Electricity market drivers

Size: px
Start display at page:

Download "Electricity market drivers"

Transcription

1 Daniel Assandri Head of Power Systems ABB (China) Ltd Electricity market drivers March 2008

2 Global T&D Market Drivers ABB Power Systems division - slide # 2

3 ABB s view on and market drivers The Americas Aged infrastructure needs to be refurbished Reliability concerns and U.S. Energy Bill will trigger T&D investments Europe Need for interconnections and power grid upgrades Replacement and refurbishment Integration of renewable, such as wind farms in the North Sea Asia China driven by growing demand for electric power infrastructure development, prospect of the world s most modern power grid India growth on rural electrification plans and distribution systems Middle East Africa Windfall from oil prices main driver for power transmission and distribution investment in Middle East ABB Power Systems division - slide # 3

4 PWC Study 2006, most important for utilities ABB Power Systems division - slide # 4

5 244 BUS$/year ABB Power Systems division - slide # 5 Source: IEA study 2006, Dr. Fatih Birol

6 Europe ABB Power Systems division - slide # 6

7 ABB Power Systems division - slide # 7

8 Transformation of energy system, Europe GW Source: EPPSA - European Power Plant Suppliers Association ABB Power Systems division - slide # 8

9 The European transmission challenge Key Drivers Increase security of supply Develop competition in market Allow integration of renewables ABB Power Systems division - slide # 9

10 Wind power in Europe The 48,027 MW installed in the EU by the end of 2006 will produce electricity, equal to around 3% of EU electricity consumption. Almost twice amount of energy could be produced with the same amount of installed power if located at best wind sites ABB Power Systems division - slide # 10

11 ABB supplies to off shore wind power Nysted Denmark km 36 kv AC submarine cable Borkum km 150kV DC submarine cable 75 km 150 kv underground cable Gotland Sweden x70 km +/-150 kv HVDC Light underground cable Horns Rev Denmark km 150 kv AC underground cable Yttre Stengrund Sweden km 24 kv AC submarine cable 4,5 km 24 kv AC underground cable Burbo Banks Great Britain km 36 kv AC submarine cable Q7 Netherlands km 24 kv AC 28,5 km 170 kv AC submarine cable Enertrag Germany 2002 / km 110 kv AC underground cable Utgrunden Sweden km 24 kv AC submarine cable Lillgrund Sweden km 36 kv AC submarine cable 7,5 km 145 kv AC submarine cable 6 km 145 kv AC underground cable ABB Power Systems division - slide # 11

12 China s Electricity Market ABB Power Systems division - slide # 12

13 China electricity consumption ( ) (Billion kwh) 3,000 China Electricity Consumption Growth Rate (%) 16.5% 18% 2, % 13.6% 14.5% 16% 14% 2, % 12% 1, % 10% 8% 1,000 6% 500 4% 2% % Source: China Electric Council ABB Power Systems division - slide # 13

14 Newly added installed capacity ( E) (GW) E 2008E 2009E 2010E Source: China Electric Council ABB Power Systems division - slide # 14

15 Power grid investment ( E) (Billion RMB) E 2008E 2009E 2010E Source: China State Grid and China Southern Grid ABB Power Systems division - slide # 15

16 Present situation energy industry in China Energy supply remains a challenge Power shortage during winter storms before Spring Festival. Thirteen provincial power grids had to impose restrictions on the consumption of electricity, with shortages amounting to the equivalent of 70 GW. China s coal-fired power plants, whose coal feedstocks are mainly supplied through railway transportation, reported coal inventories dramatically down from the end of January. The Ministry of Railway had difficulties trying to maximize the transportation of steam coal and coping with the mass exodus for Chinese New Year under extremely severe weather conditions Energy saving and environmental protection are very high in the political agenda System reform remains work in progress Energy legislation undergoing a wide consultation process ABB Power Systems division - slide # 16

17 2006 Energy Flow Chart of China Energy efficiency is about 37.5% Data Source:National Bureau of Statistics of China, "2007 Chinese Statistical Year Book ", published by National Bureau of Statistics of China. ABB Power Systems division - slide # 17

18 Available energy Electricity Reducing losses along the energy chain Primary energy Transport Generation T&D Industrial processes Industrial production Improved well efficiency Higher pipeline flows More efficient fuel combustion Lower line losses, higher substation efficiency ABB technology can reduce losses by 20-30% Improved productivity More efficient motors & drives Process Automation Marine & pipelines Power plant automation Grid operation Process automation Drives & motors ABB Power Systems division - slide # 18

19 Outlook energy industry in China Forecast for China s Power Supply and Demand China forecast a power demand increase of 13.5 percent yearon-year, with total installed power capacity hitting 800GW by year end. Most regions will achieve a balance in power demand and supply this year, while southern region will still show a deficit. In 2009, China's power consumption will grow another 10 to 12.5 percent year-on-year, while a further 8 to 10 percent increase is forecast for The closure of inefficient small coal mines, which took place on a wide scale last year, as well as the levy of different forms of environmental taxes, have significantly pushed up the costs of coal. At the same time, high consumer price index (CPI) figures have prevented the central government from raising power tariffs. Such a situation is not sustainable and can potentially lead to the country's worst fuel crisis. ABB Power Systems division - slide # 19

