Being one of the most famous management consulting company in the world, the Capgemini Group Company has released publicly its fourth investigation report on global power industry, Investment in China Power Industry u...Being one of the most famous management consulting company in the world, the Capgemini Group Company has released publicly its fourth investigation report on global power industry, Investment in China Power Industry under the Conditions of Diversified Demanding and Deregulation. In the report, the investment in power industry and operational demand are analyzed thoroughly, also the specialized and unique consult and comments on future planning and investment tendency for China power industry are provided. The journalist from China Electric Power interviewed exclusively Mr. Chen Chiping, the vice president of Capgemini Group (China), one of the chiefs of this project.展开更多
By 2020, the nuclear power installed capacity in China will go up from 8700 MW in 2005 to 40,000 MW. It signifies that 30 generating units with a capacity of 1000 MW each will have been built. In fact, the development...By 2020, the nuclear power installed capacity in China will go up from 8700 MW in 2005 to 40,000 MW. It signifies that 30 generating units with a capacity of 1000 MW each will have been built. In fact, the development of nuclear power wants not merely enthusiasm. "The national policy maintains that we should take a road of localized development. This is of great benefit to the expansion of nuclear power in China. However, many people still doubt whether the manufacturing capability and level can meet the requirements of nuclear safety, and multiple introductions are not good for digestion and assimilation, so that there exist potential risks in operation, maintenance and technical support," said Zeng Qingxiong, manager of financing section, Daya Bay Financial Company, China Guangdong Nuclear Power Holding Co. Ltd (CGNPC).展开更多
Being one of the markets most stimulating to investors, the Chinese power market has already shown its investment opportunities that no investor can ignore. But presently, whether experienced power enterprises in mark...Being one of the markets most stimulating to investors, the Chinese power market has already shown its investment opportunities that no investor can ignore. But presently, whether experienced power enterprises in market participation or green hands prepared for rushing into the market, they will discover that even under deregulation condition, there are still many inevitable and unsolvable non market problems existing in power investment.展开更多
The Kyoto Protocol was taken into effect on Feb.16,2005.It requires developed countries to reduce their greenhouse gas emissions,but it doesn't set binding limits on developing countries,such as China.The develope...The Kyoto Protocol was taken into effect on Feb.16,2005.It requires developed countries to reduce their greenhouse gas emissions,but it doesn't set binding limits on developing countries,such as China.The developed countries found that it is more cost-effective to reduce the emissions in developing countries than in their own.Therefore,the CDM emerged as the times require.Due to unfamiliarity and complicatedness,Chinese enterprises had been hesitating and taking wait-and-see attitude toward CDM,but they couldn't resist the attraction of free dinner of CDM,more and more enterprises started to attend the grand banquet of CDM since 2006.展开更多
'Although various risks, such as policy risk, demand changing risk, market competition risk, price fluctuation risk of raw material and financial risk exist to varying degrees, the investment craze on thermal powe...'Although various risks, such as policy risk, demand changing risk, market competition risk, price fluctuation risk of raw material and financial risk exist to varying degrees, the investment craze on thermal power projects would not cool down,' an expert with China Power Engineering Consulting Group Corporation said.展开更多
The most attractive spot of the 11th Five-Year Plan is to change China's present mode of economic growth and take a road of circulative economy based on effective utilization of resources and environmental protect...The most attractive spot of the 11th Five-Year Plan is to change China's present mode of economic growth and take a road of circulative economy based on effective utilization of resources and environmental protection. Electric power as a basic industry, energy conservation and environmental protection will become one of its working emphases in a period of time to come. In this connection, the journalist (Zhao Ran) from China Electric Power has exclusively interviewed Tang Yunlin, the former president of the China Electric Power Planning and Engineering Institute. He thought that the most important thing for power industry to save energy and protect environment is to bring about the energy conservation and environmental protection in thermal power plants rather than first develop hydropower, nuclear power and renewable energy. His viewpoints and suggestions have been recognized by many insiders.展开更多
