National Energy Rixin Energilagring

Energilagringsbolaget Ingrid Capacity säkrar ca en miljard från BW Energy Storage Systems (BW ESS), en del av BW Group, för att kunna etablera 400MW energilager och stärka positionen som den ledande aktören i Norden. Det svenska företaget Ingrid Capacity har varit en aktiv aktör inom energilagring i Norden sedan bolaget grundades.

How do Chinese national energy companies prioritize their economic interests?

In this model, the commercial interests of Chinese national energy companies dominate their commercial activities. Even in authoritarian states, national companies can prioritize their own economic interests. The third model is the domestic-stability-first model.

Should national interests overshadow economic interests of national energy companies?

The emphasis on national interests should not overshadow the economic interests of national energy companies. Through a more balanced perspective, we can better understand the energy nationalization movement and further understand the logic of Chinese national energy companies’ actions and energy economic statecraft.

Are Chinese national interests influencing China's energy companies' business decisions?

However, Chinese national interests in pursuing diplomacy and security, as well as domestic stability, are also increasingly influencing the business decisions of China’s national energy companies.

Why should China settle energy transactions in RMB?

The settlement of energy transactions in RMB can provide a financial shield in the ebb and flow of US dollars for both China and the country that trades energy with China, thus cementing China’s energy security. Since 2009, the central Chinese government has begun to promote the internationalization of RMB .

Is nationalization a better option for energy-rich developing countries?

By and large, most rulers of energy-rich developing countries have chosen nationalization in the gamble, which brings them more capital in exchange for political support and deters potential challengers; thereby, prolonging their rule and consolidating the regime. For these rulers, there seems to be no better alternative to this path.

Does Nature Energy have any competing interests?

The authors declare no competing interests. Nature Energy thanks Jarmo Kikstra and the other, anonymous, reviewer (s) for their contribution to the peer review of this work. Publisher’s note Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.