Good example is Tokyo Electric Power Company of which has the shadow of both company. Instead of handling the contaminated water properly, they just dump it into the ocean making the entire global population paying the price.
Firstly U.S. found EU relied too much on Russia's energy, so it helps EU to derisk from the energy. Then U.S. found EU relied too much on China's market. so it helps EU to derisk from the market.
Low electricity price is one of the reason why EV is so popular in China. If charged during the night, the running cost of an EV is like 5-10% of an ICE car for the same driving range.
as usual, they failed to tell china that they are not supposed to plan for 10 to 20 years ahead, they must follow the western ideal planning cycle of four years and than switching to a completely different one so anything that need longer than four year is literally impossible to do. also nobody told them to add tariffs on their own production so it costs double or triple than it needs to be so the government takes its cut while providing nothing. and finally nobody told them to close down the coal and nuclear plants before they built enough of anything else, while cutting ties of the cheap source energy for the benefit of a third country.
The Western ideal is squeezing a few more pennies during the current quarter, they don't plan 4 years at a time. All of those grand pronouncements get abandoned a few weeks later.
@@shekondog My electricity bill for a 10,000 sq ft home (in Singapore) used to be S$600+. But after installing solar panels (costing S$56,000), it's now $0 and on top of that I receive S$200-$400/monthly from utility company that bought off excess electricity from grid. We also have 2 EVs, and you calculate the math, it is much beneficial for me having the solar panels.
China is racing forward to a future where energy is virtually "FREE", and nobody in the West seems to comprehend the implications, much less the long term impact. China is moving away from consumable energy in the form of oil, gas, and coal which must be constantly extracted, transported and lit on fire in favor of highly efficient renewable energy which is dominated by a one-time capital expense that keeps producing "FREE" energy as long as you maintain it. The return on investment is surprisingly fast when whole of society system costs are factored, specifically the global warming, national security, and pollution. That is, as China's renewable percentage increases, they reduce the future cost of remediating global warming effects on their oceanside cities, reduce the cost of protecting energy imports, and reduce the environmental and health impacts from pollution. Then there's the low cost aspect, which drives huge production efficiencies and further opportunities to lower cost via electrification and automation. China already sees this in transportation, with electrified rail & bus public transit, personal NEVs, electric trucks and now electric inland container transport all powered by renewables for a low cost driverless future. China's people and goods will automatically get from A to B without expensive human labor, simply due to their massive renewable energy surplus.
That sounds like a woke wet dream to me. China still relies heavily on coal while countries like the UK - built on coal - just closed their very last coal burning power station. China's cheap energy has more to do with centralised state planning - planning which considers economic common sense and national (instead of class) interest first and last.
@@kubhlaikhan2015 Blaming coal-fired power plants all day feels like a sort of copium. If you have the latest ultra-supercritical coal-fired power technology that can eliminate all pollutants except CO2, and can plant enough trees in the future to offset those emissions, why can't use coal? Plus, with retrofitting for flexibility, most coal plants wouldn’t operate at full capacity but would instead serve mainly to smooth out the fluctuations in renewable energy production.
@@kubhlaikhan2015 Not understanding something as basic as "Peak Coal" and "Peak Carbon" is pretty embarrassing. FYI, "Peak" means the highest level, after which it declines, so today, China at Peak Coal means it's high, but will decline. As for central planning, that's been the massive shift from oil, coal, and gas to renewable hydro, wind and solar over the past decade under Xi.
CAPITALISM is the reason, a study in England showed electricity produced in Scotland then moved down to England and subsequently moved back to Scotland went up 400% and some corporation pocketed the difference with consumers getting screwed.
Capitalism in its rawest form is just unbridled greed. Freedom and democracy in its rawest form is social irresponsibility. The west is failing because of moral and ethical degradation. We are just too lazy to care about it.
Absolutely, but this is not old style free market "Capitalism", this is Corporatism. It's not a free market. The fall of capitalism was just less advertised than the fall of communism. It is extortion by a corrupt and incompetent super-rich elite.
And they did not, not only without any help from the west, but sometimes with blatant opposition from them. I'm just in awe of the Chinese nation. Xi! Tasukete, kudasai!
*Xi Jinping kicked all the CRYPTO (which is the heaviest electricity user) out which China had 80% world production otherwise China would be surpassed Western Europe long time ago*
It's 2,200+ years of meritocratic bureaucracy, dating back to first Emperor Qin Shi Huang after he first unified China in 221 BC. QSH replaced hereditary positions with civil servants determined by public examination, and promoted based on merit over relationships. This completely transformed the model of Chinese governance, literally 2,000 years ahead of the West. Chinese have a deep civilizational concept of virtuous and efficient bureaucrats working for the people, and this informs how the CPC is expected to govern today.
@@ZweiZwolf yes, Xi is the only princeling who climbed up to top position, but it took him 30 years climbing up the ladder from a small rural village. In China, you need experience of governing over 100 million people (big provinces) to be eligible to compete into top leader group of the country, while in US and EU, you can become top leader of the country with 0 political and governing experience, that is insane!
@@wyz9815 Exactly. Chinese leadership is based on experience, promoted by merit. You you can be elected to a village head, but beyond that, you need to deliver if you want to go up, and you'll need to show results in rural places as well. It's exceedingly professional.
Kevin, I hope that you can also report their health care system in terms of service and costs. I had a trip to Sanya, a tourist city by South China Sea, I causally walked on to a dental clinic just for a quick oral checkup. Unexpectedly, they did the full X-ray scan, and oral micro photography of all my crowns, inlays, and onlays, and gave me a rundown realtime on my oral condition in extreme details. I didn't subscribe to any treatment even though they found a cracked onlay. All that just costed me $50 rmb walkout the door. Me as a frequent visitor to dentist here in the States its unbelievable!
@johnsmith1953x I told ppl about it and they could hardly believe it. The Chinese dentist quoted me about the cracked onlay, she says it needs a root canal, the total , including a new filling, is $350 RMBs. My endodontist in the State wants $1400usd for the root canal and then the dentist charges $1200 for the inlay. My dental insurance covers upto $1500 with 20 % copay per annum.
China produces today 10X more steel than the USA ever did at its highest point. Like the amount of steel they make is a brain fck. Also aluminum, and copper because lum and cop require more electric per pound. If they stopped making so much steel, they would not have any problems with electricity. Trump was famous for putting tarrifs on chineses steel because it was cheaper than anyone in the USA could make it, so chinese steel is literally going around the planet. Thats also why every industrial boat, tankers, cranes, and conntainerships are all made around china. The USA prefers to make their boats in Soko because soko doesn't have a lab that dropped something as awful as rona.
I'm in Beijing with a family of five. Four air-conditioner installed and normal home appliances. Yearly electricity consumption is 3500 kw/h and 1800rmb/250usd.
@peanut0brain Heating is a big hog. We have centralized heating here in Beijing which costs 2800rmb/year. Summer of choingqing really need AC to survive. I can see why.
@@peanut0brain also close the hot water out valve from water heater when not using, that alone comes to about 10kwh per day, because most home don't have pipes properly insulated.
@@ZweiZwolf nah, those are kinda obsoleted, only used in kitchen, for the standard 4 sq mm of copper you don't have enough power for enough flow, most people use solar or electric tank water heater, those with more money use a heat pump heater, or large natural gas boiler(the best).
China’s massive electricity output from the 3 Gorges Dam, etc. When we talk about China, we talk about unimaginable economies of scale and size. Hence, the costs are lower.
China's largest electrical source is coal and solar. Wind and hydro are smaller, as hydro simply takes a very long time to bring on line, and there are few places that hydro can be effective. Solar is inexpensive, scalable and fast, so it's been booming like crazy.
China has a lot of people who understand English, so they read the US papers and watch the US pundits to see whether there are any hot button issues to address. The West used to make so much noise about Chinese air pollution, but Xi got serious about the environment, and now they're silent because the air is cleaner.