20 Outlook energy industry in China Large hydropower plants The China Three Gorges Project Corp. (CTPGC) will put the last five generators in the Three Gorges hydropower project into operation this year, meaning all 26 generators included in its initial construction plan will start operation by the end of In addition, other large hydropower projects are being built by the CTGPC on Jinsha River upstream of the Yangtze River. The CTGPC plans to start dam construction on the MW Xiluodu hydropower project on the Jinsha River this November, and dam the Jinsha River for the 6 000MW Xiangjiaba hydropower project in December. Total potential on hydropower in China is the largest in the world and amounts to around 500GW, requiring UHVDC transmission schemes extending up to 3000 kilometers ABB Power Systems division - slide # 20

21 Outlook energy industry in China Wind power projects China first large-scale offshore wind farm project will be constructed near Shanghai. The Donghai Bridge wind farm project is scheduled to be completed in It is estimated that the 102MW project will produce 267GWh of electricity annually. The electricity will be transmitted to Shanghai Municipality's power grid through submarine cables. In Shanghai's neighboring Jiangsu Province, NDRC recently approved a plan by China Guangdong Nuclear Power Holding and China Longyuan Electric Power Group to build a 300MW demonstration offshore wind farm in Jiangsu's Rudong county. China has a total of GW of wind power resources, 70% of which is located in offshore areas. Wind power industry will see a significant boost out of these projects. ABB Power Systems division - slide # 21

22 Power system reform Energy legislation is being strengthened Systemic reform in Electric industry; integration of upstream and downstream, domestic trade and international trade in oil industry; market-oriented coal production and sale Electric power law, Law of coal industry, Energy-saving law, Law of renewable energy Electricity supervision and administration ordinance, Safety supervision ordinance of coal mines, Oil and natural gas pipelines protection ordinance Energy Law, Petroleum Law and Law of Recycling Economy undergoing consultation process To strengthen the government management on the energy sector, a high-level national energy commission is in the process of being established ABB Power Systems division - slide # 22

23 Recommendations Energy saving and environment Optimize energy consumption structure applying market mechanism and government s promotion for energy saving and environment protection. Promote the energy price reform actively. Realize the price forming mechanism to reflect the resources scarcity, market supply-demand relation and the cost of pollution reduction. Build up the price system, which can help to realize energy structure adjustments and sustainable development. Tax the export of high energy-consuming, high pollutant and high resource-consuming products, promoting quality improvement and cleanliness of manufacturing processes Improve the market environment for renewable energy development combining the principles of government guidance, policy supporting and market mechanisms ABB Power Systems division - slide # 23

24 Recommendations Enhance market access latest and most advanced power technologies Create an even playing field for domestic and foreign owned companies alike in public procurement of high end power technology products and systems Enhance convergence of domestic technical standards with global standards in power technologies Promote foreign investment in advanced power technologies and innovation as valuable contribution to the successful development of Chinese industry Expose domestic companies to competition with the world s best as a mean to foster the strategic development of the national economy ABB Power Systems division - slide # 24

25 This city can t wait for electricity ABB Power Systems division - slide # 25

26 ABB Power Systems division - slide # 26

Electricity Rates Forecasting:

Electricity Rates Forecasting: Electricity Rates Forecasting: Muskrat Falls Will Options: Stabilize Rates for Consumers Legal S92A, Good Faith and Regulatory Proceedings in Quebec Department of Natural Resources October 2012 Department

More information

POWER AFRICA GEOTHERMAL ROADSHOW. Presented by Mekuria Lemma Ethiopian Electric Power Strategy & Investment Head SEP 28 Oct 3, 2014

POWER AFRICA GEOTHERMAL ROADSHOW. Presented by Mekuria Lemma Ethiopian Electric Power Strategy & Investment Head SEP 28 Oct 3, 2014 POWER AFRICA GEOTHERMAL ROADSHOW Presented by Mekuria Lemma Ethiopian Electric Power Strategy & Investment Head SEP 28 Oct 3, 2014 Country in the horn of Africa Total area 1.13 million square km 90 million

More information

Polish Offshore Grid SA

Polish Offshore Grid SA OFFSHORE GRID DEVELOPMENT 1 Offshore wind farm development in selected European countries Country Installed capacity by the end of 2010 [MW] Approved projects [MW] 2020 targets [MW] UK 1.341 2.591 13.000

More information

Brochure Introducing HVDC

Brochure Introducing HVDC Brochure Introducing HVDC ABB and HVDC The world s first commercial high-voltage direct current (HVDC) link, situated between the Swedish mainland and the island Gotland, was delivered by ABB already in

More information

Submarine Power Cables. State-of-the-art production facility, more than 100 years of experience and reference installations around the world.