After four years' extensively scrambling rivers' exploitation rights by power companies, the countable hydropower resources are almost shared up. In water-abundant southwestern region, five large generation gr...After four years' extensively scrambling rivers' exploitation rights by power companies, the countable hydropower resources are almost shared up. In water-abundant southwestern region, five large generation groups delimited their own spheres on large rivers. Sharp private enterprises availed themselves of every opportunity to grasp the targets on small and medium rivers. As numerous investors swarmed, hydropower construction entered a real high tide period. 'At present, the proportion of exploited hydroenergy is approximately 20% of the exploitable water energy in China. It will be enough for the datum to be close to 60% in China, otherwise more problems with ecological environment would follow. The hydropower to be developed shall be limited within 350 GW, and this is the top,' said Wang Shucheng, Minister of Ministry of Water Resources . 'Excessive marketization is likely to lead endless trouble in hydropower construction. In case the investment in a hydropower project fails, the destroy to ecological environment are very difficult to be restored,' said Peng Tubiao, chief engineer from China Hydropower and Water Resources Planning and Design institute.展开更多
High tide of wind power construction still continues due to incentives of the national industrial polices. Shi Pengfei, vice president of China Wind Energy Association and many insiders and outsiders of this field are...High tide of wind power construction still continues due to incentives of the national industrial polices. Shi Pengfei, vice president of China Wind Energy Association and many insiders and outsiders of this field are analyzing the opportunities and risks seriously in wind power development under new conditions.展开更多
Biomass power, just like other renewable power, is facing the difficulty of high price. Since last year, the state has issued a series of incentive policies which has stimulated the flourishing development of biomass ...Biomass power, just like other renewable power, is facing the difficulty of high price. Since last year, the state has issued a series of incentive policies which has stimulated the flourishing development of biomass power. In April 2007, the admeasurement of biomass power tariff surcharges was initiated, which once again lent allure to biomass power. People, however, may hardly reveal the underneath problems facing so many seducements.展开更多
With a process of disposition obeying market rules and a result of realization at a cost of 18.7 billion Yuan which is 56% excess, the State Electricity Regulatory Commission, the organizers for realization of the 920...With a process of disposition obeying market rules and a result of realization at a cost of 18.7 billion Yuan which is 56% excess, the State Electricity Regulatory Commission, the organizers for realization of the 9200-MW generation assets (the so-called "920 Project") didn't fail to accomplish its mission and withdrew the curtain of power reform in the 11th Five-Year period with a satisfactory performance.展开更多
Like a sailing ship on its voyage, the China Electric Power Reform has seen not only plain sailing, but also dangerous riptide and shoal that made it halted. Since the beginning of this new century, the pilots have go...Like a sailing ship on its voyage, the China Electric Power Reform has seen not only plain sailing, but also dangerous riptide and shoal that made it halted. Since the beginning of this new century, the pilots have got more sober and mature, pragmatic and firm. The ship of the China Electric Power Reform is led gradually to its distant goal.展开更多
The foundation laying ceremony for the project transmitting plentiful electricity from the huge hydropower stations group on Jinsha River some 2000 km away to east
Annoyances in growing up seem to be unavoidable. Many problems still face the Chinese power industry just climbing onto a new level of 600-GW installed capacity. It has to search practicable solutions for problems wit...Annoyances in growing up seem to be unavoidable. Many problems still face the Chinese power industry just climbing onto a new level of 600-GW installed capacity. It has to search practicable solutions for problems with the significant themes including structure optimization, efficiency improvement and environment protection.展开更多
What ever worries about investments in new energy projects will occur in the future and at hand. This has always been a subject for debate since the Law of Renewable Energy Resources was issued.
文摘Being one of the most famous management consulting company in the world, the Capgemini Group Company has released publicly its fourth investigation report on global power industry, Investment in China Power Industry under the Conditions of Diversified Demanding and Deregulation. In the report, the investment in power industry and operational demand are analyzed thoroughly, also the specialized and unique consult and comments on future planning and investment tendency for China power industry are provided. The journalist from China Electric Power interviewed exclusively Mr. Chen Chiping, the vice president of Capgemini Group (China), one of the chiefs of this project.
文摘By 2020, the nuclear power installed capacity in China will go up from 8700 MW in 2005 to 40,000 MW. It signifies that 30 generating units with a capacity of 1000 MW each will have been built. In fact, the development of nuclear power wants not merely enthusiasm. "The national policy maintains that we should take a road of localized development. This is of great benefit to the expansion of nuclear power in China. However, many people still doubt whether the manufacturing capability and level can meet the requirements of nuclear safety, and multiple introductions are not good for digestion and assimilation, so that there exist potential risks in operation, maintenance and technical support," said Zeng Qingxiong, manager of financing section, Daya Bay Financial Company, China Guangdong Nuclear Power Holding Co. Ltd (CGNPC).
