News
Manila Electric power bills reduced in May
Manila Electric power bills reduced in May
Meralco reduced its generation charge by US 0.0126 cents from US 0.1057 cents per kWh last April to US 0.0931 cents per kWh this month. This translates to cheaper electricity bills for Manila Electric Company or Meralco consumers this May.
HK Electric promotes electric cooking
HK Electric is persuading caterers to switch to electric cooking. In the biennial HOFEX 2009 Exhibition, HK Electric is putting on its "Five-star Green Electric Kitchen" demonstration, showing how electric cooking equipment helps the catering industry save energy and operating costs, while improving efficiency and productivity.
Manual for Ambuklao and Binga plants approved
Napocor and its partners has placed its imprimatur on the manual of the Ambuklao and Binga power complex’s non-power components. The National Power Corporation, the Power Sector Assets & Liabilities Management Corporation, and SN Aboitiz Power-Benguet, Inc. has formally signed the documents approving the manual.
CER completes heat recovery system for nickel mine
China Energy Recovery has an order for three sets of waste heat recovery systems for a large nickel mine project in Papua New Guinea. The total contract value is approximately US$4.85 million and the corresponding revenue to be recognised in Q2 2009 would amount to roughly US$3.7 million.
Meralco to implement performance-based rates
The Energy Regulatory Commission has approved Meralco's rate translation under Performance-Based Regulation.
China Energy Recovery posts 86% backlog increase
China Energy Recovery, Inc. revealed a record backlog orders valued at US$32.7 million. This represents an 86 percent increase compared to the backlog orders of US$17.6 million at the same time in 2008. These orders are expected to be completed in the next 12 months with the majority to be completed by the end of 2009.
China Energy Recovery to create system for Dongsheng
China Energy Recovery, Inc. has secured a US$1.76 million contract to design and manufacture a set of waste heat energy recovery system for Dongsheng Chemical.
China Power ups gross and net generations
The consolidated gross generation of China Power’s power plants amounted to 8,593,368 MWh for the first quarter of 2009. The number represents a year-on-year increase of 0.66 percent. Meanwhile its consolidated net generation of 8,011,887 MWh represents a year-on-year increase of 0.48 percent.
Poll says Chinese IT managers ignore power concerns
Many organizations in the country do not factor in the cost of electricity and utilities in their IT budgets, according to a research from IDC China. "The main priority of most IT managers is to ensure that their system is reliable and secure for their organizations. In general, these IT decision makers are not concerned with increases in power usage as a result of including new features and functions in their IT processes. In fact, what they are most concerned about is the costs and risks involved in implementing a green datacenter," said the IDC. Results from IDC's 2008 green poll conducted with IT decision makers in the Asia/Pacific region reveal that when green requirements are specified in a request for proposal, only 9.7 percent of the respondents in China say that they are mandatory. Asia/Pacific countries that participated in IDC's green poll garnered a 35.3 percent average response to the question. "Clearly, there is room for improvements in order for China to enhance its commitment towards sustainable development," says Raphael Phang, Vice President, Government Insights, IDC Asia/Pacific. Phang adds, "As global demand for a lighter carbon footprint grows, the public sector needs to be more responsive to public pressure. The government in China should seize the opportunity to maximise the unique position it has in influencing and effecting real changes by setting up more regulatory mandates to promote the green movement."
HK Electric funds school projects in renewable energy
Until 15 August, schools may submit project proposals in renewable energy through the HK Electric Clean Energy Fund. The Fund has $1 million.
Hot winter leaves Kansai Electric in the cold
The decrease in electricity sales due to lesser power demand for heating forced Kansai Electric to revise its financial forecasts.
Napocor gets Mother Nature Award
The Napocor was recognised for its efforts to conserve the natural ecological system in the areas where it operates.
Japan's emissions aim 30% lower for 2020
The FEPC will aim for an emission intensity of 0.33kg-CO2/kWh by 2020. This is approximately 30 percent less than the outlook made in 2008.
Chubu Electric conducts surveys for replacement plan
Chubu Electric conducted geological surveys of the area around the planned Hamaoka Nuclear Power Station Reactor No. 6 building site. It is part of the company's basic review of its replacement plan of major facilities.
Lower oil prices reduce Singapore power tariff
Singapore Power reduced the electricity tariff for households by 21.37 percent for the second quarter of 2009. This amounts to a reduction from 22.93 cents to 18.03 cents per kWh.
Macau's CEM reduces tariff rate by 5 cents
CEM reduced the Tariff Clause Adjustment of the 2nd quarter from 28 to 23 cents following the drop of fuel oil price in the international market . The current residential tariff is 4 to 7 percent lower than the last quarter. Comparing to the same period of last year, it has been reduced by 6 to 10 percent.
GE inks steam licensing deal with NTC
NTC is now licensed to use GE’s technology for steam turbine designs for industrial applications in China and Southeast Asia.