Submarine Power Cables. State-of-the-art production facility, more than 100 years of experience and reference installations around the world. Submarine Power Cables State-of-the-art production facility, more than 100 years of experience and reference installations around the world. Reliable submarine power cables ABB is one of the world s most

More information

DONG Energy. Expansion of offshore wind power in Germany. 02. December 2013

DONG Energy. Expansion of offshore wind power in Germany. 02. December 2013 DONG Energy offshore wind power 02. December 201 Safety Briefing the safe way or no way ONLY Floor Emergency Exits Stairway Große Elbstraße / Street Emergency Exits Stairway Emergency Exits Stairway Emergency

More information

Natural Gas and Electricity Coordination Experiences and Challenges

Natural Gas and Electricity Coordination Experiences and Challenges 1 Natural Gas and Electricity Coordination Experiences and Challenges Challenges Facing the New England Power System Gordon van Welie, President and CEO, ISO New England 2015 IEEE Power & Energy Society

More information

WHEN AN EFFECTIVE EU ENERGY POLICY?

WHEN AN EFFECTIVE EU ENERGY POLICY? WHEN AN EFFECTIVE EU ENERGY POLICY? A. Clerici ABB Italy Honorary Chairman of WEC Italy Chairman of WEC WG The future role of nuclear in Europe 1 INDEX 1. General Comments 2. Vulnerability 3. Transmission

More information

Machinery and equipment manufacturing in China

Machinery and equipment manufacturing in China Machinery and equipment manufacturing in China Focal point: NBSO Dalian The layout of the global equipment manufacturing industry is changing fast. Production capacity relocates from developed countries

More information

World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency

World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency World Energy Outlook 27: China and India Insights www.worldenergyoutlook.org International Energy Agency Why Focus on China & India? Increase in World Primary Energy Demand, Imports & Energy-Related CO

More information

Germany's energy transition: Status quo and Challenges.

Germany's energy transition: Status quo and Challenges. Ulrich Benterbusch Germany's energy transition: Status quo and Challenges. 2 nd Session Group of Experts on Renewable Energy, UNECE, Geneva 1 Agenda. Energy transition: Status quo and official goals. German

More information

Renewable Energy Strategy for 2020 and Regulatory Framework. Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency

Renewable Energy Strategy for 2020 and Regulatory Framework. Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency Renewable Energy Strategy for 2020 and Regulatory Framework Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency Objectives of the Agency Regulate, supervise, and control all matters

More information

China Energy efficiency report

China Energy efficiency report China Energy efficiency report Objective: 16% reduction in primary energy intensity by 215 Overview 211-211 (%/year) Primary intensity (EU=1)¹ 222 -- -2.8% ++ CO 2 intensity (EU=1) 294 -- -2.5% + CO 2

More information

Energy efficiency is a priority for the Russian Federation in its energy policy

Energy efficiency is a priority for the Russian Federation in its energy policy Energy efficiency is a priority for the Russian Federation in its energy policy Mikhail Soloviev Geneva, 7-9 October 2009 Purpose and Principles of Government Energy Policy Purpose: most efficient use

More information

Latest Offshore Developments in Sweden

Latest Offshore Developments in Sweden Latest Offshore Developments in Sweden Conference Copenhagen Offshore Wind, Offshore Wind Markets Myths and Realities Bella Center, 27 October 2005 Kenneth Averstad, Vattenfall AB Renewable Energy within

More information

The Rural Electrification in China and The Impact of Renewable Energies

The Rural Electrification in China and The Impact of Renewable Energies Student Research Projects/Outputs No.042 The Rural Electrification in China and The Impact of Renewable Energies Tomás Hevia MBA 2009 China Europe International Business School 699, Hong Feng Road Pudong,

More information

AURA SIGNS DEVELOPMENT MOU FOR TIRIS URANIUM PROJECT

AURA SIGNS DEVELOPMENT MOU FOR TIRIS URANIUM PROJECT 4 FEBRUARY 2016 AURA SIGNS DEVELOPMENT MOU FOR TIRIS URANIUM PROJECT DEVELOPMENT AND EQUIPMENT FINANCING AGREEMENT WITH POTENTIAL PRODUCTION OFFTAKE KEY PARTIES ARE China Energy Engineering Group Guangdong

More information

Comparison of Electricity Supply and Tariff Rates in South Asian Countries

Comparison of Electricity Supply and Tariff Rates in South Asian Countries Comparison of Electricity Supply and Tariff Rates in South Asian Countries By Faisal Jamil, Energy Specialist (Economics) Introduction A reliable, accessible and affordable supply of energy produced in

More information

About T&D Europe : The association

About T&D Europe : The association G. onizza Electra: Doing Business with Energy G. onizza Electra: Doing Business with Energy Electra Doing Business with Energy Efficiency Thursday 15. October 2009, Ljubljana (SI) Electra conclusions in

More information

Fact Sheet on China s energy sector and Danish solutions

Fact Sheet on China s energy sector and Danish solutions Fact Sheet on China s energy sector and Danish solutions 1. EXPANSION WITH RENEWABLE ENERGY: China focuses on a massive expansion with non fossil energy that is renewable energy and nuclear energy. The