According to China Energy News, the combined length of the UHV transmission lines operating in China had reached 48,000km (30,000 miles) by the end of 2020, more than enough to wrap around the Earth by the equator.
In 1990s, China energy system learnt massive western standards and solutions to upgrade its energy network. Nowadays, few western standards and solutions could be found in its UHV system.
1985 Shanghai was a dark city I asked why government owned cars turn their headlights off at night. I was told it was to save energy In 1988 standing on 10th floor of Phoenix hotel in ShenYang watched 1/4 of the city lose electricity. They divided Shenyang into 4 parts and rotated outages each night
In 1985 Malaysia, I am starving living in a middle income family. Today the poor eats better than me in 1985. It is good that China and many Asian countries doing better today.
China improvements are not fast. They move slowly like turtle because they're locked within their shell of capabilities. They just keep on moving in a single direction to get things done. Not twist and turn like a rabbit distracted by so many things.
china govt has vision on clean energy and invest a lot on XinJing. Only 15% loss on electric from west to east! that is incredible and marvelous! Lower cost of energy can bring ppl livelihood more convenient and affordable!
China passed Peak Oil last year, and we see the effect in global markets as demand dropped. China will still need some oil for jet fuel and ocean transport.
They may not need to import as much oil, but they will have to import their polymer and fabrics from Saudi Arabia. Saudi's has been busy diversifying their oil industries and moving up the value chain.
@tonyc5384 Why import fabrics from Saudi when they can just switch to cotton, hemp, and natural stuff? It's better for their health, especially fertility, and they have a population crisis.
@@موسى_7 Locally-grown cotton and other natural fiber will certainly be more popular, but the West is very much against Chinese cotton, and some applications want synthetic fibers, typically fast-drying.
I live in Alberta Canada. A $300 gas and electricity bill will have 100 for electricity/gas and 200 for fixed costs ,fees and.taxes. Our right wing government destroyed our publicly regulated utilities in 1996. They copied the Texas plan. Consumers have paid 10s of Billions more than they would have under the previous system.
and we could be self sufficient in fossel fuels , however we have got the idiot milliband running the show ,who as a stake in the company who does the governtment analysis
@@Zerpentsa6598yes privatisation as left ouir public services in the dark ages , what as happened at the post office as been beyond believe and the pits should never have been shut down .and on and on i could go
Years ago when California deregulated electricity, I made a bet with a friend that his bill would probably double in price. He listened to all the pro-corporate propaganda on TV that told him his bill would go DOWN because of the "market" and "competition". Typically, deregulation is an opportunity for corporations to gouge consumers. These were the years when Enron and their ilk fleeced California consumers of $$ billions and billions. His bill more than doubled after one year and I won my bet. And of course PG&E -- one of the worst corporations on the planet got away with infrastructure neglect for decades while looting the State. 😅
In Sweden offshore windpower is blocked by everyone from defence to sea microbiologists to rich people that want a nice view from their summer houses. Solar power is not very good when there are only reasonable sun half of the year combined with ban on the angle that you can use on your private roof.
In that case, they should incorporate nuclear. Also over a decade ago, the University of Alberta in Canada tried to create a technology based on energy created when rain hits a metal panel (I guess there's some kind of static-based effect), I wonder what happened to that.
China's biggest advantage is their capacity to reinvent their institutions and regulations to always transpose the next economic gap. This is only possible in a planned socialist economy, never on a chaotic capitalism
Because it's economic dogma in the West that centralized State planning cannot work. Dogma means they throw out any evidence that threatens their ideology.
It's not the system. It's the Selfish Lying US Politicians. You can change the system all you want, but these crooks will still be screwing you. They are Traitors to America.
Long distance electric transfer is one of the keys to effective renewable. In large countries like the USA and Australia, there's always sun or wind somewhere. Batteries is of course also needed, but their use must be kept to a minimum, Unfortunatly, the USA are so inept building infrastructure,...
UAV technology is China’s secret “weapon” to keep electricity costs down and to meet electricity demands across the entire China. U.S. has been trying to acquire Chinese UAV technology but China refuses to share this critical technology due to geopolitical reasons. U.S. needs to figure out itself how to transfer electricity efficiently and effectively over long distances across multiple states. Here, China has the advantages and in fact, it sells excess electricity neighboring countries such as Vietnam and Mongolia.
When I was young, the power in the countryside might be cut off every two weeks. That was the happiest time for us because we didn’t have to study. Although the teacher might ask us to buy candles to light up our studies, we were still much happier than usual nights. , now that I have grown up, my child may not even know what a candle is...
China can build nuclear power plants much cheaper than we can here in the US. China has a major advantage over the rest of the world in the manufacturing of solar panels. We have major trade restrictions on cheap solar panels causing the cost to build our solar farms (relative to China) to be much more expensive.
You need to mention the distance from north and west to south and east is around 2000-4000kms, otherwise audience from smaller countries like Korea to Europe would not be able to fathom.
In New Mexico I pay about 16 cents per kWhr. Last I checked 20% of our electricity comes from solar and wind. My kWhr rate actually came down this last year
Japan and Korea build nuclear power stations in 5 years. The West takes anywhere between 15 - 30 years due to their policy of imposing new rules and conditions as they go along, then they turn about and say nuclear power takes too long and its too expensive, and somehow they think they can compete with China with such an attitude. All that means is that the Asians get better and better at building them, and the West gets worse and worse. Who wants a career building and developing nuclear energy when instead of improving and sharpening your knowledge and skills, you sit idly waiting for some quango, regulatory authority or public inquiry holds you up at every turn?
@@ZweiZwolf China is not "mass-producing" nuclear reactors. You cannot "mass produce" nuclear reactors, and throwing new and ever changing regulations at new reactor developments does not equate to "custom one-off boutique" development. It is just time wasting by a malign regulatory system designed to keep the carbon fuel industry in business as long as is possible.
Shinkansen are three Chinese characters meaning New Connect Line or New Track Line. Shin is "New", Kan Sen is "Connect Line". They can be applied to train line, power line, water line etc.
This video strikes close to home. I live in an apartment in the Bay Area. Last winter I accidentally left the electric heater on 24x7. My bill was over $500/month. This winter, I've turned the circuit breakers for the heater off to prevent that expensive mistake.
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
An important, added advantage to China of these UHV DC and AC developments is the establishment of their associated industries. Many elements have recurrent maintenance needs, and China has now become the undisputed "go-to" source for many elements of HV and UHV transmission; including insulators (modules, bushings, etc.), switchgear, and all aspects of line management and control elements. China is also the World's largest supplier of power line cables (ACSR - Aluminium Conductor Steel Reinforced), the one essential "component" that carries the UHV juice!
Many know that the reason why E V is so low in the United States is our grid cannot support it so we can’t afford to have too many cars coming in nor do we have the infrastructure to support it 😊
It's not just UHV, it's DC UHV. With Direct Current (DC) you don't have the power losses from long 60 Hz Alternative Current (AC) power lines acting as antennas and radiating a part of the energy as 60 Hz radio frequencies. You also have the power losses of all the transformers stepping up the voltage of the electric generators for the transmission lines and back down to the voltage to the consumers appliances. So it gives out much less radio and heat pollution. And the Chinese engineers had to innovate all of the patents for that new technology we rarely heard of in the western media mega projects magazines.
Absolutely solid video essays as usual. This channel brightens my day right up. Need countries to compete with one another in terms of economic progress, so that they can better serve their own populations. Rather than mercilessly and endlessly exploit them.
The Belo Monte UHV (ultra-high voltage) transmission line in Brazil is 2,518 kilometers long. The line is the first ultra-high voltage direct current line in the Americas and allows for the transportation of energy with fewer losses. The Belo Monte transmission line connects the Belo Monte Hydroelectric Plant in Pará to the Estreito substation in Minas Gerais and crosses the states of Pará, Tocantins, Goiás and Minas Gerais. The line allows the energy generated at the plant to be transported to loads in the center-west and southeast of the country.
why China electricity is so inexpensive ( affordable) ? every job , the creation isn’t for profit ( as long as you don’t lose money) , it’s creating a living environment for everyone and still maintaining profits , unlike the western capitalism , profit first (to satisfy shareholders) , contrast to China system ( so call communism) which has the unique ability to create wealth for everyone , that is China !
