- Local DRC releases Guangdong new bidding mechanisms for offshore wind farms
- Yangjiang DRC approves China’s largest offshore wind farm
- 6,000MW unsubsidized onshore wind project FSR passes review
- Taiwan 2025 “non-nuclear home” target fails
- China State Grid and Portugal REN sign MOU for cooperation in energy
Local DRC releases Guangdong new bidding mechanisms for offshore wind farms
The Guangdong Development and Reform Commission (DRC) has drafted new measures for competitive bidding of offshore wind power projects within the province in an attempt to promote efficient development of offshore wind power and technology, industrial upgrading, as well as market-oriented development. The measures are currently being implemented in a trial period and apply to select projects as detailed below.
Scope of application:
1. Projects approved before 2019 – FIT (0.85CNY/kWh)
2. Projects with determined investment entities and approved after 2018 will be subject to competitive on-grid tariffs and development rankings
3. Projects that have not yet determined investment entities before May 18, 2018 will be required to determine the investment entities and will be subject to competitive on-grid tariffs and development rankings (Guangdong DRC)
Guangdong Zhuhai Guishan 102MW offshore wind farm (Operating)
According to the scope of application of this policy, Azure thinks that multiple offshore projects in Guangdong will be approved within this month. The Guangdong DRC has previously published an opinion on this policy in August earlier this year (Azure news). The policy has not changed much since the draft, and still favors local developers as only references in Guangdong province and China are taken in account. However based on discussions with local governments and players in Guangdong we believe this is an omission rather than a deliberate intention to exclude foreign investors from Guangdong.
Yangjiang DRC approves China’s largest offshore wind farm
CGN’s Yangjiang Fanshi I 1,000MW offshore wind farm has been approved for construction by the Yangjiang DRC. The 1,000MW offshore wind farm surpasses what used to be the largest wind farm in China, the Zhenjiang Xuwen 600MW offshore wind farm, by 400MW, making it now number one. CGN’s Yangjiang Fanshi I 1,000MW offshore wind farm is located south of Yangjiang’s Nanpeng Island in Guangdong Province. The project plans to deploy 5.5MW WTG and feature three 220kV offshore substations. The turbines will be installed in depths of 38m to 50m, and the wind farm will be constructed between 2020 and 2025 with a total investment above 18.8 billion CNY. (Yangjiang DRC)
CGN’s Yangjiang Fanshi I project belongs to the Yangjiang deep-water offshore wind zone II (as outlined in the Guangdong offshore wind development plan). With increases in water depth, floating foundations may have more advantage than the traditional WTG foundations and some of the developpers are interested to test floating technologies. Since November 2018, Yangjiang City has approved 3,300MW offshore wind projects but has more than 5,000MW of pipeline is still under review by the local government. Azure thinks that some of the remaining pipeline will be approved within this month.
6,000MW unsubsidized onshore wind project FSR passes review
The Feasibility Study Report (FSR) for the first phase of SPIC’s IMAR Ulanqab 6,000MW onshore wind project has passed review. The project will be listed in the National 2018 Wind Development Plan and will not be receiving national electricity price subsidies. (SPIC)
Ulanqab has access to Type I wind resources and belongs to the West IMAR power grid. The aim is for the project to sell electricity at the local on-grid price of 0.28CNY/kWh instead of 0.4CNY/kWh like other nearby wind farms that benefit from a feed-in-tariff. However in counterpart, UHV power lines are being build specifically for this wind base which should enable to guarantee close to 100% energy offtake, whereas other nearby projects that suffer from severe curtailment
Taiwan 2025 “non-nuclear home” target fails
A November 30 referendum on abolishing Taiwan’s 2025 non-nuclear target has resulted in the failure of the ruling. Previously, the Taiwanese government proclaimed that Taiwan would stop all operations of nuclear power generation plants before 2025 and replace them with clean energy. On December 2, the act has been declared ineffective. (MOEA)
Taiwan 2025 installed capacity by technology [resource]
Earlier this year, Taiwan approved 5,500MW of offshore wind projects and aimed to have all the projects operating by 2025. The 5,500MW of offshore projects were divided into 3,836MW selected projects and 1,664MW auctioned projects.
China State Grid and Portugal REN sign MOU for cooperation in energy
On December 5 (Portugal local time), under the joint witness of Chinese President Xi Jinping and Portuguese Prime Minister Antonio Costa, China State Grid and Portugal’s national energy network REN signed an MOU at the Cruz Palace in Lisbon to deepen cooperation and development in the energy field. With this framework, the two sides agree to utilize their respective advantages in South America, Africa and Europe, as well as other regions, to explore energy infrastructure cooperation. China and Portugal are to strengthen joint R&D of new energy technology and the exchange of business best practices via specialized personnel visits between the two countries. (CEC)
In 2012, China State Grid acquired 25% of REN’s stock for 387 million EUR and became the company’s largest shareholder.