Australia urged to cut emissions
Australia’s plan to cut its greenhouse gas emission through the recently signed six-nation technology pact may be inadequate, says the International Energy Agency (IEA).
The agency praised the country’s government for establishing one of the best examples of a competitive market in the world, but warned despite secure and low cost energy, the country would have to ‘substantially alter’ its future energy policy if it is to reverse the increasing level of harmful emissions.
Due to the widespread use of coal and high energy intensity, Australian CO2 emissions per unit of GDP are 43 per cent above the IEA average. The IEA recommended that Australia consider all options to address climate change, including emissions trading.
Siemens to add 700 MW
The Electricity Generating Authority of Thailand (EGAT) has awarded a Siemens-led consortium the turnkey contract to build a new 700 MW combined cycle power plant in Songkhla province.
Demand for electrical capacity in Thailand is expected to increase on average by 2200 MW per year between 2007 and 2015. The state owned company, EGAT, is expected to announce plans to construct further power plants in the near future.
Siemens will supply two SGT5-4000F gas turbines, a steam turbine and three generators as well as the instrumentation and control system and auxiliaries. Its consortium partner, Marubeni Corporation, is responsible for the heat recovery steam generators, the civil works and balance of plant. Commercial operation is expected in 2008.
Globeleq buys Asian capacity from El Paso Corporation
The emerging markets power company, Globeleq, is to purchase El Paso Corporation’s South Asian power generation assets for $109m.
To be closed in stages, the transaction will see Globeleq acquire over 600 MW of capacity by the end of the year. El Paso has sold its stake in several projects in Bangladesh, Pakistan, Indonesia and the Philippines.
Arun Sen, Globeleq vice president for Asia, said: “This transaction will add to our existing positions in Bangladesh and give us strong positions in Pakistan and Indonesia, two countries with strong demand growth in the electricity sector.”
Huaneng orders largest FGD system in China
Austrian Energy and Environment is to supply equipment for the largest flue gas desulphurisation (FGD) unit in China after it was awarded a contract from Huaneng Power International.
The supplier of thermal generation and environmental systems will provide an emission reduction system for each of the four 1000 MW blocks at the Yuhuan coal fired power station in Zhejiang province. Construction began in June of this year and is scheduled for completion in June 2007.
In China, FGD systems are currently being installed at an annual capacity rate of 25 000 to 30 000 MW of which the Austrian company believed it will account for 10 000 MW.
Philippine power fears intensify
The Philippine President has called on Congress to approve the latest draft of an energy bill designed to protect the country from the recent surge in oil prices.
The country has been on alert since the price of oil began to climb above previous expectations. The general public has been asked to minimize energy use, while government employees have been told that there may be a return to a four-day working week.
Energy secretary, Rafael Lotilla, recently said that the country must seek alternative fuel sources if it is to prevent an escalation in the financial problems currently being experienced due to the climbing price of oil.
Interest free World Bank loan to improve Vietnam’s grid
The World Bank has approved a $200m interest free loan to support the development of Vietnam’s transmission and distribution system, as the country strives to keep up with the pace of demand.
Electricity demand growth averaged 15 per cent between 1995 and 2004 and although generation capacity has been added, little has been spent on connecting it to the 500 kV transmission system and then ensuring it travels securely to the end users.
The first phase of the project will see transformer stations built in southern provinces before work on the second phase starts to develop a more comprehensive transmission and distribution system.
Australia: Danish turbine manufacturer Vestas is to provide 48 of its 1.65 MW wind turbines to power a desalination plant in Western Australia.
Bangladesh: The country has welcomed the start of it first ever generation from wind. The four turbine 900 kW wind farm is located in the southeastern district of Feni.
China: Construction of the first offshore wind farm in China is set to begin next year in the northern coastal province of Hebei.
China: Lufeng has emerged as the preferred location of the fourth nuclear power plant to be built in the Guangdong province.
India: Five countries, including Australia and Qatar, are negotiating with Gail for the contract to supply LNG to the Dhabol project when it re-opens in September 2006.
Indonesia: The government is to work with local administrations to settle the land acquisition problems hindering the construction of Java’s extra high voltage transmission line.
Nepal: India’s Power Grid Corporation is to investigate the viability of constructing the first 220 kV transmission line in Nepal.
New Zealand: The nation’s major electricity suppliers have said that the proposed $500m North Island transmission project is the best option for securing power supplies in Auckland.
Pakistan: The Japan Bank for International Cooperation has loaned the Pakistan government around $150m to rehabilitate the Lower Chenab canal system and upgrade its load dispatch system.
Philippines: A geothermal project in the Visayas, designed to ease a power supply shortage in the region, is to receive financial backing from the World Bank.
Philippines: PSALM, the company created to oversee the privatisation of Napocor’s generation assets, has again delayed the deadline for the sale. It is now aiming to sell in the first quarter of 2006.
South Korea: The government has accepted a blueprint that will see the country develop a hydrogen-based economy by 2040.
Sri Lanka: The Ceylon Electricity Board has received funding from China to create three hydropower plants with a combined output of 239 MW.
Taiwan: The Taiwan Power Company is to use Invensys Process Systems control technology in the upgrade of its nuclear power station located in Ping Tung.
Vietnam: A 330 MW coal fired power plant is to be built in the northern province of Ninh Binh costing $402m.