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Policy: Henan & Hebei Establish Direct Sales Trading Centers
On May 4th, Henan & Hebei DRC, Energy Bureau, Electric Power Company, and State Grid jointly established their new power trading center. The State Grid-owned center will enable direct electricity sales from power generation facilities to large consumers. (SGCC CN)
Direct trading, along with renewable energy curtailment, are the two themes of 2016. In the past few months ten provincial-level trading centers have been established, shown in the table below.
Direct Trading Centers and Commissioning Date
Source: NDRC, Azure International
Policy: Chengdu and Chongqing City Publish new Power Balancing Plan
The Chongqing and Chengdu governments have a joint development plan in place to foster economic growth between the two cities. The focus is on increased urbanization and modernizing agriculture. Part of the plan includes a provision to balance the power generation and consumption mix of thermal and hydro resources. Furthermore, the plan includes a provision for wind, solar, and biomass power plant construction, as well as natural gas and shale exploration.
The plan includes a piece on reducing air pollution, and will require all coal power plants to upgrade their air filtration systems by 2020. The cities should meet all compliance rules by 2030. (NDRC CN)
Currently, Sichuan Province has nearly 66GW of hydropower installed. Unfortunately hydropower has seen considerable curtailment in recent years. The plan represents an ideal, organized dispatch approach to managing existing power and new power plant construction, but the balancing and utilization objectives may be met faster and more reliably by introducing competitive and flexible power markets.
Chengdu, Chongqing City, and Surrounding Areas City Sizes
Source: Chengdu DRC New Economic Plan
Business: Envision Energy Acquires Energy Software Company BazeField
Envision Energy, one of the leading Chinese wind power manufactures, announced on May 3rd their acquisition of Norway-based BazeField technology. BazeField will continue to operate independently, and plans to use its acquisition to fund new energy management software development. Envision is the third largest Chinese wind power company, with 2.5GW sales of wind turbines in 2015. (Envision EN)
Wind: Jiangsu Province Rudong Wind Farm Construction Begins
The Huaneng Rudong offshore wind farm, near Rudong County in Jiangsu province, officially began construction last month. The farm will eventually have an installed capacity of 300MW, is comprised of 4MW turbines from Siemens and Envision and 5MW turbines from Haizhuang, and is projected to cost 5.3 billion RMB. This will be the largest offshore wind farm in China. (BJX CN)