More information

Geneva, 17-19 March 2009 COUNTRY REPORT: MALAWI

Geneva, 17-19 March 2009 COUNTRY REPORT: MALAWI CONFÉRENCE DES NATIONS UNIES SUR LE COMMERCE ET LE DÉVELOPPEMENT UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Multi-Year Expert Meeting on Services, Development and Trade: The Regulatory and Institutional

More information

Energy Megatrends 2020

Energy Megatrends 2020 Energy Megatrends 2020 Esa Vakkilainen 1 NOTE The data included in the following is mainly based on International Energy Agency's (IEA) World Energy Outlook 2007 IEA is considered the most reliable source

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY 1

SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Country Partnership Strategy: Kazakhstan 2012 2016 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Overview. Oil accounts for about a quarter

More information

Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October

Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October The context Southeast Asia is a key pillar of Asia s growth A mix of countries with disparate

More information

Energy Situation in Egypt

Energy Situation in Egypt Energy Situation in Egypt Egypt has traditionally been a net exporter of energy. Until the late 1990s, it exported oil, but oil production has declined from its peak in the early 1990s, and now roughly

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY 1

SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Country Partnership Strategy: Uzbekistan 2012 2016 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. The energy sector underpins Uzbekistan s sustained

More information

Energy & Environment Market Trends, Smart Technologies, New Fuels, Future Business Models and Growth Opportunities

Energy & Environment Market Trends, Smart Technologies, New Fuels, Future Business Models and Growth Opportunities & Environment Market Trends, Technologies, New Fuels, Future Business Models and Growth Opportunities September 2014 OUR COVERAGE & VISION: IDENTIFYING OPPORTUNITIES FROM UPSTREAM TO POINT OF USE Oil &

More information

NATURAL GAS DEMAND AND SUPPLY Long Term Outlook to 2030

NATURAL GAS DEMAND AND SUPPLY Long Term Outlook to 2030 1. Background On different occasions, Eurogas is asked to present its views on the future of the European gas industry. The forecasts are mainly needed for conferences and bilateral discussions with European

More information

Kyrgyzstan: Power Generation & Transmission

Kyrgyzstan: Power Generation & Transmission Kyrgyzstan: Power Generation & Transmission October, 2010 Author: Artyom Zozulinsky, Business & Commercial Assistant, US Embassy Bishkek Contents SUMMARY... 2 POWER SECTOR OVERVIEW... 2 Infrastructure...

More information

Newsletter. Portuguese Economy and Energy Sector

Newsletter. Portuguese Economy and Energy Sector Newsletter Portuguese Economy and Energy Sector Q2, 2012 Economic News on Portugal The country has become a diversified and increasingly service-based economy since joining the European Community (EU).

More information

Network Interconnection of Offshore Wind

Network Interconnection of Offshore Wind Network Interconnection of Offshore Wind Prepared for REOLTEC Carlos Aguirre Madrid, December 3rd Experience you can trust. Introducing KEMA A trusted independent partner providing advise throughout the

More information

INVESTING IN A TRANSITIONING SECTOR

INVESTING IN A TRANSITIONING SECTOR INVESTING IN A TRANSITIONING SECTOR Eurelectric conference Jon Moore, CEO NEW INVESTMENT IN CLEAN ENERGY 24-14 ($BN) 32% 17% $318bn -7% $294bn 16% -9% $31bn.5% $272bn $268bn 17% 46% 36% $175bn $25bn $26bn

More information

APO COE on GP Model: Green Energy. Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute

APO COE on GP Model: Green Energy. Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute APO COE on GP Model: Green Energy Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute Presentation Outline Taiwan Green Energy Achievements Green Energy Technical Services Future

More information

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 213 FACT PACK GUY TURNER HEAD OF ECONOMICS AND COMMODITIES APRIL 26, 213 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK, 26 APRIL 213 1 INTRODUCTION This year s Global Renewable

More information

Solar Power in China. By Zhou Fengqing

Solar Power in China. By Zhou Fengqing Solar Power in China By Zhou Fengqing Overview Adjust Chinese power structure Feasibility of solar power in China Solar energy as national policies Legislations of solar energy Adjust Chinese Power Structure

More information

Post-Carbon Transition. Atle Midttun Dubrovnik September/oktober 2010

Post-Carbon Transition. Atle Midttun Dubrovnik September/oktober 2010 Post-Carbon Transition Atle Midttun Dubrovnik September/oktober 2010 1 2 Why we love carbon so much! Industry and Technology: Types of competition Competency- and innovation-based arguments Market Posistioning

More information

Energinet.dk and the Danish Energy System

Energinet.dk and the Danish Energy System Energinet.dk and the Danish Energy System South African delegation Fredericia, 22 October 2015 Peter Jørgensen, Vice President 22 October 2015 Energinet.dk and the Danish Energy System 1 Agenda Introduction

More information

Smart Grid, an evolution challenging the entire power system

Smart Grid, an evolution challenging the entire power system Håkan Johansson ABB Smart Grid Initiative CPS Week 2010 Smart Grid, an evolution challenging the entire power system June 22, 2010 Slide 1 Smart Grid main driver! Increased utilization of electricity can

