
A DLA Piper report reveals that 23% of energy-sector stakeholders have cancelled or delayed viable storage projects due to unpredictable mineral pricing, which is heavily tied to Chinese-influenced benchmark indices.
AI-generated summary
Energy-storage projects rely on critical minerals like lithium, cobalt, and graphite. Pricing for these materials is currently linked to benchmark indices influenced by the Chinese market.
Some 23 per cent of investors, lenders, developers and producers said otherwise viable energy-storage projects had been deferred or scrapped because of unpredictable pricing, said a report published by law firm DLA Piper on Tuesday.
Pricing for critical minerals used in battery cells, including lithium, cobalt and graphite, was anchored to benchmark indices largely influenced by China’s domestic market, where processing was also heavily concentrated, the report said.

The 750 kV transmission project of Xinjiang Tacheng Tuoli 2×660,000 kilowatt coal power project was fully completed on the 10th. The project will build 39.297 kilometers of new lines, aiming to improve the carrying capacity of the power grid in northern Xinjiang, ensure that coal power projects are put into operation on schedule, and meet the growing demand for regional electricity.

With U.S. President Trump suspending military action against Iran, the U.S.-Iran conflict has fallen into a situation of no war and no peace. Reuters analysis pointed out that although the energy-producing countries in the Persian Gulf have gradually adapted, continued conflicts and maritime attacks still lead to high operating costs and insurance premiums, posing long-term risks to the energy industry.

Affected by the cold air, the demand for heating coal in northern my country is strong. Coal production bases such as Shanxi, Inner Mongolia and Xinjiang have increased production. The railway department has made simultaneous efforts through Tangbao, Daqin, Wari, Xinshuo and other railways and multiple Xinjiang coal transportation channels. There are 80 Xinjiang coal export trains with a transportation capacity of 300,000 tons every day, making every effort to ensure smooth thermal coal transportation in winter.

A fire broke out in a garbage dump near Hengchun Nuclear Plant No. 3 in Pingtung. The plant clarified that the fire was far away from the core units and would not affect nuclear energy safety. It also emphasized that the notification mechanism has been improved and fire safety will continue to be strengthened.

The concrete pouring of the first tank of the nuclear island of Unit 4 of CGN Zhejiang Sanao Nuclear Power Project has started, marking the official start of the main project and the second phase of the project entering full construction. The unit uses the "Hualong One" third-generation nuclear power technology. After completion, it is expected to generate 9 billion kilowatt-hours of electricity annually, which can meet the electricity needs of about 1 million people.

As of November 10, Zhejiang's inter-provincial spot electricity purchases in 2026 reached 10.427 billion kilowatt hours, accounting for 24% of the national transaction volume. Zhejiang uses an artificial intelligence-assisted decision-making system to cope with fluctuations in new energy sources and peak power balance pressures within the province through mutual aid between provinces, and has purchased more than 10 billion in electricity for three consecutive years.