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  • July 22, 2014
  • Last updated: 6:32pm
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  1. Business - China Business - ENERGY

    Sino-Dutch consortium spends up on feasibility study for tidal energy

    Posted Jul 21st 2014, 03:18am by Eric Ng

    ... on a per MW basis, and its production cost may be similar to the subsidised power selling prices of 12 to 13.7 US cents per kWh enjoyed by offshore power plants. Analysts said this means the tidal ...

  2. Business - China Business - ENERGY

    Proposed giant tidal plant for mainland China is far-off dream

    Posted Jul 21st 2014, 03:18am by Eric Ng

    ... to 15 US cents per kilowatt-hour (kWh), similar to the prices of 12 to 13.7 US cents per kWh at which subsidised offshore wind power is sold to the national grid. This means a greater subsidy ...

  3. Business - Commodities - ENERGY

    Investors dump Singyes shares on bond issue plan

    Posted Jul 18th 2014, 02:57am by Eric Ng

    ... at HK$16.11 each, 32.5 per cent higher than Singyes' closing price on Wednesday. The stock closed at HK$11.44 yesterday. The deal's bookrunners are BOC International Holdings and HSBC ...

  4. News - Hong Kong - ENERGY

    Mainland power price is top consideration, says CLP boss Richard Lancaster

    Posted May 09th 2014, 03:17am by Eric Ng

    ... Eric Ng Mainland power price is top consideration, says CLP boss "Tens of billions" of dollars in infrastructure will be needed to realise the government's plan to have 30 per cent of Hong Kong's power imported from the mainland by 2023, says CLP chief executive Richard Lancaster. But the interests of industry and consumers were more important than ...

  5. Business - Commodities - ENERGY

    Fixed prices for output from offshore wind farms hailed

    Posted Jun 20th 2014, 12:59am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Fixed prices from offshore wind farms hailed Beijing has unveiled fixed power prices for output from offshore wind farms for the first time, providing badly ... to the pace of technological advancement and changes in construction costs, the commission said. Power prices for projects previously awarded via tendering would remain at levels at which the winning ...

  6. Business - Commodities - ENERGY

    Chinese demand for Indonesian coal increases despite pollution fears

    Posted Jul 07th 2014, 05:26am by Eric Ng

    ... profit margin grew to 31.8 per cent from 29.4 per cent. Average selling price of about HK$242 per tonne was steady from HK$243 in the previous year, given the weak global coal market which saw big price falls of coal produced in nations which are located farther from major markets. Chief financial officer Ashok Sahoo said the firm's average production cost fell to US$25.50 ...

  7. Business - Commodities - ENERGY

    China Resources Gas counts on Russia deal boost

    Posted May 31st 2014, 12:59am by Sophie Yu

    ... cubic metres (bcm) of gas a year to northern China from as early as 2018, according to the agreement. Ong said he expected a large proportion of this would be consumed in the three northeast ... bcm by 2020 from 168 bcm last year. Research reports expect the northern and northeast provinces would be the main consumers of the Russian gas. Ong said the supply of gas in Tianjin, where ...

  8. Business - Commodities - ENERGY

    Rising US gas exports set to boost demand for LPG ships

    Posted Jul 02nd 2014, 01:45am by BLOOM

    ... 506,000 barrels a day in April from a year earlier, Energy Information Administration data showed. Production of the gases has grown as high oil prices and improvements in horizontal drilling ... a day in the week to June 13, the highest since 1986, and natural gas output is forecast to hit a record high for a fourth year. An ample supply of gas has depressed prices along the US Gulf ...

  9. News - Hong Kong - ENERGY

    Hong Kong needs reserves of natural gas and more energy sources: lawmaker

    Posted Jun 30th 2014, 11:10am by Ernest Kao

    ... Ordinance to ensure stable supply in periods of shortages or price volatility. “In such a small city with such high electricity consumption, we will need a reserve and we cannot just have one source ...

  10. Business - Commodities - ENERGY

    Timely Russian gas deliveries to China look far from certain

    Posted Jun 30th 2014, 01:40am by Eric Ng

    ... of proven and probable gas reserves, enough to supply all of Asia for five years. But a lack of infrastructure and more than a decade of tough gas price negotiations with China means the gas remains ...




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