The landscape of development finance is changing rapidly. Traditionally, international financial flows moved from developed countries to developing countries. In the last decade, however, major emerging economies such as China and Brazil have fueled a growing trend of South-South development flows by increasingly channeling their overseas investments to other developing countries.
This report examines electricity transmission developments and
challenges for renewable energy in the European Union (EU), China, and
the United States.
In this testimony, Senior Advisor Deborah Seligsohn discusses China’s energy systems, future energy plans, and the business opportunities these create for other countries.
This morning, Department of Energy Secretary Steven Chu and representatives from the Chinese government, including Minister Wan Gang and Minister Zhang Guobao, signed a joint work plan to expand US-China cooperation on the Clean Energy Research Center (CERC) that was established in November 2009.