China heavily invests in UHV because their energy sources are geographically far from the major population centers. UHV technology allows for large amounts of power to be transmitted over long distances with minimal energy loss. This is especially important in China since mountains make up 33% of China's geography with only 26% is plateau. The west traditionally rely on old fossil fuel and build their energy center close to their populated cities. There was no needs for UHV and they simply don't have the population to support it. So there is something China can do in volume that most countries can't do even if they wanted to.
@@randygraham926 why bother when you have cheap coal and natural gas. US has plenty of oil. They just want to control the price and use it to make money. Green tax was mainly used to try to extract money from country like China. The west thought China would need western technology to turn green. And their own arrogance they don't even know what hit them. Not only China is going to make money in green technology. It will even take business away from the west. This is like all the sudden all the paid environmental activists have been relatively quiet recently about climate change.
@@vmoses1979 Higher transmission efficiency means less energy lost, less initial production required for the same amount delivered for usage. It's generated in western China, where labor and land are less expensive than the urban east.
Kevin, I worked in Beijing in 2007. They were opening a new coal fired power plant every 4 days. I have worked on fluidized bed systems and SCR reactors, for these systems and the discharge is clean. There were 1435 coal fired power plants in the USA, when I was involved..
Obviously oil and gas companies do NOT want renewables to work. Immense profits are at risk. China is obviously developing their renewables while retaining access to fossil fuels. But they are smart enough to phase them out as soon as possible.
It's not easy to estimate how much it would cost to change to renewables unless someone did it on the ground. Now, It is proved that's indeed possible.
This video points out one very important aspect of the definition of efficiency. In capitalism thinking, market competition will drive efficiency up for lowering costs, thus increasing profits. However, this idea does not apply to multi-facet issues because local improvements do not lead to global improvements. For example, the high voltage transmission would impact the profitability of the transportation industry which would lobby heavily against it. If the electricity prices goes down, the revenue of the utility companies will decrease, so does the profits and reducing jobs.
i heard some of the VW operations may be moving to Russia, or rather Russia is building plants for making their cars and planning to offer german workers employment there and even a fast path to citizenship eventually.
There is a big difference between UHVAC (Ultra High Voltage Alternating Current) and UHVDC (Ultra High Voltage Direct Current). The latter is hugely more efficient over long distances but the infrastructure is more expensive as the power generated at the source is AC and has to be converted to DC for transmission then reconverted back to AC for local distribution. Simply put It all has to do with the skin effect and inductance of long transmission cables. China has perfected all the technology for long distance high power transmission.
Here in San Francisco bayarea, charging EV at home cost about the same compared to owning a gas car. We already have one of the highest gasoline prices in USA 🇺🇸 so owning EV won't save much. Why! Local utilities are for profit, government bureaucracy, stupid over regulations!
Chinese economy structures are based on manufacturing, this is why Chinese governments controls all the main elements, like power supplies, water, land and foods ect...... I remember years ago in the 90s in Ireland electricity, gas water were own by the state and it was much more affordable until they went privately. It's got more and more expensive year after year.
Good day Kevin, I am living in Australia, originally come from one of the Island in the South Pacific Ocean, French Polynesia. I really like the work you do, it is so professionally done and delivered. Thank and have a lovely day. May always GOOD be with you.
Fascinating content. It seems that countries need to decide between free wheeling capitalism and central planning as they try to raise living standards continuously. Clearly greater economies of scale and economic integration require central planning.
Thanks Kevin for the report. Always envious of how affordable everyday goods like food, utility bills, transport etc is in China. In Australia, it's ridiculously expensive
I am an Australian who recently returned to the country after 20 plus years overseas and I don’t know what infuriates me the most, the complete incompetence of our political class or their lack of vision. We are the second biggest exporter of gas in the world and yet we suffer from a gas shortage on the East coast, hence very high electricity prices. Western Australia, the biggest producer of gas in the country, has a gas reservation policy, where producers must allocated a set percentage of their production for domestic use, so electricity costs are substantially lower. This reservation policy has been in place, officially and unofficially for over 40 years, but on the East cost, where the gas extraction industry is much more new, there is no gas reservation policy, despite it’s success in the West, so domestic electricity users have to try and obtain supply at export prices. This is what I mean by the incompetence of our political class, the West Australian system has worked well for decades, but why would East coast politicians want to follow that example, that would require vision and a spine to take on the foreign producers. It is enough to make you weep.
In belgium we pay 32 eurocent per kWh residential tariff. For industrial, it is 9 cent. Energy is the real metric when it comes to productivity and welfare. Co2 is not of importance. The next metric is circularity.
All utilities are cheap over here. I pay £40 in UK for low speed broadband, in China I pay £12 which includes my 5g unlimited data and home 1G broadband.
The rise of electric vehicles has great influence on the power grid. Batteries become more advanced and much cheaper. That alone addresses a major problem of wind and solar power: storage of the energy generated.
In Malaysia. the ave cost for 1 kw is US0.10 or Us 10 cents. Assuming ave of 15kw/100km for an EV. 15 x 0.1/100 = US$0.015/km or 1.5 cent per KM. So ... Basically due to CHEAP electricity Transport Cost is "Nothin" or very Cheap for a typical EV user.
Inside China Business, Michael Hudson, Force Magazine, Sean Foo, Geopolitical Economy Report - my go to when learning as much as I can about China and geopolitics surrounding it. Dense with information and deep insight from all channels imo.
Kevin, thanks again for highlighting another important topic. I have two thoughts. Frist, in comparison with the West (and also Japan), China's energy infrastructure development basically started from scratch, without needing to rip apart any past and costly investment. Anything China now builds are essentially new and can take advantage of the latest technology, apart from good systemwide efficiency. Second, China builds according to a plan for national economic progress, not allowing competition to drive up individually contractor's bottom line, unlike what is typical in the West today. We commonly see 10-mile road resurfacing that takes years rather than weeks. Last outstanding exception in the US was the national highway system. Thoughts?
Because it’s not owned by blackrock and vanguard 🤡🤡🤡🤡
There ya go. Hence the PTB to consider war with China over Taiwan. Which China already owns. Strange huh?
Exactly. Private entities have no interest in making investments to make their product cheaper
There ya go. Hence the PTB to consider war with China over Taiwan. Which China already owns. Strange huh?
CN stole and copied US electricity.
Good example is Tokyo Electric Power Company of which has the shadow of both company. Instead of handling the contaminated water properly, they just dump it into the ocean making the entire global population paying the price.
When they look at the downfall of the West and write books on it, this dude would be the go to source, step by step guide on how it all came down.
Yep. You are right.
Some other content creator already using his videos as their data sources too
I've seen LinkedIn posts referring to his videos
Lmao , you’re insane
@@arieltanto7942seriously?
Europe could be enjoying low energy costs, but they allowed the US to blow up their pipeline!
Firstly U.S. found EU relied too much on Russia's energy, so it helps EU to derisk from the energy. Then U.S. found EU relied too much on China's market. so it helps EU to derisk from the market.
@@liuantony638 Now EU countries become poor.
Derisking them by risking their energy security.@@liuantony638
Low electricity price is one of the reason why EV is so popular in China. If charged during the night, the running cost of an EV is like 5-10% of an ICE car for the same driving range.
What is an ICE car?
@@howardfox6660 ICE = Internal Combustion Engine
@@howardfox6660 Internal Combustion Engine
@@howardfox6660 internal combustion engine
@@howardfox6660internal combustion engine ICE
In China, Electricity is public goods, in the West, is profitteering .
Well then buy some utility companie's stock.
It's more like racketeering instead. 🤑🤑🤑🤑
How else can they afford $100 million salaries for the CEOs?