More information

Issue. September 2012

Issue. September 2012 September 2012 Issue In a future world of 8.5 billion people in 2035, the Energy Information Administration s (EIA) projected 50% increase in energy consumption will require true all of the above energy

More information

Summary of the Impact assessment for a 2030 climate and energy policy framework

Summary of the Impact assessment for a 2030 climate and energy policy framework Summary of the Impact assessment for a 2030 climate and energy policy framework Contents Overview a. Drivers of electricity prices b. Jobs and growth c. Trade d. Energy dependence A. Impact assessment

More information

World Energy Outlook Series

World Energy Outlook Series WORLD ENERGY OUTLOOK 22 and Global Electricity Investment Challenges World Energy Outlook Series World Energy Outlook 1998 World Energy Outlook 1999 Insights: Looking at Energy Subsidies: Getting the Prices

More information

Laszlo Varro Head of Gas Coal and Power Markets International Energy Agency

Laszlo Varro Head of Gas Coal and Power Markets International Energy Agency Laszlo Varro Head of Gas Coal and Power Markets International Energy Agency Bcm Global gas demand increases amid growing uncertainties 160 140 120 100 80 60 40 20 0 Incremental gas demand by region, 2014-2020

More information

Energy Projects Environmental Assessment and its Implications

Energy Projects Environmental Assessment and its Implications Energy Projects Environmental Assessment and its Implications Place your chosen image here. The four corners must just cover the arrow tips. For covers, the three pictures should be the same size and in

More information

FIXED CHARGE: This is a cost that goes towards making the service available, including

FIXED CHARGE: This is a cost that goes towards making the service available, including ELECTRICITY BILL COMPONENTS FIXED CHARGE: This is a cost that goes towards making the service available, including installation and maintenance of poles, power lines and equipment, and 24-hour customer

More information

Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario

Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario Medium and Long Term Natural Gas Outlook CEDIGAZ February 215 Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario 4 3 %/year 199-213 213-235 6 Main consuming markets - %/year (213-235)

More information

Power and Social Infrastructure Business Strategies May 29, 2015 Fuji Electric Co., Ltd. Power and Social Infrastructure Business Group

Power and Social Infrastructure Business Strategies May 29, 2015 Fuji Electric Co., Ltd. Power and Social Infrastructure Business Group Power and Social Infrastructure Business Strategies May 29, 2015 Fuji Electric Co., Ltd. Power and Social Infrastructure Business Group 1 Contents Business Overview Market Trends Business Targets Priority

More information

Zurich, February 12, 2009 ABB Q4 and full-year 2008 results Joe Hogan, CEO Michel Demaré, CFO. ABB Group February 12, 2009 Slide 1

Zurich, February 12, 2009 ABB Q4 and full-year 2008 results Joe Hogan, CEO Michel Demaré, CFO. ABB Group February 12, 2009 Slide 1 Zurich, February 12, 2009 ABB Q4 and full-year 2008 results Joe Hogan, CEO Michel Demaré, CFO February 12, 2009 Slide 1 Agenda Summary of full-year and Q4 2008 results Financial review Adjusting cost base

More information

15. NORWAY. 15.1 Energy Policies and Actions

15. NORWAY. 15.1 Energy Policies and Actions 15. NORWAY 15.1 Energy Policies and Actions Norway is an energy nation with large reserves of Thorium (i.e. a greener alternative to traditional nuclear fuels) and having a very advanced energy industry.

More information

Security of electricity supply

Security of electricity supply Security of electricity supply Definitions, roles & responsibilities and experiences within the EU Thomas Barth Chairman of Energy Policy & Generation Committee EURELECTRIC Outline Security of Supply a

More information

The installation and servicing

The installation and servicing European Forum for Renewable Energy Sources The installation and servicing of offshore wind farms Kaj Lindvig, CSO, A2SEA A/S 16 th September 2010 A2SEA Started 1 st July 2000 100% dedicated offshore wind

More information

The China Coal Consumption Cap Plan and Policy Research Project

The China Coal Consumption Cap Plan and Policy Research Project The China Coal Consumption Cap Plan and Policy Research Project China is the world's largest producer and consumer of coal, accounting for nearly half of the world s total annual coal consumption. While

More information

Present Status and Future Outlook for Smart Communities

Present Status and Future Outlook for Smart Communities Present Status and Future Outlook for Smart Communities Kenzo Sugai Naoto Kobayashi Jimpei Kuwayama ABSTRACT The development of smart communities that provide low-carbon, highly convenient urban infrastructures

More information

Good afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today.

