China
Hong Kong’s CLP invests in China wind projects
Hong Kong’s CLP invests in China wind projects
CLP will invest US$13.07 million in a joint venture to acquire two wind projects in Fuxin City, China.
Revamp causes Macau power outage
20,000 customers were affected by power outage caused by a short circuit of a transformer at Macau Norte Substation.
John Zhu appointed President of Wärtsilä in China
Wärtsilä has appointed Mr John Zhu as President of Wärtsilä China from January 1st, 2009. John Zhu has significant experience in leading and developing industrial business operations, his most recent appointment having been as Country Manager for Eaton Truck & Bus Components in Shanghai, China, a position he has held since 2005. Eaton Corporation is a diversified industrial manufacturer headquartered in the USA. He has also held other managerial positions in the automotive industry and in the consultancy business, both in China and in the USA. Mr Clas-Eirik Strand, the current President of the company, will retire on February 28th, 2009, when he reaches his retirement age. Wärtsilä has been present in China since 1986 through its fully owned subsidiary, Wartsila China Ltd, and through long-term license agreements. During recent years, Wärtsilä has begun the production of propulsion and engines at its subsidiary and joint venture companies' plants. In 2007, Wärtsilä opened a large new reconditioning workshop in Shanghai. Altogether, the company currently has approximately 1600 employees in its subsidiary and joint venture companies, located in Shanghai, Dalian, Guangzhou, Beijing, Hong Kong, Panyu, Wuxi, Zhenjiang and Qingdao.
Uranium's going nuclear
The uranium industry's worst year is about to collide with a nuclear construction program in India and China that rivals the ones undertaken during the oil crisis of the 1970s.
The biggest surprise to emerge from the Chinese earthquake may be Dongfang Electric Corp.
China's second-biggest power-plant builder fell 27 percent to a 16-month low after the 7.9-magnitude quake in Sichuan province on May 12 flattened a Dongfang factory and killed 500 of its workers. Since the disaster, the company has received 10 billion yuan ($1.45 billion) of new contracts for wind turbines and other generation equipment, investor-relations manager Liu Zhi said.
Restoring power after China’s earthquake
Immediately after the devastating earthquake struck China on May 12, the country's State Electricity Regulatory Commission (SERC) activated their highest emergency response systems to respond to the disaster. SERC assured everyone affected that they, and many other Chinese relief agencies, would employ maximum efforts to restore power disrupted by the 7.8 magnitude earthquake that hit China's Sichuan Province. The earthquake severely damaged power facilities in Sichuan, Gansu and Shaanxi.
Asia's miners see the benefits of power rentals in meeting demand
The rapidly developing economies of Asia are fuelling a constant need for fresh supplies of power to cure the energy shortfall problems being faced by utilities and all forms of industry and large building projects. This increasing need for power in Asia is being driven by industrial growth and people's improving living standards. These urgent demands for power mean that the power users and producers are being faced with critical decisions about what power generation solutions will satisfy their energy demands. Before the required power can be supplied, the utilities and companies must make their mind up as to what kind of power system will generate the much needed power capacity. Various factors come into play when deciding upon the ideal solution to the problem of providing power. These decisive factors include the amount of power needed and duration it will be needed for, and the operating and financial aspects of the process. Then there is the final choice between purchasing a power system or renting one from a specialist supplier. The critical decision between renting or buying a power system will depend largely upon the urgency of the problem being faced and the length of time that the power solution will be needed. Purchasing power generating equipment may at first seem to be the preferred option, however, consideration should be given to power rentals as they can often provide the most effective use of working capital, especially when ‘fast-track' power supply solutions are included into the equation. There is no simple answer to the rentals verses purchase debate as each power supply problem will have its own tailor-made solution. The right power supply system needed by a project is defined by the requirements of the project in question. In some cases the right option is immediately obvious, for instance if the need for power is clearly temporary, as in an emergency, then rental is the obvious choice as the power can be supplied rapidly for as long as it is needed. However, renting power equipment for large and small projects is becoming popular in various industries as it represents quick delivery and avoids the need for large capital expenditure. In cost terms, the financial benefits of a temporary rental solution are that the system's regular and predictable costs are factored into the business plan of the project in hand. Then, when the project is finished, there is no need for the user to arrange for the removal and storage of the power equipment as this is carried out by the rental company. The benefits of power rentals There are many features that make the proposition of power rental attractive, including improved cash flow and speed of supply. There