@@MrSummerbreeze01 Buy with what - not when all our money has already been used to pay the electric companies?
Everything in the United States is a commodity healthcare water air etc
Chinese state power grid is the best power grid in the world, period. No one could come even close.
ya. and the only patent ultra high voltage transmitter
as usual, they failed to tell china that they are not supposed to plan for 10 to 20 years ahead, they must follow the western ideal planning cycle of four years and than switching to a completely different one so anything that need longer than four year is literally impossible to do. also nobody told them to add tariffs on their own production so it costs double or triple than it needs to be so the government takes its cut while providing nothing. and finally nobody told them to close down the coal and nuclear plants before they built enough of anything else, while cutting ties of the cheap source energy for the benefit of a third country.
😂😂😂 great comment ‼️
Wait I lost your point towards the middle of your paragraph?
Mostly agree. But China used to have 100% tariffs on high displacement ICE vehicles.
@@xinfuxia3809
Singapore too .... high or low displacement .... 250% and up....
The Western ideal is squeezing a few more pennies during the current quarter, they don't plan 4 years at a time. All of those grand pronouncements get abandoned a few weeks later.
I'm paying around 10$ USD per month In Shanghai, life is good ;)
$10? Do you even turn on the heater in the winter or a/c?
Here in North Carolina, we have a basic charge of $14 per household per month even with zero usage.
@@xinfuxia3809不用电也收钱吗？天啊，难怪你们的GDP这么厉害。这个也有最低费用。那水也是一样的吗？
My electric bill in winter here in NJ on a 5000 sq home is $300 a month. Natural gas bill for heating is $400-$700 a month.
@@shekondog My electricity bill for a 10,000 sq ft home (in Singapore) used to be S$600+. But after installing solar panels (costing S$56,000), it's now $0 and on top of that I receive S$200-$400/monthly from utility company that bought off excess electricity from grid. We also have 2 EVs, and you calculate the math, it is much beneficial for me having the solar panels.
China is racing forward to a future where energy is virtually "FREE", and nobody in the West seems to comprehend the implications, much less the long term impact. China is moving away from consumable energy in the form of oil, gas, and coal which must be constantly extracted, transported and lit on fire in favor of highly efficient renewable energy which is dominated by a one-time capital expense that keeps producing "FREE" energy as long as you maintain it. The return on investment is surprisingly fast when whole of society system costs are factored, specifically the global warming, national security, and pollution. That is, as China's renewable percentage increases, they reduce the future cost of remediating global warming effects on their oceanside cities, reduce the cost of protecting energy imports, and reduce the environmental and health impacts from pollution. Then there's the low cost aspect, which drives huge production efficiencies and further opportunities to lower cost via electrification and automation. China already sees this in transportation, with electrified rail & bus public transit, personal NEVs, electric trucks and now electric inland container transport all powered by renewables for a low cost driverless future. China's people and goods will automatically get from A to B without expensive human labor, simply due to their massive renewable energy surplus.
All true except for the stuff about 'global warming' which, although universally accepted, is a hoax. Any work purely to mitigate that is wasted.
solar panels in west coupled with sodium batteries. Game over cheapest power.
That sounds like a woke wet dream to me. China still relies heavily on coal while countries like the UK - built on coal - just closed their very last coal burning power station. China's cheap energy has more to do with centralised state planning - planning which considers economic common sense and national (instead of class) interest first and last.
@@kubhlaikhan2015 Blaming coal-fired power plants all day feels like a sort of copium. If you have the latest ultra-supercritical coal-fired power technology that can eliminate all pollutants except CO2, and can plant enough trees in the future to offset those emissions, why can't use coal?
Plus, with retrofitting for flexibility, most coal plants wouldn’t operate at full capacity but would instead serve mainly to smooth out the fluctuations in renewable energy production.
@@kubhlaikhan2015 Not understanding something as basic as "Peak Coal" and "Peak Carbon" is pretty embarrassing. FYI, "Peak" means the highest level, after which it declines, so today, China at Peak Coal means it's high, but will decline. As for central planning, that's been the massive shift from oil, coal, and gas to renewable hydro, wind and solar over the past decade under Xi.
CAPITALISM is the reason, a study in England showed electricity produced in Scotland then moved down to England and subsequently moved back to Scotland went up 400% and some corporation pocketed the difference with consumers getting screwed.
Capitalism in its rawest form is just unbridled greed. Freedom and democracy in its rawest form is social irresponsibility. The west is failing because of moral and ethical degradation. We are just too lazy to care about it.
Absolutely, but this is not old style free market "Capitalism", this is Corporatism. It's not a free market. The fall of capitalism was just less advertised than the fall of communism. It is extortion by a corrupt and incompetent super-rich elite.
Because in the western world, the shareholders are paid. And we the users get screwed
And they did not, not only without any help from the west, but sometimes with blatant opposition from them.
I'm just in awe of the Chinese nation.
Xi! Tasukete, kudasai!
*Xi Jinping kicked all the CRYPTO (which is the heaviest electricity user) out which China had 80% world production otherwise China would be surpassed Western Europe long time ago*
It's 2,200+ years of meritocratic bureaucracy, dating back to first Emperor Qin Shi Huang after he first unified China in 221 BC. QSH replaced hereditary positions with civil servants determined by public examination, and promoted based on merit over relationships. This completely transformed the model of Chinese governance, literally 2,000 years ahead of the West. Chinese have a deep civilizational concept of virtuous and efficient bureaucrats working for the people, and this informs how the CPC is expected to govern today.
@@ZweiZwolf yes, Xi is the only princeling who climbed up to top position, but it took him 30 years climbing up the ladder from a small rural village. In China, you need experience of governing over 100 million people (big provinces) to be eligible to compete into top leader group of the country, while in US and EU, you can become top leader of the country with 0 political and governing experience, that is insane!
@@wyz9815 Exactly. Chinese leadership is based on experience, promoted by merit. You you can be elected to a village head, but beyond that, you need to deliver if you want to go up, and you'll need to show results in rural places as well. It's exceedingly professional.
@@wyz9815like Ze of Kiev. From clown (comedian) to crown (president).
Kevin, I hope that you can also report their health care system in terms of service and costs. I had a trip to Sanya, a tourist city by South China Sea, I causally walked on to a dental clinic just for a quick oral checkup. Unexpectedly, they did the full X-ray scan, and oral micro photography of all my crowns, inlays, and onlays, and gave me a rundown realtime on my oral condition in extreme details. I didn't subscribe to any treatment even though they found a cracked onlay. All that just costed me $50 rmb walkout the door. Me as a frequent visitor to dentist here in the States its unbelievable!
$50 rmb is less than $10 USA. Raeally that cheap!?!
@johnsmith1953x I told ppl about it and they could hardly believe it. The Chinese dentist quoted me about the cracked onlay, she says it needs a root canal, the total , including a new filling, is $350 RMBs. My endodontist in the State wants $1400usd for the root canal and then the dentist charges $1200 for the inlay. My dental insurance covers upto $1500 with 20 % copay per annum.
1,000 RMB for a course of root canal treatment is not cheap for ordinary Chinese people
@@haruhaki2779$3000 USD a piece in the U.S. is not cheap for ordinary Americans.
@@bigeye4520 My mate just got quoted £4000 for 4 onlays (UK)! I'm going to tell him to have a holiday in Sanya & get his teeth fix there.
With the way China lights up the Cities there doesn't seem to be a shortage of Electricity
LED lighting is relatively inexpensive, especially compared to the industrial consumption that drive China's electric market.
China produces today 10X more steel than the USA ever did at its highest point. Like the amount of steel they make is a brain fck. Also aluminum, and copper because lum and cop require more electric per pound. If they stopped making so much steel, they would not have any problems with electricity. Trump was famous for putting tarrifs on chineses steel because it was cheaper than anyone in the USA could make it, so chinese steel is literally going around the planet. Thats also why every industrial boat, tankers, cranes, and conntainerships are all made around china. The USA prefers to make their boats in Soko because soko doesn't have a lab that dropped something as awful as rona.
