regulatory pressures [2][4]. Group 1: Industry Challenges and Goals - The shipping sector accounts for over 80% of international trade transport and is a major source of carbon emissions, necessitating urgent green transformation [1][2]. - Without effective emission reduction measures, carbon emissions from the shipping industry could increase by 50% to 250% by 2050 compared to 2008 levels [2]. - The European Union's carbon border adjustment mechanism has included shipping, indicating that future access to international shipping will require a green passport [2]. Group 2: Role of Ports in Green Transition - Ports are seen as active promoters of green shipping, not just passive gateways, by investing in infrastructure and adopting smart technologies [2][3]. - Ningbo-Zhoushan Port has become a pioneer in the green transition, implementing LNG refueling, shore power coverage, and exploring zero-carbon fuel applications [3][7]. - Major international shipping centers like Shanghai and Hong Kong are also taking significant steps towards green transformation, with specific targets for LNG and green fuel capabilities [2]. Group 3: Collaborative Efforts and Innovations - Industry experts emphasize the need for collaboration across the sector, including policy guidance, technological breakthroughs, and capital mobilization [4][5]. - The establishment of a green technology innovation community is recommended to address challenges in hydrogen, ammonia fuels, and carbon capture technologies [5]. - The signing of agreements for green shipping corridors between Ningbo-Zhoushan Port and major European ports aims to enhance low-carbon cooperation and promote zero-emission shipping [6][7]. Group 4: Technological Advancements and Infrastructure - The development of a digital ecosystem and big data hubs is crucial for optimizing shipping operations and achieving resource efficiency [5][6]. - Ningbo-Zhoushan Port has achieved full shore power coverage for its berths and has implemented various green technologies, including the first LNG-diesel dual-fuel tugboat in China [7]. - The green shipping corridor model focuses on reducing emissions through collaboration among global ports, shipping companies, and governments [7].

"水电是破解可再生能源间歇性难题的'必选项'" ——专访国际水电协会首席执行官埃迪·里奇 在全球能源转型与气候挑战交织的关键时期，水电的战略价值日益成为国际焦点。5月19日，国际水电 协会首席执行官埃迪·里奇（Eddie Rich）在接受中能传媒专访时强调，水电是破解可再生能源间歇性难 题的"必选项"，而中国通过技术引领与共建"一带一路"倡议框架下的合作，正持续重塑全球水电格局。 中能传媒：在全球能源转型加速推进的背景下，您认为水电在其中担任何种角色？ 埃迪·里奇：首先必须明确，没有水电就无法实现脱碳目标。任何国家若想构建100%清洁电网，都离不 开大规模水电的支撑。水电之所以不可或缺，源于其为电网提供的多重关键服务：可靠性、弹性、安全 性和灵活性。作为基荷电源，水电不仅能稳定供电，更能在风光发电不足时"化身"储能，最大化利用可 再生能源。因此，开发水电资源不仅是重要选择，更是实现能源转型的绝对必要路径。 中能传媒：当前国际水电建设的整体发展趋势如何？有哪些新亮点与新窗口？ 埃迪·里奇：国际水电建设正呈现复苏向好的态势，但要实现全球净零排放目标，水电建设仍需提速。 数据显示，目前全球每年新增约20吉瓦常规水电 ...