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  1. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

    Posted Aug 12th 2014, 04:59pm by Eric Ng

    ... prices were much lower to protect consumers and farmers, but rising imports, which makes up over 30 per cent of consumption, forced Beijing to lift prices to stem losses for importers. The hike ... Eric Ng eric.mpng@scmp.com The central government has raised the mainland’s average non-residential natural gas prices by around 16 per cent, in line with analysts’ expectations ...

    http://www.scmp.com/business/commodities/article/1572142/beijing-raises-natural-gas-prices-16pc
  2. News - Hong Kong - ENERGY

    Experts split over 'trust issue' in city's fuel-mix debate

    Posted Apr 28th 2014, 06:05am by CHEUNG CH-FAI

    ... interruption" per consumer. This meant a reliability rate of 99.98 per cent, based on an internationally used average service availability index (Asai). Macau, which imports about 90 per cent of its ... the information about the mainland supply, or simply refused to believe in it". "The import option will allow [Hong Kong] to pass on the risks of the gas price fluctuation that we would ...

    http://www.scmp.com/news/hong-kong/article/1498500/experts-split-over-trust-issue-citys-fuel-mix-debate
  3. News - World - ENERGY

    World's energy supply system under threat as global demand increases

    Posted Nov 12th 2014, 10:10pm by AFP

    ... industrial oil-consuming nations, also forecast China would overtake the US as the world's biggest oil consumer "in the early 2030s". Growth in oil demand to 2040 would also be driven ... in the region "has rarely been greater since the oil shocks in the 1970s" that left countries desperately short of fuel supplies. While oil prices are currently at four-year lows, it sees them ...

    http://www.scmp.com/news/world/article/1638337/worlds-energy-supply-system-under-threat-global-demand-increases
  4. Business - China Business - ENERGY

    Beijing warned not to cut wind power tariffs

    Posted Oct 25th 2014, 03:41am by Eric Ng

    ... Eric Ng in Beijing eric.mpng@scmp.com Wind power industry warns mainland about cutting tariffs as debate rages over consumer price cuts and energy targets Power tariffs blowing in the wind ... developers have warned. But power distribution executives said the lowering of clean and renewable power prices was an inevitable trend, given that industries should not rely on long-term subsidies ...

    http://www.scmp.com/business/china-business/article/1624056/beijing-warned-not-cut-wind-power-tariffs
  5. Business - Commodities - ENERGY

    Beijing cuts fuel prices as global glut weighs on crude values

    Posted Sep 17th 2014, 11:51am by Eric Ng

    ... refiners in Europe and Asia have combined to deflate global oil prices.” The mainland, the world’s second largest oil consumer, posted weaker than expected economic and energy consumption figures ... Eric Ng eric.mpng@scmp.com The central government has cut domestic fuel prices by less than 2 per cent from Wednesday, in the fourth consecutive reduction since late July, as global crude ...

    http://www.scmp.com/business/commodities/article/1594497/beijing-cuts-fuel-prices-global-glut-weighs-crude-values
  6. Business - Commodities - ENERGY

    Small solar farms boosted by Beijing's new pricing policy

    Posted Sep 06th 2014, 05:37am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Solar farms boosted by Beijing's new pricing policy The mainland's energy policy regulator has launched a set of policy initiatives to support small off-power-grid solar farm projects, including giving developers flexibility to sell their output to grid operators at the higher subsidised prices enjoyed by large, ground-mounted projects ...

    http://www.scmp.com/business/commodities/article/1586240/small-solar-farms-boosted-beijings-new-pricing-policy
  7. News - World - ENERGY

    EU narrowly approves plan for new nuclear plant in Britain

    Posted Oct 09th 2014, 10:17pm by AFP

    ... a combined 30-40 per cent and French firm Areva 10 per cent. The European Commission launched the investigation in late 2013, delving into the project's elaborate price guarantee system that critics claim will prove hugely expensive to UK consumers. In its revision, Britain promised to limit potential profit for private investors involved in the project, but the overall structure ...

    http://www.scmp.com/news/world/article/1613058/eu-narrowly-approves-plan-new-nuclear-plant-britain
  8. Business - Commodities - ENERGY

    Gas distributors fall on imminent price increase

    Posted Aug 13th 2014, 11:24am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of mainland distributors of natural gas fell on Wednesday morning after the central government announced it would raise gas prices from September 1. ... 1.7 per cent to HK$25.35, while Beijing Enterprises slid 1.8 per cent to HK$72.05, and China Gas eased 0.5 per cent to HK$15.72. The Hang Seng Index was up 0.3 per cent. The National ...

    http://www.scmp.com/business/commodities/article/1572706/gas-distributors-fall-imminent-price-increase
  9. Business - Commodities - ENERGY

    Wind power and equipment maker shares slide 6pc by midday

    Posted Sep 15th 2014, 02:32pm by Eric Ng

    ... and relieve the financial pressure on the government and consumers that have to bear the costs of rising consumption of clean energy. The average price of a 1.5-megawatt turbine has fallen about 36 ... regulator is consulting participants on cutting power prices by an average 6 per cent on wind farms that start operation from the middle of next year or later. State-backed China Longyuan Power ...

    http://www.scmp.com/business/commodities/article/1593078/windpower-and-equipment-maker-shares-slide-6pc-midday
  10. News - Hong Kong - ENERGY

    Smaller rise in power rates next year, says CLP

    Posted Aug 15th 2014, 04:06am by CHEUNG CHI-FAI

    ... to the Environment Bureau last year. But if coal prices continued to drop, consumers might see just single-digit tariff growth, said the Hong Kong-based World Green Organisation, which has been watching ... Cheung Chi-fai chifai.cheung@scmp.com Smaller rise in CLP power rates as coal prices fall More than two million power users in the New Territories and Kowloon can expect a smaller tariff ...

    http://www.scmp.com/news/hong-kong/article/1573748/smaller-rise-power-rates-next-year-says-clp

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