This is what happens when you have a govt of tecnocrats not lawyers and politicians
I'm in Beijing with a family of five. Four air-conditioner installed and normal home appliances. Yearly electricity consumption is 3500 kw/h and 1800rmb/250usd.
Wtf? I was paying 4-500 rmb per month in Chongqing. I turn on the heat and ac when needed
@peanut0brain Heating is a big hog. We have centralized heating here in Beijing which costs 2800rmb/year. Summer of choingqing really need AC to survive. I can see why.
@@peanut0brain also close the hot water out valve from water heater when not using, that alone comes to about 10kwh per day, because most home don't have pipes properly insulated.
@@DaedalusAI Most of Asia runs on-demand tankless water heaters. You turn on the water heater when you need it.
@@ZweiZwolf nah, those are kinda obsoleted, only used in kitchen, for the standard 4 sq mm of copper you don't have enough power for enough flow, most people use solar or electric tank water heater, those with more money use a heat pump heater, or large natural gas boiler(the best).
Awesome report again! Central planning and single minded determination for forging the country's future. Be good.
Kevin, your honest reporting is the best about China on YT! Have a great weekend sir. Stay safe and well.
Kevin Once again I want to thank you for your clarification work and the time you dedicate to your research..... Jaime from Brazil❤
China’s massive electricity output from the 3 Gorges Dam, etc. When we talk about China, we talk about unimaginable economies of scale and size. Hence, the costs are lower.
China has many forms of energy sources the west can't imagine, from coal, hydro, wind, solar, nuclear, "thorium". i might miss some minor source.
China's largest electrical source is coal and solar. Wind and hydro are smaller, as hydro simply takes a very long time to bring on line, and there are few places that hydro can be effective. Solar is inexpensive, scalable and fast, so it's been booming like crazy.
These reports always underestimate the Chinese to already know these issues and the ability to navigate through them
China has a lot of people who understand English, so they read the US papers and watch the US pundits to see whether there are any hot button issues to address. The West used to make so much noise about Chinese air pollution, but Xi got serious about the environment, and now they're silent because the air is cleaner.
becoz the consultants writing these reports r smoking copium
According to China Energy News, the combined length of the UHV transmission lines operating in China had reached 48,000km (30,000 miles) by the end of 2020, more than enough to wrap around the Earth by the equator.
Already long enough to go around
In 1990s, China energy system learnt massive western standards and solutions to upgrade its energy network. Nowadays, few western standards and solutions could be found in its UHV system.
China’s been working hard to catch up and surpass others in most everything.
1985 Shanghai was a dark city
I asked why government owned cars turn their headlights off at night. I was told it was to save energy
In 1988 standing on 10th floor of Phoenix hotel in ShenYang watched 1/4 of the city lose electricity. They divided Shenyang into 4 parts and rotated outages each night
In 1985 Malaysia, I am starving living in a middle income family. Today the poor eats better than me in 1985. It is good that China and many Asian countries doing better today.
... and then the US decided to blow out some pipes under the baltic sea. 😎
Good for China.
that is all the us is good at breaking stuff
....and breaking wind😮@@cruzn4ever169
Yes, they lack integrity. The you-ess has the most pathetic, horrible government.
lel
China is on whole different level than the US and fast moving far far ahead of us!
China improvements are not fast. They move slowly like turtle because they're locked within their shell of capabilities.
They just keep on moving in a single direction to get things done.
Not twist and turn like a rabbit distracted by so many things.
因为你们不懂得下围棋。😆
china govt has vision on clean energy and invest a lot on XinJing. Only 15% loss on electric from west to east! that is incredible and marvelous! Lower cost of energy can bring ppl livelihood more convenient and affordable!
UHVDC is key to these record efficiencies.
@@vgstbDC power thru the lines, unlike the west which pumps a/c electricity thru the lines with massive drops in power
15% losses is actually higher than the typical 9% in the West.
@@gregorymalchuk272 narrator says 15% drop is over 3000km I think from west of China to east of China.
@@gregorymalchuk272 4.6% in average compare with the typical 9% in the West.
For a country to industrialise, cheap energy is crucial.
And also an efficient transportation system for people and products.
@bobsmith3983 indeed, cheap energy makes that possible.
In 20 years, they won't need to import any oil, imagine how much money they can save after that...amazing.
China passed Peak Oil last year, and we see the effect in global markets as demand dropped. China will still need some oil for jet fuel and ocean transport.
They may not need to import as much oil, but they will have to import their polymer and fabrics from Saudi Arabia. Saudi's has been busy diversifying their oil industries and moving up the value chain.
@tonyc5384
Why import fabrics from Saudi when they can just switch to cotton, hemp, and natural stuff? It's better for their health, especially fertility, and they have a population crisis.
20 years?I think they will achieve way sooner than that especially if they achieve (most likely)thorium based nuclear reactor .
@@موسى_7 Locally-grown cotton and other natural fiber will certainly be more popular, but the West is very much against Chinese cotton, and some applications want synthetic fibers, typically fast-drying.
I pay $30/m just for having the service line to my house where I live. Ridiculous.
u mean d wire...? Sorry, i had to read that again.
Where u live, may i ask...?
@ Yes. 30 days service fee each month. I live in the midwest state
I live in Alberta Canada. A $300 gas and electricity bill will have 100 for electricity/gas and 200 for fixed costs ,fees and.taxes. Our right wing government destroyed our publicly regulated utilities in 1996. They copied the Texas plan. Consumers have paid 10s of Billions more than they would have under the previous system.
UK is the leader here, they have the most expensive electricity in the world 😅
And is quality electricity
and we could be self sufficient in fossel fuels , however we have got the idiot milliband running the show ,who as a stake in the company who does the governtment analysis
Privatisation proved to be a blessing ... to shareholders and CEOs. Politicians naturally got their share.
@@Zerpentsa6598yes privatisation as left ouir public services in the dark ages , what as happened at the post office as been beyond believe and the pits should never have been shut down .and on and on i could go
Here in California my electric bill is around $250 and that without my AC turn on. In summer it jump to $500 plus.
Years ago when California deregulated electricity, I made a bet with a friend that his bill would probably double in price. He listened to all the pro-corporate propaganda on TV that told him his bill would go DOWN because of the "market" and "competition". Typically, deregulation is an opportunity for corporations to gouge consumers. These were the years when Enron and their ilk fleeced California consumers of $$ billions and billions. His bill more than doubled after one year and I won my bet.
And of course PG&E -- one of the worst corporations on the planet got away with infrastructure neglect for decades while looting the State. 😅
One year or one month's bill?
@@boweihuang3246 month
In Sweden offshore windpower is blocked by everyone from defence to sea microbiologists to rich people that want a nice view from their summer houses. Solar power is not very good when there are only reasonable sun half of the year combined with ban on the angle that you can use on your private roof.
In that case, they should incorporate nuclear. Also over a decade ago, the University of Alberta in Canada tried to create a technology based on energy created when rain hits a metal panel (I guess there's some kind of static-based effect), I wonder what happened to that.
China's electricity is not cheap, it's the world's electricity that are expensive
Thanks to the powerful carbon credit market that funds the anti fossil fuel agenda
Western countries are used to making excuses and covering up their high prices
Expensive everything makes the West feel they are somehow superior 😂
You mean the country primary base on manufacturing, ditch nuclear energy for unknown reason and its gas pipe get blow up by another evil country?
Yep. Like $40000 for a nut and bolt 😂@@gregwang8628
China's biggest advantage is their capacity to reinvent their institutions and regulations to always transpose the next economic gap. This is only possible in a planned socialist economy, never on a chaotic capitalism
Because it's economic dogma in the West that centralized State planning cannot work. Dogma means they throw out any evidence that threatens their ideology.
Spot on!
I think the long term - one party government is a key point. The policy won't change back and forth every four years
It's not the system. It's the Selfish Lying US Politicians. You can change the system all you want, but these crooks will still be screwing you. They are Traitors to America.
Residential electricity price in China is about 10 cents per KW.
Long distance electric transfer is one of the keys to effective renewable.
In large countries like the USA and Australia, there's always sun or wind somewhere.
Batteries is of course also needed, but their use must be kept to a minimum,
Unfortunatly, the USA are so inept building infrastructure,...
UAV technology is China’s secret “weapon” to keep electricity costs down and to meet electricity demands across the entire China. U.S. has been trying to acquire Chinese UAV technology but China refuses to share this critical technology due to geopolitical reasons. U.S. needs to figure out itself how to transfer electricity efficiently and effectively over long distances across multiple states. Here, China has the advantages and in fact, it sells excess electricity neighboring countries such as Vietnam and Mongolia.
It helps that China is not sending big energy profits to pockets of a small number of companies, like the US does.
When I was young, the power in the countryside might be cut off every two weeks. That was the happiest time for us because we didn’t have to study. Although the teacher might ask us to buy candles to light up our studies, we were still much happier than usual nights. , now that I have grown up, my child may not even know what a candle is...
Sir, you are in a forward thing country with 4500 years of wisdom and no congress❤
China uses solar farm, nuclear plant. Solar farm is almost cost-free and generates a lot of electricity
and they are the solar panel producer
China can build nuclear power plants much cheaper than we can here in the US. China has a major advantage over the rest of the world in the manufacturing of solar panels. We have major trade restrictions on cheap solar panels causing the cost to build our solar farms (relative to China) to be much more expensive.
@@reo52 u can buy cheap solar panel from China. Ur politicians do not work for american civilian but rich and elites
You need to mention the distance from north and west to south and east is around 2000-4000kms, otherwise audience from smaller countries like Korea to Europe would not be able to fathom.
In New Mexico I pay about 16 cents per kWhr. Last I checked 20% of our electricity comes from solar and wind. My kWhr rate actually came down this last year
Japan and Korea build nuclear power stations in 5 years. The West takes anywhere between 15 - 30 years due to their policy of imposing new rules and conditions as they go along, then they turn about and say nuclear power takes too long and its too expensive, and somehow they think they can compete with China with such an attitude. All that means is that the Asians get better and better at building them, and the West gets worse and worse.
Who wants a career building and developing nuclear energy when instead of improving and sharpening your knowledge and skills, you sit idly waiting for some quango, regulatory authority or public inquiry holds you up at every turn?
Western power plants are all custom one-off boutique, whereas China is mass producing them to minimize cost.
@@ZweiZwolf China is not "mass-producing" nuclear reactors. You cannot "mass produce" nuclear reactors, and throwing new and ever changing regulations at new reactor developments does not equate to "custom one-off boutique" development. It is just time wasting by a malign regulatory system designed to keep the carbon fuel industry in business as long as is possible.
Shinkansen are three Chinese characters meaning New Connect Line or New Track Line. Shin is "New", Kan Sen is "Connect Line". They can be applied to train line, power line, water line etc.
This video strikes close to home. I live in an apartment in the Bay Area. Last winter I accidentally left the electric heater on 24x7. My bill was over $500/month. This winter, I've turned the circuit breakers for the heater off to prevent that expensive mistake.
Electricity is the key to manufacturing, all of those machines need energy.
AI calculation uses lots of electricity ... and robots and automation too ....the West will be further behind in a decade.
not as much as the steel and aluminum mills my guy. China makes 10x as much steel as the USA did at its peak. Its really fcking nuts
*"Why is China's electricity so cheap?"*
Because China has a working, functional and competant government.
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After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
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Good info, Kevin! Thank you!
California - electricity $400.00 month
Your good friend "market" deregulation -- and PG&E -- one of the worst companies in the world. 🙂"If you need your house barbecued, call PG&E...."🤬
Germany pays for weapons for zelensky...zelensky orders a bugatti...
zelensky orders a bugatti to support Germany's economy, to return that favor
@@cocoyoung7996Bugatti is made by Italians
Slava Ukraine !!
An important, added advantage to China of these UHV DC and AC developments is the establishment of their associated industries. Many elements have recurrent maintenance needs, and China has now become the undisputed "go-to" source for many elements of HV and UHV transmission; including insulators (modules, bushings, etc.), switchgear, and all aspects of line management and control elements. China is also the World's largest supplier of power line cables (ACSR - Aluminium Conductor Steel Reinforced), the one essential "component" that carries the UHV juice!
Right on spot, my man.
Many know that the reason why E V is so low in the United States is our grid cannot support it so we can’t afford to have too many cars coming in nor do we have the infrastructure to support it 😊
It's not just UHV, it's DC UHV. With Direct Current (DC) you don't have the power losses from long 60 Hz Alternative Current (AC) power lines acting as antennas and radiating a part of the energy as 60 Hz radio frequencies. You also have the power losses of all the transformers stepping up the voltage of the electric generators for the transmission lines and back down to the voltage to the consumers appliances. So it gives out much less radio and heat pollution. And the Chinese engineers had to innovate all of the patents for that new technology we rarely heard of in the western media mega projects magazines.
we would have...had they not been busy writing garbage hate articles filled with lies and accusations, purely intended to create strife and conflict.
Indeed, much less power loss.
Absolutely solid video essays as usual. This channel brightens my day right up.
Need countries to compete with one another in terms of economic progress, so that they can better serve their own populations. Rather than mercilessly and endlessly exploit them.
Your comments address important issues in a precise and understandable way. You're good. Thank you.
The Belo Monte UHV (ultra-high voltage) transmission line in Brazil is 2,518 kilometers long. The line is the first ultra-high voltage direct current line in the Americas and allows for the transportation of energy with fewer losses.
The Belo Monte transmission line connects the Belo Monte Hydroelectric Plant in Pará to the Estreito substation in Minas Gerais and crosses the states of Pará, Tocantins, Goiás and Minas Gerais. The line allows the energy generated at the plant to be transported to loads in the center-west and southeast of the country.
China safe Fusion reactors coming online soon.
🙂
Fusion or thorium nuclear fission reactors? No one is close to fusion reactors.
@@randygraham926 china is moving very close to fusion reactors. There is an old video about this in this channel.
Thankyou, once again, Kevin.
Your commentaries are absolutely brilliant - so informative!
Blessings from Australia....❤
Thank you brother. Your information always puts a smile of wonder on my face.
why China electricity is so inexpensive ( affordable) ? every job , the creation isn’t for profit ( as long as you don’t lose money) , it’s creating a living environment for everyone and still maintaining profits , unlike the western capitalism , profit first (to satisfy shareholders) , contrast to China system ( so call communism) which has the unique ability to create wealth for everyone , that is China !
I like this episode, because you no longer cast the subjective "China threat trap" tone, but express in an objective fact manner.
I look forward to these daily briefs
.. I guess we all do. No bs, just facts...
Kevin, did you missed the fact that China produces largest amount of green electricity?
Yet another concise report, thanks.
China heavily invests in UHV because their energy sources are geographically far from the major population centers. UHV technology allows for large amounts of power to be transmitted over long distances with minimal energy loss. This is especially important in China since mountains make up 33% of China's geography with only 26% is plateau.
The west traditionally rely on old fossil fuel and build their energy center close to their populated cities. There was no needs for UHV and they simply don't have the population to support it. So there is something China can do in volume that most countries can't do even if they wanted to.
The U.S., Canada and Australia could do it and benefit -- but there is no will to do it since it would require investsments and planning.
Australia has a HUGE inland desert which is largely unsuitable for anything. It's a natural for solar farms and HUV into the cities.
@@randygraham926 why bother when you have cheap coal and natural gas. US has plenty of oil. They just want to control the price and use it to make money.
Green tax was mainly used to try to extract money from country like China. The west thought China would need western technology to turn green. And their own arrogance they don't even know what hit them. Not only China is going to make money in green technology. It will even take business away from the west. This is like all the sudden all the paid environmental activists have been relatively quiet recently about climate change.
