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Policy: Qinghai Power Trading Center Open for Business
Qinghai, a sparsely populated province in the northwest, announced last week that State Grid’s Qinhai division built a power trading platform for electricity sales. The new company is known as Qinghai Electric Power Trading Center, and will be responsible for wholesale electricity trading, overseeing market allocation of power resources, and the sustainable development of the local energy industry. (SGCC CN)
The shift toward a more flexible power trading model is in line with recent market reforms, and ideally will usher in fairer market pricing structures in electricity sales.
Policy: Jilin Energy Administration Publishes 2016 Generation Goals
The Energy Administration of Jilin Province published its energy generation targets and statistics for 2016. The announcement plan includes priority dispatch of renewable energy resources, namely, wind, biomass, and hydropower. The key data points include:
Lastly, they will shut down a 25 year-old, 200MW thermal power plant run by Datang, primarily due to the shift in policy supporting less-efficient thermal power plants. (Jilin Gov CN)
Energy administrations are, by law, required to publish year-ahead energy consumption and generation forecasts.
Policy: NEA Announces Market Supervision Policy
The NEA released a notice on its market supervision policy for 2016, put forward to strengthen the supervision of both renewable energy utilization. The policy consists of 26 points. Some highlights include:
Due to a number of political and economic concerns, there is a growing importance being placed on the actual utilization of renewable energy resources. While developers continue to add wind and solar capacity at unprecedented rates, grid connection and energy utilization are two pressing concerns that the NEA is beginning to address more aggressively. Azure is able to model and forecast curtailment levels of wind and solar projects at the provincial level.
Wind: CWEA Publishes 2015 Wind Report
CWEA released its 2015 wind report, and it was a stellar year for the industry domestically and internationally. Domestically, 16,740 new turbines with a combined capacity of 30.7GW were installed, an increase of 33% from the previous year. The Northwest area accounted for 38% of new installation, the North took up 20%, and the rest of the regions had relatively smaller installations. Inner Mongolia, Xinjiang, Gansu, Hebei, Shandong, now account for for 51.7% of the national total installed capacity.
Total Wind Power Installed Capacity by Province
Cumulatively, China now has installed 92,981 turbines with a combined capacity of 145GW. Offshore wind is still a relatively small market, with 360MW sold and 1GW total under management.
Wind turbine installations are getting bigger, with 2MW wind turbines accounting for 50% of new installed capacity, beating out the popular 1.5MW units. The average value of wind turbine size is 1837kW, compared with 1768kW in 2014, up 3.9% from the previous year.
Average Wind Turbine Capacity Installed by Year
Wind turbine exports are still low — Chinese companies shipped a combined 148 units with total capacity of 274.5MW, down 25.6% from 2014. Total exports over all years is 1085 units, equal to about 2GW, with the main recipient being USA. Goldwind exported nearly 48% of all wind turbines, followed by Sinovel, Sany, and Mingyang Wind Power. (CWEA CN)