Page 18 - AfrElec Week 19 2022

AfrElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AfrElec

NewsBase’s Power Roundup

Global [NRG Power]

POWER WELCOME to NewsBase’s Power Roundup 2030 and up to 15 GW by 2045, according to
Global (NRG Power), in which the reader is a draft report by the California Energy Com-
invited to join our team of international editors, mission (CEC). In September, an offshore wind
who provide a snapshot of some of the key issues act –AB 525 –was signed into law that required
affecting their regional beats. We hope you will like the CEC to study the matter. The CEC report
NRG Power’s new concise format, but by clicking also said there is a potential for 20 GW by 2050,
on the headline link for each section the full text if there are sufficient technical improvements.
will be available.
ENERGO: Georgian government approves
AsiaElec: China moves to invest in long-term $200mn energy project
coal development New green-energy based projects, namely solar,
Beijing has announced plans to invest a total wind and hydropower, with a total investment
of $15.12bn in the nation’s coal-mining infra- volume of $200mn will be implemented in
structure in its latest move to guarantee a long- Georgia to support the development of renew-
term domestic electricity supply. Announced able energy and ensure the country’s energy
by the nation’s Central Bank in Beijing, the independence, according to the government of
CNY100bn to be pumped into domestic coal Georgia. The government has approved “sever-
mining will be offered in the form of credit al important projects in the field of renewable
lines to help increase development of existing energy production” at a meeting on 10 May,
mining infrastructure in addition to shoring up aiming to generate 150 MW in installed capaci-
energy storage facilities. ty, of which 110 MW will be generated by wind
infrastructure, 20 MW by solar, and the rest by
REM: California sets goal for offshore floating hydropower.
wind of 3 GW by 2030 and up to 15 GW by
2045
California officials have set a 3-GW goal for

P18 www. NEWSBASE .com Week 19 12•May•2022