Good afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today. Good afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today. Europe is at the forefront of a global transition to a cleaner energy economy. At the same time globally energy

More information

Renewable Electricity Outlook

Renewable Electricity Outlook Renewable Electricity Outlook 2016 Canadian Energy Industry Updates and Insights Energy Council of Canada February 2, 2016 Sector Outlook Growth in renewable electricity will occur across Canada Will be

More information

Wind Energy in Texas: Developments & Trends

Wind Energy in Texas: Developments & Trends Wind Energy in Texas: Developments & Trends German American Chamber of Commerce of the Southern United States, Inc. Silke Miehlke Director, Consulting Services 2011, Hannover Messe Agenda Market Overview

More information

R&D in Vattenfall Johan Söderbom

R&D in Vattenfall Johan Söderbom R&D in Vattenfall Johan Söderbom Agenda 1 2 3 Vattenfall in brief R&D portfolio Smart Grids Vattenfall in brief Net sales 2011: 181 billion SEK (20 billion ) Electricity Generation: 166,7 TWh 7.8 million

More information

UNECE Energy Week Geneva. in Energy Security

UNECE Energy Week Geneva. in Energy Security UNECE Energy Week Geneva Investing in Energy Security Committee on Sustainable Energy and related Meetings Wednesday 28 November 2007 Special Session: Investing in and Financing the Hydrocarbon Sector

More information

ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW

ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW February 2014 ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL The Energy Bill is the government s flagship energy policy. There have

More information

Greater Mekong Sub-region Power Trade and Interconnection, Mongolia Grid Interconnection Perspectives

Greater Mekong Sub-region Power Trade and Interconnection, Mongolia Grid Interconnection Perspectives Greater Mekong Sub-region Power Trade and Interconnection, Mongolia Grid Interconnection Perspectives Shigeru Yamamura( 山 村 繁 ), Energy Specialist, East Asia Department, Asian Development Bank GMS Power

More information

Glossary of Energy Terms. Know Your Power. Towards a Participatory Approach for Sustainable Power Development in the Mekong Region

Glossary of Energy Terms. Know Your Power. Towards a Participatory Approach for Sustainable Power Development in the Mekong Region Glossary of Energy Terms Know Your Power 2012 Towards a Participatory Approach for Sustainable Power Development in the Mekong Region List of terms Terms Page Terms Page Avoided cost 10 Installed capacity

More information

LNG terminal project in Lithuania November, 2012

LNG terminal project in Lithuania November, 2012 LNG terminal project in Lithuania November, 2012 Areas of activities Klaipedos nafta Oil transshipment terminal LNG Terminal Klaipėdos Nafta 2 LNG Terminal Project - Background The necessity to have an

More information

Solar Energy in Germany

Solar Energy in Germany Focus on Germany London Office The Chandlery Office 609 50 Westminster Bridge Road GB London SE1 7QY Tel 00 44 20 77 21 87 45 Fax 00 44 20 77 21 87 46 feslondon@dial.pipex.com www.fes.de/london March 2006

More information

Wind Power Overview - with offshore focus. Jörgen Svensson Industrial Electrical Engineering and Automation

Wind Power Overview - with offshore focus. Jörgen Svensson Industrial Electrical Engineering and Automation Wind Power Overview - with offshore focus Jörgen Svensson Industrial Electrical Engineering and Automation Organisation - research group Lund university, 1666, students 47000 staff 7200 Faculty of Engineering,

More information

Offshore Wind China 2010 Bergen, 15th March 2010. Olivier Angoulevant Nexans Norway AS

Offshore Wind China 2010 Bergen, 15th March 2010. Olivier Angoulevant Nexans Norway AS Offshore Wind China 2010 Bergen, 15th March 2010 Olivier Angoulevant Nexans Norway AS At the core of performance At the core of performance : a worldwide leader Worldwide leader in cables, cabling systems

More information

The World Nuclear Industry Status Report 2014

The World Nuclear Industry Status Report 2014 The World Nuclear Industry Status Report 2014 Free download at www.worldnuclearreport.org Mycle Schneider International Consultant on Energy and Nuclear Policy, Paris, France Convening Lead Author of the

More information

The evolving world of power Opportunities and challenges

The evolving world of power Opportunities and challenges The evolving world of power Opportunities and challenges Balancing the need for power with minimum environmental impact Global demand for energy is rising fast, and demand for electricity is rising even

More information

Contents. Wind power sector facts. Growth drivers. Immediate challenges. Innovative and global response

Contents. Wind power sector facts. Growth drivers. Immediate challenges. Innovative and global response Wind power sector 'Keys to competitiveness on the international stage ESADE-Deloitte Jorge Calvet, Chairman of Gamesa Madrid, 1 July 2010 Contents 5 5 5 1 Wind power sector facts Growth drivers Immediate

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY 1. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): ENERGY 1. 1. Sector Performance, Problems, and Opportunities Country Partnership Strategy: Bangladesh, 2011 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Power generation gap. Bangladesh endures long

More information

CHINA 2050 HIGH RENEWABLE ENERGY PENETRATION SCENARIO AND RODAMAP STUDY

CHINA 2050 HIGH RENEWABLE ENERGY PENETRATION SCENARIO AND RODAMAP STUDY 国 家 发 展 和 改 革 委 员 会 能 源 研 究 所 Energy Research Institute National Development and Reform Commission CHINA 2050 HIGH RENEWABLE ENERGY PENETRATION SCENARIO AND RODAMAP STUDY CHINA NATIONAL RENEWABLE ENERGY

More information

April 2016. ABB in Norway. Power and productivity for a better world ABB. Slide 1

