Page 13 - AsiaElec Week 23 2021

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coal-fired power generation despite a strong
push from the UK , which will host their
meeting this weekend, Japan Kyodo reported.
The UK has sounded out to its G-7 peers
-- Canada, France, Germany, Italy, Japan and
the United States plus the European Union
-- about expressing deeper commitment to
abandoning coal-fired power when the leaders
gather in Cornwall, but it has faced opposition
from some members, including Japan, the
sources said.
Japan agrees on the need to enhance efforts
India’s wind market set to decarbonisation and renewable energy goals. to realise decarbonisation and set the path to
exit from coal-fired power generation in the
GWEC
bounce back with nearly future.
But it currently relies heavily on coal for
50% growth over next five SOL AR electricity generation as most of the country’s
nuclear plants have remained halted for safety
years Japan’s ENEOS enters checks following the 2011 Fukushima crisis.
Japan has told the UK of the situation,
A new report, India Wind Energy Market Australian solar market according to the sources.
Outlook 2025, jointly released today by the Prime Minister Yoshihide Suga will attend
Global Wind Energy Council (GWEC) and Japan’s largest refiner ENEOS said that it build a G-7 summit for the first time since he took
MEC Intelligence (MEC+) finds that India, a 204 MW solar power plant in Queensland office last year.
the world’s fourth-largest wind power market, and aims to open it by 2023 as port of long- The leaders are also expected to express
is expected to add nearly 20.2 GW of new term plans to create a green hydrogen supply concern about China in a post-summit
wind power capacity between 2021-2025. This chain in Australia. statement, the sources said, over its
would increase the country’s 39.2 GW wind ENEOS said it and Japan’s Sojitz had heightened military activities in the South
market by nearly 50% and is a clear signal that acquired a 100% stake of Edenvale Solar Park, and East China seas and alleged human right
the market is beginning to bounce back after a which will operate the power plant. This is abuses.
slow-down in recent years. part of its efforts targeting carbon neutrality
Although 2020 was originally forecasted by 2040, S&P Global Platts reported.
to be a break-out year for wind power in Construction of the solar power plant,
India with a large pipeline and multiple policy which will be built at about 300 km west of RETAIL
interventions to ease bottlenecks, the impact Brisbane, started in June and will be ENEOS’
of the COVID-19 pandemic was much more largest. Once completed, 70% of the power China Three Gorges to enter
severe than anticipated. