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The Dow Jones Industrial Average rose 71.72 points, or 0.14%, to close at 51,920.62 on Thursday, June 25. The S&P 500 fell 0.33 points, or 0.00%, to close at 7,357.89 on Thursday, June 25. The Nasdaq Composite fell 118.03 points, or 0.46%, to close a

2026-06-26

The Dow Jones Industrial Average rose 71.72 points, or 0.14%, to close at 51,920.62 on Thursday, June 25. The S&P 500 fell 0.33 points, or 0.00%, to close at 7,357.89 on Thursday, June 25. The Nasdaq Composite fell 118.03 points, or 0.46%, to close at 25,358.60 on Thursday, June 25.

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2026-06-26

At a June 26 State Council press briefing, China unveiled a new energy-system plan that targets installed power capacity rising from just over 4.0 bln kW today to 5.4 bln kW by 2030. The plan aims for new energy to comprise more than 50% of installed

At a June 26 State Council press briefing, China unveiled a new energy-system plan that targets installed power capacity rising from just over 4.0 bln kW today to 5.4 bln kW by 2030. The plan aims for new energy to comprise more than 50% of installed capacity and for non-fossil sources to supply 50% of power generation; coal and oil consumption are expected to peak.
2026-06-26

Du Zhongming, director of the Power Department at the National Energy Administration, said at a State Council Information Office briefing that China’s annual average incremental electricity demand during the 15th Five-Year Plan period is expected to

Du Zhongming, director of the Power Department at the National Energy Administration, said at a State Council Information Office briefing that China’s annual average incremental electricity demand during the 15th Five-Year Plan period is expected to be about 600 billion kWh. He cited a surge in electricity for computing, rapid expansion of EV charging infrastructure, and persistent industrial and residential demand as the main drivers.
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