are no down payments for a loan for purchase purposes and power rentals have a guaranteed payments schedule over the agreed term, with options to extend the rental period if required. Also, the rental option provides the end user with operational and maintenance services of the rental package. When a company rents power supply equipment, its management team simply transfers the uncertainties and risks of power equipment ownership to the power rental company. This process allows the company to concentrate on its core business knowing they can rely on continuous supplies of power from the rented equipment. If required, the solution can be tailored to meet specific needs and should these needs then change, the equipment or the period of rental can be adjusted to suit the new demands. One of the most frequent reasons for choosing a rental solution is timing as a power rental is often a fast-track supply, thereby giving the end user the vital power supplies needed within a short time. This fast delivery is critical to many users especially if there has been an unplanned power outage and reliable power is of paramount importance. Then there are the long lead times before a purchased power plant can be delivered; it can be 18 months or even two years before the new power plant is "in-power". It as at times like these when power rentals are the answer. Another benefit of renting power equipment is the flexibility it offers as rentals allow the customer the freedom to increase or decrease the amount of power generating capacity according to need. An additional advantage is the extensive range of technical support services provided by the rental company which ranges from advice and design through to replacing faulty equipment and even operating and maintaining the equipment. The recent popularity and growth of temporary power has resulted in companies planning for temporary power for their first production phases rather than waiting until they experience a power shortfall problem. To make sure that reliable power will be available when needed, early planning ensures that the temporary power system provides the power required. Many factors must be considered including operational logistics regarding location and ambient temperatures. Planning ahead makes certain that quality power is available when needed. Fast track power for a Chinese mine A copper mine, located in China's south western province of Yunnan, needed quality power urgently so that it could increase the mine's production levels and expand its operations. The mine's existing power supply was insufficient for the much needed increases in production and the planned expansion of the mine. The mine, owned by Yunnan Simao Shanshui Copper Company Limited and the Hong Kong based Pacific Group, is located in a remote and elevated region of Yunnan Province. The mine had used power supplied from the grid but power is weak and often cuts out which causes significant losses in production. The owners of the mine had wanted to optimise operations for some time by improving overall performance and by expanding the operations. However, the lack of reliable supplies of quality power had delayed their plans as the mine's equipment cannot be effectively utilised. The mine company had even purchased new mining equipment which had been delivered to the mine but remained unutilised due to the lack of good clean power. The mine's management awarded a contract to the power rentals company, Aggreko for a 9 Megawatt temporary power plant. The power equipment had to be delivered in an extremely short time frame so that increases in production could commence as quickly as possible. The contract stated that Phase 1 of the power plant must be delivered and ‘in-power' within three weeks from the date of contract signature. Phase two was to be delivered and ‘in-power' shortly after the commissioning of Phase 1. Whilst the speed of delivery, considering the remoteness of the mine plus the condition of some of the roads that the trucks had to negotiate is impressive, the time taken for engineering and commissioning is more so. From the delivery of the power equipment to the remote mine through to commissioning, the team from Aggreko enabled the generation of quality power within four days. Vital power for a mine in Mongolia With mineral prices at an all time high, mine owners are keen to extract maximum value from the ground. To do this they need power - but for remote mines, such as Ivanhoe Mine's Oyu Tolgoi project developed in Mongolia's Gobi Desert, power is almost as precious a commodity as the metal their new mine will be digging from the ground. Without ready access to a power grid, and with existing power equipment already running at full load, Ivanhoe Mines chose to install a temporary power plant to supply a constant 4 Megawatt which enabled the sinking of a new exploration shaft without interrupting other mine development operations. The contract was handled by Aggreko's Houston, Texas, sales office, whilst its Singapore hub was chosen to manage the project as it was the closest operational centre to the Oyu Tolgoi site. The complete turnkey package consisted of six 1,250kVA generators, one 6.3MVA transformer, a 20,000 - litre fuel tank, two neutral earth resistors, a control room and Aggreko's spares container, with enough spares to maintain operations in the remote location for the duration of the contract. The equipment shipment was delivered from Aggreko's Singapore base via ship to China where it was off loaded to be transported by train to the border between China and Mongolia. Upon arrival at