April 2016. ABB in Norway. Power and productivity for a better world ABB. Slide 1 April 2016 ABB in Norway Power and productivity for a better world Slide 1 ABB today A global leader in power and automation technologies What (Offering) Power ~ 40 % of revenue Power & Automation Automation

More information

DECISION APPROVAL OF THE NATIONAL MASTER PLAN FOR POWER DEVELOPMENT FOR THE 2011-2020 PERIOD WITH THE VISION TO 2030

DECISION APPROVAL OF THE NATIONAL MASTER PLAN FOR POWER DEVELOPMENT FOR THE 2011-2020 PERIOD WITH THE VISION TO 2030 THE PRIME MINISTER ------- THE SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness No. 1208/QD-TTg --------------- Hanoi, 21 July 2011 DECISION APPROVAL OF THE NATIONAL MASTER PLAN FOR POWER

More information

New challenges faced by the world s energy development and the energy strategy of China

New challenges faced by the world s energy development and the energy strategy of China New challenges faced by the world s energy development and the energy strategy of China Feng Fei Development Research Center of the State Council I. New challenges faced by the world s energy development:

More information

CRS Report Summaries WORKING DRAFT

CRS Report Summaries WORKING DRAFT CRS Report Summaries R40147 Green Buildings This is a definition and analysis of the cost and benefits of green buildings. It also cites agencies and laws that encourage the building of environmentally

More information

Medium Term Outlook for coal. Laszlo Varro Head of Gas, Coal and Power Markets

Medium Term Outlook for coal. Laszlo Varro Head of Gas, Coal and Power Markets Medium Term Outlook for coal Laszlo Varro Head of Gas, Coal and Power Markets Two key numbers 500 000 tonnes is the increase in annual global coal consumption every day for the next five years 100% of

More information

China s Electricity System: A Primer on Planning, Pricing, and Operations. Fritz Kahrl Jim Williams E3

China s Electricity System: A Primer on Planning, Pricing, and Operations. Fritz Kahrl Jim Williams E3 China s Electricity System: A Primer on Planning, Pricing, and Operations Fritz Kahrl Jim Williams E3 Context Framing question: How to reduce CO 2 emissions in China s power sector? Figure: Wind Curtailment

More information

What we do Electricity

What we do Electricity Electricity The electricity industry connects generation sources to homes and businesses via transmission and distribution networks. Electricity is sold to consumers by companies who have bought it from

More information

Mongolian power sector:

Mongolian power sector: Mongolian power sector: Background and current policy Kh.Erdenechuluun Representing UBEDN, Mongolia BRIEFLY ABOUT MONGOLIA Territory: 1.564 million km 2 Population: 2.7 million Capital city: Ulaanbaatar

More information

CURRENT STATUS OF ENERGY SECTOR IN TANZANIA

CURRENT STATUS OF ENERGY SECTOR IN TANZANIA CURRENT STATUS OF ENERGY SECTOR IN TANZANIA EXECUTIVE EXCHANGE ON DEVELOPING AN ANCILLARY SERVICE MARKET USEA WASHINGTON DC 25 TH FEBRUARY 2 ND MARCH 2013 PRESENTED BY: ENG. CHRISTIAN MATYELELE MSYANI

More information

SECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6

SECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6 CONTENTS SECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6 Disclaimer notice on page 8 applies throughout. Page 2 SECTION 1. PREAMBLE The New Energy Outlook (NEO) is Bloomberg New Energy

More information

Application of Shore Power for Ocean Going Vessels at Berth in China Chuan-sheng PENG

Application of Shore Power for Ocean Going Vessels at Berth in China Chuan-sheng PENG 2016 International Conference on Sustainable Energy, Environment and Information Engineering (SEEIE 2016) ISBN: 978-1-60595-337-3 Application of Shore Power for Ocean Going Vessels at Berth in China Chuan-sheng

More information

Technical Session 4/Smart Grid for Smart City China Strategy and Experience

Technical Session 4/Smart Grid for Smart City China Strategy and Experience Technical Session 4/Smart Grid for Smart City China Strategy and Experience Professor Loi Lei Lai, Guangdong University of Technology October, 18 2016 Agenda The Big Picture Smart Grid and Smart City Development

More information

GG102 Unit 2. Energy Lecture 4. Hydropower and Biofuels

GG102 Unit 2. Energy Lecture 4. Hydropower and Biofuels GG102 Unit 2. Energy Lecture 4 Hydropower and Biofuels Fuel Sources used in the USA Renewables = 8 % of fuel used in the USA Petroleum Fuel Type Natural Gas Coal Nuclear Power Renewable Energy (solar,

More information

China s Technology Development and Innovation Strategy

China s Technology Development and Innovation Strategy World Resources Institute China s Technology Development and Innovation Strategy Xiaomei Tan, Ph.D. Project Manager China Climate and Energy Program World Resources Institute October 26 th, 2010; CSIS

More information

China Solar Market Analysis

China Solar Market Analysis China Solar Market Analysis Eilat-Eilot Renewable Energy 5 th International Conference & Exhibition Nov. 2012 Anna Wang - Sales Manager (Southern Europe & LaTam) Outline China Overview -About China -Chinese

