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  1. Business - Commodities - ENERGY

    Wind power and equipment maker shares slide 6pc by midday

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

    ... per cent to 3.44 million yuan (HK$4.3 million) per megawatt from five years ago, according to a Citi research note. The National Development and Reform Commission has proposed to cut each ... the distribution bottleneck. Pierre Lau, head of Asia utilities research at Citi, said the proposed cuts would cut wind farm operators' estimated net profit by an average 0.3 per cent next year ...

    http://www.scmp.com/business/commodities/article/1593078/windpower-and-equipment-maker-shares-slide-6pc-midday
  2. Business - Commodities - ENERGY

    ENN Energy on track to meet target

    Posted Aug 26th 2014, 09:28am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Wang Dongzhi, chief executive of mainland city-gas distributor ENN Energy said on Monday he saw “no problem” for the company to reach a 20 per cent target for full-year net profit growth. On Friday, ENN Energy posted a 19.6 per cent year-on-year rise in first-half pre-tax profit to 2.09 billion yuan (HK$2.63 billion), excluding an accounting loss ...

    http://www.scmp.com/business/commodities/article/1580734/enn-energy-track-meet-target
  3. Business - Commodities - ENERGY

    Gas distributors fall on imminent price increase

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

    ... at the city-gate level. Prices for residents and fertiliser makers will remain unchanged. Higher prices may weigh on China’s city gas distributors over producers Barclays analysts The industrial sector typically accounts for about two-thirds of city gas distributors’ sales. “Higher prices may weigh on China’s city gas distributors over producers, as margins soften and volume growth ebbs,” ...

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

    Beijing raises natural gas prices by 16pc

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

    ... 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 and Beijing’s earlier guidance on gas price reform. From September 1, the prices of natural gas at the city-gate level will be raised by up to 40 fen per cubic metre, the National Development and Reform ...

    http://www.scmp.com/business/commodities/article/1572142/beijing-raises-natural-gas-prices-16pc
  5. Business - China Business - ENERGY

    Ruentex pact paves way for Sinopec retail spin-off

    Posted Aug 04th 2014, 03:40am by Eric Ng

    ... the Auchan brand, mostly in prefecture-level or smaller cities. Nearly half of them are in eastern China. Ruentex also operates about 600 convenience stores under the C-Store brand. Set up ...

    http://www.scmp.com/business/china-business/article/1565713/ruentex-pact-paves-way-sinopec-retail-spin
  6. Business - China Business - ENERGY

    Clean water access offers flood of business opportunities

    Posted Jul 28th 2014, 04:26am by Benjamin Robertson

    ... communities. While cities are unlikely to run out of water, shortages would force Beijing to prioritise who gets to keep the taps running. To help stave off such a scenario, the government is spending ...

    http://www.scmp.com/business/china-business/article/1560683/clean-water-access-offers-flood-business-opportunities
  7. 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 harness clean renewable energy to help fight air pollution shrouding major cities such as Beijing. "Mass commercialisation of tidal power is very far away, maybe it will happen by 2050," ... of Asia utilities research at Citi. "With such a long dam needed to be built out into the sea, it may also face opposition from the shipping and fishing industries." Gary Chiu, head ...

    http://www.scmp.com/business/china-business/article/1556881/proposed-giant-tidal-plant-mainland-china-far-dream
  8. News - China - ENERGY

    French say communication on safety measures at Taishan nuclear plant lacking

    Posted Jun 20th 2014, 02:00am by Bloomberg

    ... In the coastal city of Taishan, 60km from Hong Kong, mainland builders are entering the final construction stages for two state-of-the-art European Pressurised Reactors (EPR). Each will produce about ... senior executive vice-president in charge of generation, said EDF was satisfied with China's safety procedures. In China, "there is real, independent control that works at least as well ...

    http://www.scmp.com/news/china/article/1536563/french-say-communication-safety-measures-taishan-nuclear-plant-lacking
  9. News - Hong Kong - ENERGY

    City's largest electricity supplier wants to hold off on power-import decision

    Posted May 22nd 2014, 03:53am by CHEUNG CHI-FAI

    ... Cheung Chi-fai chifai.cheung@scmp.com City's largest electricity supplier says it is too early to decide between local solution and importing from the mainland grid CLP wants power options left open The largest electricity supplier in Hong Kong says it is too early to rule out a local solution to the city's future energy needs before a decision is made on importing ...

    http://www.scmp.com/news/hong-kong/article/1517394/citys-largest-electricity-supplier-wants-hold-power-import-decision
  10. 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

    ... Ernest Kao ernest.kao@scmp.com Importing 30 per cent of the city's energy from the mainland would compromise Hong Kong's energy security, says Kenneth Leung Hong Kong should hold ... that the government lacked a comprehensive energy policy and had not considered the importance of a long-term energy reserve despite recently drawing up plans for the future of the city’s energy supplies ...

    http://www.scmp.com/news/hong-kong/article/1543439/hong-kong-needs-reserves-natural-gas-and-more-energy-sources-lawmaker

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