the border the consignment had to be transferred to a Mongolian train as the gauge of the Mongolian railway system is different from the Chinese rail system. Upon reaching Ulaanbaatar the equipment was then transferred to trucks for the 540Km journey on unpaved roads from Ulaanbaatar to the Oyu Tolgoi mine. Once the trucks had completed their arduous journey the plant equipment was unloaded for the site team and commissioning engineer to erect the plant. From start to finish including commissioning, the work was completed within six days. Growth in Asia's rentals sector In recent years, the specialist power rental company Aggreko has seen their rentals business increase significantly in Asia. During 2006, they opened their first depot for China in Hong Kong and in early 2007 they opened the first mainland depot in Shanghai. The team in China have already won a number of significant orders and expect to see business increase as companies in China learn more about the benefits of rental power. In another significant development for Aggreko's power rentals business growth, the company has recently signed an agreement with the Beijing Organising Committee of the Olympic Games (BOCOG) under which it was nominated "Exclusive Supplier for Temporary Power Generation" for the Beijing 2008 Olympic Games. Aggreko was the first British company to be named as an Exclusive Supplier of the 2008 Olympic Games. Power equipment rental offers a number of instant benefits to the client. Financial benefits include the release of capital for other core activities, a fixed price solution over a given term, the flexibility to increase or decrease the amount of equipment on hire at short notice, the elimination of labour plus the ordering and stocking costs normally associated with the maintenance of the plant. A rental solution also includes all the other added value services such as technical advice and installation and decommissioning, plus a high quality tweny-four hours a day seven day a week service and rapid response times. Power rentals provide significant support towards getting projects completed on time and within budget. The services that a capable power rental company, such as Aggreko, offers are not just about power generation; they are more to do with a total energy supply solution. From technical advice and design through installation and commissioning to operating and maintaining the power system they will be providing the right solutions to the customer.
Restoring power to earthquake hit China
Immediately after the devastating earthquake struck China on May 12, the country's State Electricity Regulatory Commission (SERC) activated their highest emergency response systems to respond to the disaster. SERC assured everyone affected that they, and many other Chinese relief agencies, would employ maximum efforts to restore power disrupted by the 7.8 magnitude earthquake that hit China's Sichuan Province. The earthquake severely damaged power facilities in Sichuan, Gansu and Shaanxi Provinces. SERC reported that the massive earthquake, whose epicentre was in Wenchuan County, about 100km from the provincial capital Chengdu, disrupted electricity supply in China's central and north-western regions. They said that it was too soon to gauge how seriously the grid has been damaged, but the fact that SERC President Wang Xudong activated a Class One emergency response, the highest of five levels, signified the gravity of the situation. In order to secure power supply, SERC also ordered hydropower plants to monitor dams in quake-hit areas and keep close touch with local governments and flood-control command agencies. Officials at China Huadian Corporation, a centrally-administered power generator, said it had lost contact with its enterprise in the epicentre, although operations in other quake-ravaged regions had resumed shortly after the disaster. Another of the region's major power generators, China Guodian Corporation, reported only temporary interruptions in operations in Sichuan and that a small number of workers injured by stones rolling from a construction site in Daganshan were hospitalized. The company said its hydropower plants in Gongzui and Nanyahe River Valley in Sichuan were operating normally despite strong tremors on the Monday afternoon after the quake. The State Grid Corporation of China, the country's largest power transmission company serving more than 1 billion people across almost 88 percent of China, reported that the quake had cut the electrical load in Sichuan by 4 million kilowatts, paralyzing one 500-kv power station and five 220-kv power stations. State Grid also said that power plants in western Sichuan including Jiangyou, Jintang, Baozhusi, Maoxian and Dazhou Dongyuan were cut off from the grid. In Shaanxi Province, the electrical load shrank by 1.5 million kilowatts immediately after the quake with two transformer sub-stations and three power generators malfunctioning or non-operational they said. But the trunk power grid was operating smoothly, and the situation had improved overnight, with the lost electrical load recovering, State Grid reported. To determine the damage to power facilities, a number of emergency response teams from State Grid made their way on foot to the worst-hit regions of Aba in Sichuan and Longan in Gansu, which had been cut off from telecommunications and transportation networks. The State Grid classified railways, telecommunications and hospitals as "crucial users" whose power supply must be secured along with that for residential use to facilities relief work and ease the suffering of the victims.