But how does uhv make it cheaper exactly? The cost to build it out should net out the energy efficiency over time.
@@vmoses1979 Higher transmission efficiency means less energy lost, less initial production required for the same amount delivered for usage. It's generated in western China, where labor and land are less expensive than the urban east.
A difference in per capita consumption between China, the Eu and USA is the amount used for manufacturing, Household power use in China is far lower.
Kevin,
I worked in Beijing in 2007. They were opening a new coal fired power plant every 4 days. I have worked on fluidized bed systems and SCR reactors, for these systems and the discharge is clean. There were 1435 coal fired power plants in the USA, when I was involved..
Kevin this info is so important to us in the US. Thank you ever so much!! Thank you!
So it is possible to power a country using renewable energies. How come oil and gas companies saying we can't?
Obviously oil and gas companies do NOT want renewables to work. Immense profits are at risk. China is obviously developing their renewables while retaining access to fossil fuels. But they are smart enough to phase them out as soon as possible.
Because your country is controlled by capitalists.
It's not easy to estimate how much it would cost to change to renewables unless someone did it on the ground. Now, It is proved that's indeed possible.
This video points out one very important aspect of the definition of efficiency. In capitalism thinking, market competition will drive efficiency up for lowering costs, thus increasing profits. However, this idea does not apply to multi-facet issues because local improvements do not lead to global improvements. For example, the high voltage transmission would impact the profitability of the transportation industry which would lobby heavily against it. If the electricity prices goes down, the revenue of the utility companies will decrease, so does the profits and reducing jobs.
i heard some of the VW operations may be moving to Russia, or rather Russia is building plants for making their cars and planning to offer german workers employment there and even a fast path to citizenship eventually.
There is a big difference between UHVAC (Ultra High Voltage Alternating Current) and UHVDC (Ultra High Voltage Direct Current). The latter is hugely more efficient over long distances but the infrastructure is more expensive as the power generated at the source is AC and has to be converted to DC for transmission then reconverted back to AC for local distribution. Simply put It all has to do with the skin effect and inductance of long transmission cables. China has perfected all the technology for long distance high power transmission.
Wow. China is so power and big friend with Brazil.
Thank you. I really appreciate your well-researched and factual reporting, and the closing glimpse of China and your "be good" reminder.
Here in San Francisco bayarea, charging EV at home cost about the same compared to owning a gas car. We already have one of the highest gasoline prices in USA 🇺🇸 so owning EV won't save much. Why! Local utilities are for profit, government bureaucracy, stupid over regulations!
China also banned Bitcoin printing, while in the US a lot of the cheapest electricity gos into printing new Bitcoins.
" SHITCOINS "
CHINA DOES NOT
ACCEPT THEM EITHER
Chinese economy structures are based on manufacturing, this is why Chinese governments controls all the main elements, like power supplies, water, land and foods ect...... I remember years ago in the 90s in Ireland electricity, gas water were own by the state and it was much more affordable until they went privately. It's got more and more expensive year after year.
Oh the irony. China produces cheap power from Australian coal while electricity prices in Oz are among the highest in the world.
Good evening Kevin once again thank you.
Good day Kevin, I am living in Australia, originally come from one of the Island in the South Pacific Ocean, French Polynesia. I really like the work you do, it is so professionally done and delivered. Thank and have a lovely day. May always GOOD be with you.
Electricity has to be cheap because of its nature.
thanks , good talk
Kevin, do you ever cover some of China's reclaiming of desert//wasteland? Seems they are quite good at it?
The Chinese are farming seafood in Xinjiang's desert nowaday. Salmon, crabs, pearl clams, etc.
Yeah, but it's slow going. China is pushing de-desertification really hard because it has huge environmental benefits, carbon sink and dust control.
Once again China proves that with the resources and will, humanity can overcome even the biggest hurdles.
Fascinating content. It seems that countries need to decide between free wheeling capitalism and central planning as they try to raise living standards continuously. Clearly greater economies of scale and economic integration require central planning.
RMB 0.38/KWh after 10PM to 7AM next morning, So I charge my car during this time period.
Thanks Kevin for the report. Always envious of how affordable everyday goods like food, utility bills, transport etc is in China. In Australia, it's ridiculously expensive
I am an Australian who recently returned to the country after 20 plus years overseas and I don’t know what infuriates me the most, the complete incompetence of our political class or their lack of vision. We are the second biggest exporter of gas in the world and yet we suffer from a gas shortage on the East coast, hence very high electricity prices. Western Australia, the biggest producer of gas in the country, has a gas reservation policy, where producers must allocated a set percentage of their production for domestic use, so electricity costs are substantially lower. This reservation policy has been in place, officially and unofficially for over 40 years, but on the East cost, where the gas extraction industry is much more new, there is no gas reservation policy, despite it’s success in the West, so domestic electricity users have to try and obtain supply at export prices. This is what I mean by the incompetence of our political class, the West Australian system has worked well for decades, but why would East coast politicians want to follow that example, that would require vision and a spine to take on the foreign producers. It is enough to make you weep.
