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Automotive: State Council Identifies Measures to Support New Energy Automobile Industry
The State Council is identifying new measures to support the new energy automobile industry. It has focused on five areas of innovation.
The development of the new energy vehicles has the potential to be a major contributor to carbon emission reductions. Last year, 330,000 new energy vehicles were sold in China.
Policy: Guangdong Government Reforms Electricity Sales Policy
The Guangdong Municipal Commission of Economy and Information Technology published a notice on direct trade electricity sales reform. Guangzhou Huikai Electrical Co., Ltd., a state-owned enterprise, will be in charge of direct trading in the region. The policy applies to electricity sales for enterprises consuming over 10 GWh annually, and which are located in the Guangzhou Development Zone. Importantly, multiple smaller companies can aggregate their energy loads and apply for the direct trading. (BJX CN)
Guangdong is a leading province in terms of direct power trading. Guangdong’s energy consumption from power trading was 4% in 2014, and in 2015 rose to 6%. At this stage it looks like Huikai has been given a mandate to create a market platform or clearing house for direct power trading in Guangdong.
Solar: Qinghai Province Connects First High-Voltage PV System to Grid
The city of Geermu, Qinghai Province, successfully connected the first high-voltage (1.5kV) solar system to the Chinese power grid. The project has 4MW of capacity. (China Wind Energy News CN)
Higher voltage increases changes the cost in the equipment, because it requires higher quality inverters, however it also yields numerous savings through less wiring and power efficiency increases. The Chinese system in Geermu has 20% lower equipment costs. Reduction in power line losses and wiring requirements decrease, allowing more power to be sold from the solar farm to the grid and at a higher profit margin.
Finance: Xinjiang Grid Investment to Reach 221 Billion RMB in 13th Five-Year Plan
The Xinjiang autonomous region held a meeting on ultra-high-voltage power transmission and other power grid infrastructure investments on February 17th. The result was a plan for 221 billion RMB of power grid infrastructure over a five year period. (BJX CN)
Xinjiang is facing a major wind power curtailment dilemma — curtailment rates reached 32% in 2015 following accelerated installation activity in Xinjiang over the past 2 years. While wind installed capacity to total installed capacity was 26%, wind power generation relative to total power generation in the region was just 7.2% for 2015 (14.7 TWh wind and 201.7TWh total). Curtailment levels are generally expected to stay high until new transmission lines come online. Azure provides wind power curtailment simulation and forecasting on regional and provincial power grids, and has detailed curtailment forecasts based on forward looking dispatch flow simulation modelling.
Offshore Wind: Rudong Intertidal Wind Farm Connects 100MW Offshore Wind to Grid
The Rudong intertidal wind farm connected 100MW of offshore wind power to the grid. The project was built by China Water Energy. Siemens 2.5MW SWT-2.5-108S wind turbines were used. Collectively at 600MW, Rudong offshore wind farms have the most offshore wind power by installed capacity. (BJX CN)