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Shanghai DRC releases China’s first offshore wind farm bidding results
Results of China’s first offshore wind farm bidding show Shanghai Electric Power and Shanghai Green Energy Consortium have been awarded the highest scores for the Shanghai Fengxian offshore wind farm project. (Shanghai DRC)
Donghai Bridge offshore wind farm
From recent publicly released information, we know that Longyuan has declared an on-grid price of 0.65CNY/kWh, while Shanghai Electric Power and Shanghai Green Energy Consortium have declared an on-grid price of 0.7338CNY/kWh. However, as we noted in last week’s Azure newsletter (Week of August 26, 2019), “the lowest price is not guaranteed to win the bid for the project,” and we were expecting the consortium to have higher score given their strong references in the Shanghai area, having participated in the construction and operation of the Shanghai Donghai Bridge I 100MW offshore wind farm.
China hydrogen energy and fuel cell development sees 700% growth
As the major application of hydrogen energy and fuel cell in China, hydrogen fuel cell vehicle production and sales in the country have increased considerably. According to data released by the Power Battery Application Branch of the China Chemical and Physical Power Industry Association on August 27, between January-July this year, China's hydrogen fuel cell installed capacity reached 46MW, a nearly seven-fold year-on-year (YoY) increase from the 6MW installed in 2018. At the same time, due to many favorable policies, hydrogen energy industry-related investments have demonstrated a rapid development momentum throughout the country in 2019.
By the end of July, the production and sales of hydrogen fuel cell vehicles was 1,176 and 1,106 respectively, a growth of nine and ten times from the same time last year. It is worth noting that so far China's hydrogen fuel cell vehicles are focused mainly on buses and special vehicles, with 60% of the installed capacity going to special vehicles. (Sohu)
In June this year, the China Hydrogen Energy Alliance released the White Paper on China's Hydrogen Energy and Fuel Cell Industry, which emphasized hydrogen energy’s increasingly important role in China's energy system, expected to account for at least 10% of China's end-use energy system by 2050, with 1.6 million fuel cell commercial vehicles holding 37% market share and fuel cell passenger vehicles holding 14% by 2050. In the meantime, we can observe this trend with hydrogen demand close to 60 million tons today.
First grid-parity wind farm in China starts commercial operation
China’s first grid-parity wind farm has begun commercial operation on August 24, after the last wind turbine of the 50MW project was connected to the grid in Heiyazi, Yumen of Gansu Province. (BJX)
The project comprises of 25 2MW-WTG manufactured by Shanghai Electric, which will sell 15,910MWh of electricity to the grid annually. The CAPEX for this project is being strictly controlled within 5.7CNY/watt, and its annual utilization hours is expected to exceed 3,000 hours. From its commencement on March 25, the project’s construction took only four months to complete, also enabling to keep the CAPEX at a minimum. This is one of the first 13 grid-parity wind power demonstration projects (700MW in total) approved by the National Energy Administration (NEA) in 2017 and the first to be connected to the grid. This project will have a PPA with State Grid at the present on-grid coal benchmark price of 0.3078CNY/kWh for 20 years.
NDRC approves Yazhong – Jiangxi DC±800Kv UHV line
The total investment of the project is about 23.8 billion CNY. Spanning across Liangshan, Sichuan Province to Fuzhou City, Jiangxi Province, the total length of the line is about 1,704 kilometers, with a transmission capacity of8GW. (Sichuan GOV)
By the end of 2018, the installed capacity of hydropower in Sichuan reached 76.74GW, accounting for about one-fifth of the country's total. It is the country's largest clean energy base. However, since the "12th FYP," due to the rapid increase in hydropower installed capacity and insufficient local power demand or transmission capacity, the power supply and demand imbalance in Sichuan has grown more serious resulting in hydro curtailment during the rainy season.
Shanghai Electric wins bid for 3-Gorges’ Rudong 800MW offshore wind farm
Shanghai Electric won the bidding of 3-Gorges’ Rudong 800MW offshore wind farm, which consists of two parts, Rudong H6 400MW and Rudong H10 400MW. Rudong H6 is located about 50km from the shore with a water depth of 9~20m; Rudong H10 is located about 66km from the shore, with a water depth of 14~22m.