More information

Smart Grid, Implementation strategies

Smart Grid, Implementation strategies Håkan Johansson ABB Smart Grid Initiative May 11, 2011 Smart Grid, Implementation strategies ABB Group May 11, 2011 Slide 1 Smart Grid, a puzzle based on: an evolution challenging the entire power system

More information

Viking Link Interconnector

Viking Link Interconnector Viking Link Interconnector Public information event for Bicker Parish Why we re here today We re here today to introduce the Viking Link project, to explain what we want to build and to answer any questions

More information

FINNGULF LNG LNG IMPORT TO FINLAND

FINNGULF LNG LNG IMPORT TO FINLAND FINNGULF LNG LNG IMPORT TO FINLAND CLEANLY WITH NATURAL ENERGY GASES Gasum is a Finnish expert in natural energy gases. We import natural gas to Finland, and transmit and supply it for energy production,

More information

East of England Energy Group, All Energy Summer Conference th July 2012 Trinity Park, Ipswich Suffolk

East of England Energy Group, All Energy Summer Conference th July 2012 Trinity Park, Ipswich Suffolk DONG 85/15 Energy Tim Johnson Procurement & Contracts Manager DONG Energy Wind Power East of England Energy Group, All Energy Summer Conference 2012 11 th July 2012 Trinity Park, Ipswich Suffolk DONG Energy

More information

Sweden s energy policy should build on the same three pillars as energy cooperation in the EU. The policy therefore aims to combine:

Sweden s energy policy should build on the same three pillars as energy cooperation in the EU. The policy therefore aims to combine: Framework agreement between the Swedish Social Democratic Party, the Moderate Party, the Swedish Green Party, the Centre Party and the Christian Democrats Pillars Sweden s energy policy should build on

More information

The River Devoll Project

The River Devoll Project EVN Hydropower Development in Albania The River Devoll Project Dr. Michael Laengle, CFO Agenda > EVN Overview and strategy > Albania Electricity market in SEE > The River Devoll project 2 Company profile

More information

ECONOMIC ANALYSIS. A. Project Rationale

ECONOMIC ANALYSIS. A. Project Rationale Java 500-Kilovolt Power Transmission Crossing (RRP INO 42362) ECONOMIC ANALYSIS A. Rationale 1. The peak demand for electricity in in 2012 was 618 megawatts (MW). This demand was served by the transmission

More information

Finding a green engine for economic growth China s renewable energy policies

Finding a green engine for economic growth China s renewable energy policies Low Carbon Green Growth Roadmap for Asia and the Pacific CASE STUDY Finding a green engine for economic growth China s renewable energy policies Key points China s renewable energy industry has been elevated

More information

ANSWER KEY. Wind Power Exam. Science Olympiad Division B Casa Grande Invitational 16 th January Team Number: School: Students: Exam Points / 50

ANSWER KEY. Wind Power Exam. Science Olympiad Division B Casa Grande Invitational 16 th January Team Number: School: Students: Exam Points / 50 Team Number: School: Students: Wind Power Exam Science Olympiad Division B Casa Grande Invitational 16 th January 2016 Exam Points / 50 Blade Points / 50 Total Points / 100 While waiting to be called to

More information

Investment Brief for the Electricity Sector in Ghana

Investment Brief for the Electricity Sector in Ghana Investment Brief for the Electricity Sector in Ghana Overview Ghana s economy growth decelerated sharply to an estimated 4.2% in 2014, down from 7.4 % in 2013. Manufacturing and oil production from the

More information

ESBI Company Profile. ESB International. Bringing Energy Innovation to the World...

ESBI Company Profile. ESB International. Bringing Energy Innovation to the World... ESBI Company Profile ESB International Bringing Energy Innovation to the World... ESB International ESBI is one of Europe s most progressive and commercially focused electricity consultancy firms with

More information

World Energy Outlook: Key Strategic Challenges

World Energy Outlook: Key Strategic Challenges World Energy Outlook: Key Strategic Challenges Dr. Fatih Birol Chief Economist Head, Economic Analysis Division Energy Trends & Strategic Challenges Reference Scenario World Primary Energy Demand 18 000

More information

Medium voltage products. Technical guide Smart grids

Medium voltage products. Technical guide Smart grids Medium voltage products Technical guide Smart grids Contents 2 1. Introduction 8 2 The different components and functions of a smart grid 8 2.1 Integration of distributed renewable energy sources 9 2.2

More information

Electricity Sources. Coal Fleet

Electricity Sources. Coal Fleet This paper is called Coal Facts because it provides factual information and data related to coal-based electricity. Most of the data are taken from independent third party sources, such as the Energy Information

More information

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014 World Energy Outlook Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014 The world energy scene today Some long-held tenets of the energy sector are being rewritten Countries are switching roles:

More information

Electricity & Gas Energy & Energy Services

Electricity & Gas Energy & Energy Services Electricity & Gas Energy & Energy Services International Development Executive Training Programme for Young Energy Leaders Energy Charter Secretariat Brussels 29 October 2013 César Ortiz Sotelo Deputy

More information