Electricity Generation

Solar powers ahead

Solar energy's popularity in Europe derives from a combination of rapidly falling costs and generous state subsidies. Photo: AP

European solar power capacity has already reached some 80 per cent of national projections for the end of the decade, underlining how growth has caught policymakers unawares.

Friday, 7 June, 2013, 3:46am

Don't kid yourself that electric taxis are green

A BYD e6 electric taxi

Encouraged by the prospect of generous subsidies from the government's HK$300 million "green transport fund", the Hong Kong Taxi & Public Light Bus Association is leasing 45 battery-powered "e6" vehicles from Shenzhen-based manufacturer BYD.

21 May 2013 - 9:04am 15 comments

'Golden age' of coal draws to a close

Coal-fired power is losing popularity. Photo: Bloomberg

The mainland's coal-fired electricity market will suffer a "structural oversupply", as cheap but dirty-burning energy sources are increasingly marginalised, says a senior industry official.

18 Apr 2013 - 5:33am

Business Digest, January 19, 2013

The US Mint has sold out of American Eagle silver coins.

Earnings at China's state-owned firms rose 22.4 per cent from November, accelerating from November's increase of 5.7 per cent, but the pick-up was not enough to offset weakness for the year, when combined profits slipped 5.8 per cent compared to 2011, official data showed.

19 Jan 2013 - 5:12am

Prediction of utilities' natural gas needs may have been too high

Prediction of utilities' natural gas needs may have been too high

Environment officials tried yesterday to ease fears of drastic electricity price increases in the next few years, saying the city might not need to double the amount of natural gas used by 2015 as was previously predicted.

9 Jan 2013 - 5:17am

Work starts on Shandong reactor

Construction of a 3 billion yuan (HK$3.69 billion) nuclear power reactor started on the mainland last month, Xinhua reported yesterday, citing the energy company in charge of the project.

7 Jan 2013 - 4:31am

Work resumes on Shidao Bay nuclear plant which will be China's largest

Construction of the coastal Shidao Bay nuclear plant in Rongcheng, a city in the eastern province of Shandong, resumed last month.

Work has resumed on a "fourth generation" nuclear power plant, suspended after the 2011 Fukushima disaster, which will be China's biggest nuclear facility.

6 Jan 2013 - 4:46am

US energy storage firm Xtreme in standby mode in China push

US energy storage firm Xtreme in standby mode in China push

The installation of high-capacity power storage equipment could be part of the solution to relieve the mainland's transmission bottleneck that has hampered the use of wind power, but the energy industry is not ready to absorb the costs involved.

25 Oct 2012 - 4:53am

Power imports from Guangdong would unjustly short-circuit rules on fuel mix

CLP's warning on substantial tariff increases has sparked criticism from several quarters.

Many people want to see Hong Kong's electricity market opened up. They argue that tariffs could fall if competition was brought in from Guangdong.

25 May 2012 - 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

Generous solar subsidies encouraging shady practices

There is a story doing the rounds in the solar power industry which although surely apocryphal still makes green energy enthusiasts' hair stand on end with horror.

Earlier this year - so the story goes - an audit by Spain's national electricity grid revealed that some of the country's solar power plants appeared to be supplying electricity to the grid at night.

20 Sep 2010 - 12:00am

Signs of revival in power surge

Mainland power output surged last month, a sign of economic expansion many observers say is a more reliable indicator of revival than the big increase reported yesterday in gross domestic product.

22 Jan 2010 - 12:00am

The power of electricity to distort the growth picture

Most people who follow these things found the raft of economic data released yesterday by the mainland to be reassuring.

The impression was of an economy successfully pulling itself out of the recent downturn and embarking on a steady, sustainable recovery.

12 Aug 2009 - 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

Mainland firms play Singapore power game

Several mainland power producers, including China Resources Power, Datang International Power Generation and China Power International Development, are considering bids for power generating assets owned by the Singapore government valued at about US$2 billion each, market sources said.

27 Aug 2007 - 12:00am

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