- Qinghai power trading center opens
- Jilin Energy Board publishes 2016 power generation forecasts and goals
- NEA releases notice on market supervision priorities for 2016
- CWEA releases 2015 wind report
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:
- 4.9 GW of power generation under management
- 6.4 TWh generation
- Wind average utilization hours: 1,313, compared to 1,430 i n 2015
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:
- improve utilization hours of renewable energy,
- price reform on oil, natural gas, and coal,
- online access to apply for and be approved for special market permits,
- improved power grid scheduling with open trading and regulation,
- an increased emphasis on pipelines and natural gas specifically, and
- develop an online database of best practices and expert white papers. (NEA CN)
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.