文摘Being one of the markets most stimulating to investors, the Chinese power market has already shown its investment opportunities that no investor can ignore. But presently, whether experienced power enterprises in market participation or green hands prepared for rushing into the market, they will discover that even under deregulation condition, there are still many inevitable and unsolvable non market problems existing in power investment.
文摘The Kyoto Protocol was taken into effect on Feb.16,2005.It requires developed countries to reduce their greenhouse gas emissions,but it doesn't set binding limits on developing countries,such as China.The developed countries found that it is more cost-effective to reduce the emissions in developing countries than in their own.Therefore,the CDM emerged as the times require.Due to unfamiliarity and complicatedness,Chinese enterprises had been hesitating and taking wait-and-see attitude toward CDM,but they couldn't resist the attraction of free dinner of CDM,more and more enterprises started to attend the grand banquet of CDM since 2006.
文摘'Although various risks, such as policy risk, demand changing risk, market competition risk, price fluctuation risk of raw material and financial risk exist to varying degrees, the investment craze on thermal power projects would not cool down,' an expert with China Power Engineering Consulting Group Corporation said.
文摘The most attractive spot of the 11th Five-Year Plan is to change China's present mode of economic growth and take a road of circulative economy based on effective utilization of resources and environmental protection. Electric power as a basic industry, energy conservation and environmental protection will become one of its working emphases in a period of time to come. In this connection, the journalist (Zhao Ran) from China Electric Power has exclusively interviewed Tang Yunlin, the former president of the China Electric Power Planning and Engineering Institute. He thought that the most important thing for power industry to save energy and protect environment is to bring about the energy conservation and environmental protection in thermal power plants rather than first develop hydropower, nuclear power and renewable energy. His viewpoints and suggestions have been recognized by many insiders.
文摘After four years' extensively scrambling rivers' exploitation rights by power companies, the countable hydropower resources are almost shared up. In water-abundant southwestern region, five large generation groups delimited their own spheres on large rivers. Sharp private enterprises availed themselves of every opportunity to grasp the targets on small and medium rivers. As numerous investors swarmed, hydropower construction entered a real high tide period. 'At present, the proportion of exploited hydroenergy is approximately 20% of the exploitable water energy in China. It will be enough for the datum to be close to 60% in China, otherwise more problems with ecological environment would follow. The hydropower to be developed shall be limited within 350 GW, and this is the top,' said Wang Shucheng, Minister of Ministry of Water Resources . 'Excessive marketization is likely to lead endless trouble in hydropower construction. In case the investment in a hydropower project fails, the destroy to ecological environment are very difficult to be restored,' said Peng Tubiao, chief engineer from China Hydropower and Water Resources Planning and Design institute.
文摘High tide of wind power construction still continues due to incentives of the national industrial polices. Shi Pengfei, vice president of China Wind Energy Association and many insiders and outsiders of this field are analyzing the opportunities and risks seriously in wind power development under new conditions.
文摘Biomass power, just like other renewable power, is facing the difficulty of high price. Since last year, the state has issued a series of incentive policies which has stimulated the flourishing development of biomass power. In April 2007, the admeasurement of biomass power tariff surcharges was initiated, which once again lent allure to biomass power. People, however, may hardly reveal the underneath problems facing so many seducements.
文摘With a process of disposition obeying market rules and a result of realization at a cost of 18.7 billion Yuan which is 56% excess, the State Electricity Regulatory Commission, the organizers for realization of the 9200-MW generation assets (the so-called "920 Project") didn't fail to accomplish its mission and withdrew the curtain of power reform in the 11th Five-Year period with a satisfactory performance.
文摘Like a sailing ship on its voyage, the China Electric Power Reform has seen not only plain sailing, but also dangerous riptide and shoal that made it halted. Since the beginning of this new century, the pilots have got more sober and mature, pragmatic and firm. The ship of the China Electric Power Reform is led gradually to its distant goal.
文摘The foundation laying ceremony for the project transmitting plentiful electricity from the huge hydropower stations group on Jinsha River some 2000 km away to east
文摘Annoyances in growing up seem to be unavoidable. Many problems still face the Chinese power industry just climbing onto a new level of 600-GW installed capacity. It has to search practicable solutions for problems with the significant themes including structure optimization, efficiency improvement and environment protection.
文摘What ever worries about investments in new energy projects will occur in the future and at hand. This has always been a subject for debate since the Law of Renewable Energy Resources was issued.