• Thu
  • Dec 18, 2014
  • Updated: 6:56am

Electric Power

Pricing move puts spark into power shares

Power prices will track coal costs more closely. Photo: Reuters

Shares in mainland power and coal producers gained after Beijing's announcement of a new power and coal price linkage mechanism that frees coal prices from state intervention and lets power prices track coal price movements more closely.

Friday, 28 December, 2012, 4:14am

Headwinds to thin crowded turbine sector

The mainland's overcrowded wind power equipment sector is undergoing consolidation that could see most of its contenders withdraw from the market in the next few years.

24 Oct 2011 - 12:00am

Wind firms seek to tap growth abroad

Mainland wind farm developers and equipment makers, mostly state-backed and financed, will need to sharpen their 'soft skills' if they want to successfully crack into the international market, amid slowing growth at home.

12 Sep 2011 - 12:00am

Cheung Kong accused of fee breach at flats

A serviced apartment operator under Cheung Kong (Holdings) has been accused of breaching its contract agreement with CLP Power by reselling electricity to its tenants.

25 Jul 2011 - 12:00am

Lai See

Asia's world city not so clever when it comes to smart meters

7 Jul 2011 - 12:00am

CLP trial of smart meters to cover more homes

CLP Power will expand trials of smart meters in customers' homes this year in an effort to improve electricity consumption management.

10 Jun 2011 - 12:00am

Mainland price controls threaten HK's clear view

Yesterday was a beautifully clear day in Hong Kong. For a city that has grown used to a thick haze of pollution, the sky was an uncommonly crisp, fresh blue. From the waterfront offices of Causeway Bay, you felt you could almost reach out and touch Hong Kong's highest peak at Tai Mo Shan, a full 15 kilometres away.

19 May 2011 - 12:00am

Executives call for China, US alliance on electricity

Companies in the United States and China have complementary advantages and should co-operate to bring down the high costs of making the world's electricity grids 'intelligent' via information technology upgrades, according to industry executives.

But they are not doing so due to competitive and regulatory reasons.

14 May 2011 - 12:00am

Share price surges on Chinese smart-meter deal

Electricity, water and gas meter maker Wasion Group Holdings saw its share price surge 8 per cent to HK$4.32 after it announced it won a 274.24 million yuan contract for 1.1 million units of smart meters from State Grid Corporation of China worth 274.24 million yuan.

10 May 2011 - 12:00am

Storms expose structural problems behind failure of power networks

Underinvestment in power grids, a growing tendency to rely on long-distance electricity transmission from remote regions and a lack of contingency planning are structural problems exposed by the snowstorm-induced power cuts on the mainland, according to analysts.

9 Feb 2008 - 12:00am

State Grid-led group wins Manila power contract

A consortium including State Grid Corp of China, the mainland's largest power distributor, successfully bid US$3.95 billion for a 25-year concession to operate the Philippines' power grid yesterday.

The group, led by the Philippines' Monte Oro Grid Resources, beat the US$3.905 billion offer of the rival bidder, a consortium headed by food and beverage giant San Miguel Corp.

13 Dec 2007 - 12:00am

Wind turbine sector on road to overcapacity

When the Danish wind power equipment maker Suzlon Energy opened an office in the mainland two years ago it did not come for lower manufacturing costs or a cheaper labour force. It was joining dozens of other companies in the race to grab a share of the industry's biggest new market.

12 Nov 2007 - 12:00am

Blackout at monitoring station

A major power failure in Shanghai paralysed operations at a key Chang'e monitoring station for more than an hour and a half on Saturday, Xinmin Evening News reported yesterday. The station, at the Shanghai Observatory, was in charge of monitoring the orbiter's status and data transmission when the failure occurred.

1 Nov 2007 - 12:00am

Hymini

Unless you've been living in a cave, you'll know about how global warming is affecting our planet.

Much of the world runs on fossil fuels - namely oil and coal - which release carbon dioxide, or greenhouse gases, when burned.

The resulting fumes are blamed for heating up our atmosphere, causing the climate to change and melting the ice in the polar regions.

21 Oct 2007 - 12:00am

Wasion Meters moves to double capacity and boost overseas sales

Wasion Meters Group, the mainland's largest maker of electronic power meters, plans to more than double production capacity by the end of next year as it steps up efforts to expand overseas sales.

13 Aug 2007 - 12:00am

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