I love how you post your sources!! GREAT job!! Thank you! 🙏🙏🙏
In belgium we pay 32 eurocent per kWh residential tariff. For industrial, it is 9 cent.
Energy is the real metric when it comes to productivity and welfare.
Co2 is not of importance.
The next metric is circularity.
State Grid. The Miracle Company.
项目为长期稳定、能源安全和经济利益奠定了基础，不同于股市的短期刺激，这些投资不仅减少对石油进口的依赖，降低碳排放，还支持环境保护，并带来显著的经济回报。以下是这种战略重要的关键原因：
1. 能源安全：减少对石油进口的依赖
中国是全球最大的石油进口国，每年花费约1.5万亿美元用于石油进口。这种依赖国际能源市场的情况使中国暴露于价格波动和地缘政治风险中。仅2022年，中国在石油进口上的年支出就约为1.5万亿美元，给国家财政带来压力。在冲突或海上封锁时期，关键石油供应可能被轻易中断，威胁国家稳定。通过转向国内可再生能源，特别是在戈壁沙漠开发的太阳能和风能，中国可以显著减少这种依赖，确保稳定的能源供应。
2. 成本效益：太阳能和风能与煤炭和石油相比
可再生能源成本逐渐低于传统化石燃料。在2022年，中国大规模太阳能发电的成本为每兆瓦时（MWh）20至30美元，而煤电成本为每MWh 60至70美元。在风力资源丰富的戈壁沙漠，风能成本也已低于石油发电。
目前，中国每年在煤炭和石油进口上的花费约为2000亿美元，加重了对化石燃料的依赖，并使经济暴露于更大风险之中。向可再生能源转型将有助于缓解这一经济负担，特别是在全球能源市场日益不稳定的情况下。
3. 宁夏的战略位置：可再生能源和人工智能的中心
靠近戈壁沙漠的宁夏有望成为可再生能源和人工智能的战略中心。这里靠近丰富的太阳能和风能资源，并具备优越的高铁连接，是管理和分配可再生能源的理想位置。该地区的工业基础也支持能源生产和AI驱动的能源管理系统。
宁夏-湖南特高压（UHV）输电线路的建设于2023年6月启动，该项目将可再生能源从中国西北的宁夏传输到中部的湖南省。这条长达1634公里的线路是中国国家计划的一部分，旨在利用沙漠地区的可再生资源实现清洁能源目标，通过将太阳能和风能从人烟稀少的地区输送到能源需求量大的城市中心，支持碳减排目标。项目完成后，预计每年可向湖南输送超过360亿千瓦时的电力 。
4. 经济增长、就业创造和GDP影响
对戈壁沙漠可再生能源的投资将创造1000到1200万个工作岗位，特别是在建设、运营和维护领域。这些工作将为城市和农村地区提供高薪机会。
就业创造：在未来十年，5万亿美元的投资将产生约2000万个直接和间接工作岗位，涵盖建设、运营、维护和研究。这些工作包括可再生能源系统安装、沙电池技术、电动汽车制造，以及运输、基础设施和供应链等支持行业。
GDP增长：每年在可再生能源基础设施上的1万亿美元投资将显著提升中国的GDP。在五年内，这些投资预计将为GDP增加约5万亿美元，由可再生能源部门的产出推动。
5. 环境可持续性：减少碳排放和沙尘暴
在戈壁沙漠的大规模可再生能源开发将极大减少中国的碳排放，帮助实现2060年碳中和的目标。此外，风力发电机可作为屏障，减少北方地区沙尘暴的频率和强度，目前这些沙尘暴带来重大损失和健康成本。通过减少这些风暴，中国每年可节省数十亿美元的损失和医疗费用。
6. 电动汽车：推动清洁能源需求
随着电动汽车（EV）市场的增长，电力需求将上升。EV比汽油车更加环保且经济，因为它们依赖于清洁能源而非化石燃料。通过对可再生能源基础设施的规模化投资，中国可以满足这一增长的需求，减少对石油的依赖，进一步支持碳减排目标。
大疆在无人机、人工智能（AI）和自主技术方面的专业能力可以改变卡车运输、采矿和农业行业：
1. 卡车运输：
• AI驱动的电动卡车提升安全性，优化路线，减少排放，并通过自动或远程控制实现全天候运行。
2. 采矿：
• 自主采矿设备提高安全性和效率。
• 无人机和传感器的实时监控改善资源管理。
• 采矿车辆电气化降低成本和排放。
3. 农业：
• 自主拖拉机和设备减少劳动力需求并提高精准度。
• AI传感器优化播种、灌溉和施肥。
• 无人机监测作物、管理虫害，并支持精准农业。
• 使用可再生能源驱动的设备降低运营成本并减少环境影响。
大疆的技术在这些行业中提升了安全性、生产力和可持续性。
3. 农业
• 自主农业机械：大疆的技术可以应用于拖拉机、收割机和喷洒设备，使其实现完全自主或远程控制，减少对人工的需求。
• 精准农业：AI支持的传感器可通过分析田间的实时数据优化播种、灌溉和施肥。
• 无人机整合：大疆的无人机可以与自主车辆协同工作，用于作物监测、病虫害防治和播种。
• 能源效率：由可再生能源驱动的电动农业设备可以降低运营成本并减少环境影响。
4. 大疆技术在这些行业中的总体优势
• 先进的传感器和AI：大疆的高精度传感器和机器学习算法可提升导航、避障和任务优化能力。
• 可扩展性：大疆的技术已具有可扩展性，从小型农场到大型采矿作业都适用。
• 物联网（IoT）整合：大疆的系统可以无缝集成至物联网网络，实现集中控制和数据分析，提升各行业的决策能力。
潜在成果
• 生产力提升：通过持续运行和数据驱动的效率改进，大幅提高生产力。
• 成本节约：通过电气化和自动化减少燃料、维护和人工成本。
• 可持续性：降低碳排放，提升各行业的资源利用效率。
大疆进入卡车运输、采矿和农业领域，不仅能多元化其业务组合，还能解决这些行业中的关键挑战，同时保持其在自主和远程控制技术方面的领先地位。
7. 沙电池：更安全、更可靠、更具成本效益的储能解决方案
沙电池通过热量存储能量，随后将其转化为电力或用于加热。一个典型的5000吨沙电池可存储约210万兆焦耳（MJ）的能量，非常适合在戈壁沙漠等沙资源丰富的地区进行长期存储。
与熔盐电池的比较：
• 安全性：沙电池比传统的锂电池或熔盐电池更安全，因为沙子不易燃且化学稳定。锂电池过热时可能起火，而沙电池即使在高温下也能保持稳定，降低了风险。
• 可靠性：沙电池非常耐用，可以反复使用而不会退化，确保长期可靠性。相比之下，熔盐电池容易腐蚀，增加了维护成本。
• 成本效益：沙子是一种丰富且廉价的资源，使沙电池的建造和维护成本比锂离子或熔盐电池低很多，适合大规模储能。
ENDURING项目的研究人员马志文强调，使用二氧化硅沙子作为热存储介质是去碳化的重要一步。沙子具有高热保持和传导能力，是一种长时储能的优秀解决方案。沙电池系统不仅高度可靠、成本低、环保，还能减少对煤和天然气等化石燃料的依赖。
石墨探针是一种高效的加热元件，因其优异的热导率和电导率、化学稳定性以及能够承受极高温度（在惰性气体或真空环境中可超过3000°C）而广泛应用于高温场合。
将石墨粉末、橄榄石和沙子混合用于热能储存，结合了高导热性（石墨）、结构稳定性（橄榄石）和成本效益（沙子）的优点。这种混合物在高温下保持稳定，增强了热传递能力，比熔盐更安全，非常适合用于集中式太阳能发电（CSP）和工业热能储存，尤其是运行温度超过600°C
8. 国家安全：电动汽车和应急系统
使用可再生能源驱动的电动军用车辆和应急系统将带来战略优势。在石油短缺或海上封锁时，电动汽车可以确保军事和应急行动的持续性，提升国家安全。
9. 空气制水系统：农业用的可再生能源
可再生能源还可以为大气水发生器（AWG）供电，利用风能或太阳能从空气中凝结水分。这种清洁水可用于戈壁沙漠等干旱地区的灌溉，将荒地转变为肥沃的农业用地，提升粮食安全。
10. 中国作为净能源出口国
通过充分利用戈壁沙漠的可再生能源潜力，中国可以从全球最大的石油进口国转变为净能源出口国。太阳能和风电场生产的多余能源可以出售给邻国，增加收入，并增强中国作为清洁能源领导者的地缘政治影响力。
11. 5万亿美元的能源生产投资
通过5万亿美元的投资，中国可以在未来十年新增约4000吉瓦（GW）的太阳能和风能发电能力。每年将生产约8万太瓦时（TWh）的清洁电力。按每MWh 60美元的全球电价计算，这将每年带来约4800亿美元的能源出口收入。加上减少化石燃料进口的节省，这一投资将进一步提升中国的经济地位。
12. 满足中国的全部能源需求
5万亿美元的投资将使中国满足100%的能源需求。目前，中国的总能源消耗约为6000太瓦时。通过增加8万TWh的可再生能源，中国将完全摆脱对化石燃料的依赖。这样将每年节省约1.5万亿美元的石油进口费用，而剩余的可再生能源还可以出口，带来额外收入。
All utilities are cheap over here. I pay £40 in UK for low speed broadband, in China I pay £12 which includes my 5g unlimited data and home 1G broadband.
The rise of electric vehicles has great influence on the power grid. Batteries become more advanced and much cheaper. That alone addresses a major problem of wind and solar power: storage of the energy generated.
They are efficient and well organized
In Malaysia. the ave cost for 1 kw is US0.10 or Us 10 cents. Assuming ave of 15kw/100km for an EV. 15 x 0.1/100 = US$0.015/km or 1.5 cent per KM. So ... Basically due to CHEAP electricity Transport Cost is "Nothin" or very Cheap for a typical EV user.
I expect Malaysia will have a lot of solar and wind power in the future, plus nuclear plants.
Inside China Business, Michael Hudson, Force Magazine, Sean Foo, Geopolitical Economy Report - my go to when learning as much as I can about China and geopolitics surrounding it. Dense with information and deep insight from all channels imo.
Kevin, thanks again for highlighting another important topic. I have two thoughts. Frist, in comparison with the West (and also Japan), China's energy infrastructure development basically started from scratch, without needing to rip apart any past and costly investment. Anything China now builds are essentially new and can take advantage of the latest technology, apart from good systemwide efficiency. Second, China builds according to a plan for national economic progress, not allowing competition to drive up individually contractor's bottom line, unlike what is typical in the West today. We commonly see 10-mile road resurfacing that takes years rather than weeks. Last outstanding exception in the US was the national highway system. Thoughts?