• China Cleantech Update May 02, 2018

    News Summary:

    • Completion of the Fujian Xinhua Bay offshore wind demonstration project
    • China's first provincial offshore wind data centre
    • 38.5 TWh direct power trading in Liaoning province
    • 2.5 % Electricity price drop in Hubei province

     
    Completion of the Fujian Xinhua Bay offshore wind demonstration project

    The Xinghua Bay offshore test wind farm has been inaugurated in Fujian Province. The project has been completer with a total investment of 1.47 billion RMB and is composed of 14 wind turbines, produced by 7 manufactures, with a total 80 MW installed capacity. During the first 4 months of operation, the plant has performed with an average availability of 99.3%, 417 average monthly utilization hours and a cumulative power generation equal to 17.7 GWh. (IN-EN)
     
    Results of the Three Gorges demonstration projects are well awaited by the whole industry as it features a few new turbines, all above 5MW and with a mix of well known domestic players (Goldwind, Mingyang, XEMC, CSIC), international players (GE and Siemens) as well as relatively new players (Taiyuan Heavy Industry). The CAPEX of 18,375 RMB per kW is high compared to other offshore wind farms but very reasonable for a demonstration project which is more complex and costly in nature.

  • Week of May 20, 2019

    News Summary:

    • NDRC releases new RPS (Renewable Portfolio Standard)
    • Electricity price for commercial consumption to be reduced 10% in 2019
    • NDRC encourages clean energy participation in power trading
    • Q1 national power consumption totals 2,232.9TWh, 5.6% YOY increase
    • Didi Travel and State Grid Electric Vehicle sign cooperation agreement

     

    NDRC releases new RPS (Renewable Portfolio Standard)

    In accordance with regulations in each provincial administrative region, the National Development and Reform Commission (NDRC) has released a new Renewable Portfolio Standard to determine the weight of responsibility of renewable energy power consumption, which refers to the proportion of renewable energy power that should be achieved in overall energy production and consumption. This includes both the weight of responsibility of total renewable energy power consumption and of non-hydropower renewable energy power consumption. The NDRC also released the substandard alternatives:

    1. Sale of excess renewable energy power consumption to market participants who have exceeded their annual consumption
    2. Voluntary subscription of the renewable energy green power certificate (NDRC)

     

    2020 RPS Requirements

     AzureChinaCleantechNews20May2019 01

     

    2020 Non-hydro RPS Requirements

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    Electricity price for commercial consumption to be reduced 10% in 2019

    The Government Work Report from the second meeting of the 13th National People’s Congress revealed China’s 2019 goals of reinforcing power marketization reform, refining add-on pricing for electricity and reducing the cost of electricity consumption in manufacturing. It was also revealed that the average electricity price for commercial consumption would be reduced by 10% in 2019. Pricing departments of all provinces (autonomous regions and municipalities) should promptly study and propose thorough plans to reduce local general industrial and commercial electricity prices in accordance with the above-mentioned price reduction ideology, issue corresponding documents before the end of May following proper procedure and formally implement the plans on July 1. (NDRC)

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    NDRC encourages clean energy participation in power trading

    The NDRC has released the 2019 cost reduction target for enterprise work, which involves improving the marketization of electricity trading. The NDRC also expressed willingness to deepen power marketization reform, by encouraging sales companies to represent small and medium-sized users in power market transactions and encourage more clean energy companies to participate in transactions. (NDRC)

     

     

    Q1 national power consumption totals 2,232.9TWh, 5.6% YOY increase

    From January to April, national total power consumption reached 2,232.9TWh, an increase of 5.6% year-on-year (YOY). Of the total, the agricultural sector consumed 21.7TWh, an increase of 6.1%; the industrial sector consumed 1,479.2TWh, an increase of 3.2%;the service sector consumed 372.8TWh, an increase of 10.3%; and theresidential sector consumed 359.1, an increase of 10.9%. (NEA)

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    Didi Travel and State Grid Electric Vehicle sign cooperation agreement

    On May 15, Didi Travel and State Grid Electric Vehicle signed a strategic cooperation agreement that stipulates that the two parties will use their respective brands and resource advantages to cooperate in the areas of travel, charging, energy and finance to promote a comprehensive green solution based on “car + electricity”.After reaching an agreement, the two sides are to set up pilot projects in Zhejiang, Fujian, Jiangsu, Shandong, Shaanxi, Hunan and Jiangxi. (BJX)

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