The solar shade revolution
The destiny of China's power sector is looking brighter than ever thanks to a recent surge in popularity of renewable energy sources, in particular solar power. It seems the time has come for China's 1.3 billion people to slide on a pair of sunglasses as China prepares itself for a solar revolution. In China's never-ending pursuit for renewables, the National Development and Reform Commission (NDRC) is setting bold targets for renewables to make-up as much as 10% and 15% of China's power sector by 2010 and 2020. China, which is ranked as one of the biggest solar power users in the world, debuted its biggest solar PV station (1.046MW capacity) in 2007 on Shanghai's Chongming Island. China's newest development is a 10MW solar PV station scheduled to begin operations in 2009. The NDRC is also planning to build a 50MW building-integrated PV system and a 20MW large-scale PV power station for a 2010 start. In 2020, China will install a 1GW BIPV and 200MW large-scale PV station. China's exciting new solar developments should bring it up to speed with the rest of the world, just in time for solar to become competitive on a global scale in 2015. The destiny of China's solar power movement however depends on the continued support of the government. "The installed capacity of solar power would grow by at least 25 per cent each year in the next three to five years as a result of government support and the nation's growing awareness," said Carrie Liu from JP Morgan. In terms of solar wafer and module production, the world is poising itself for a Chinese domination thanks to China's low labour and electricity costs. Module production is one aspect in which China is leading the way, with LDK planning to have a 15,000 tonne polysilicon capacity by 2009. Three major PV cell/module companies in China, CEEG, Yingli Green Energy and Suntech, recently announced a 1.5MKW capacity expansion. The scale of China's wafer, cell and module capabilities is clearly China's best weapon in its pursuit to stay one step ahead of the competition in Asia's solar power industry.
China's power generation shares in trouble
Skyrocketing coal prices and the Chinese government's decision to cap electricity tariffs have China's power generation companies' shares dropping left and right. And some analysts think it's going to get worse before it gets any better.
China looks beyond coal to fuel its dragon economy's fire
Over the last two decades, China’s unprecedented economic growth has led to rapid growth in electricity demand. Supply has not always kept pace with demand growth. Power shortages occurred frequently during 2002-2005, notably in the high economic growth regions, such as the provinces of Shanghai, Jiangsu, Fujian, Anhui and Guangdong. A return to a more balanced supply and demand situation was achieved in most regions in 2006 and continued into 2007, as capacity expanded by approximately 200 GW over the last two years. A few regions still face potential shortages, due to transmission constraints or severe weather conditions.
CR Power ups net generation in July
China Resources Power's total net generation on a consolidated basis in July 2009 increased by 13.5 percent to 6,806,236 MWh from 5,997,499 MWh from last year.
CLP acquires Chinese wind farms of Roaring 40s
CLP has agreed to acquire the Mainland Chinese wind farm portfolio of Roaring 40s Renewable Energy Pty Ltd (Roaring 40s). A joint venture between CLP and Hydro Tasmania, Roaring 40s was formed in September 2005 to undertake renewable energy projects in Australia and Asia.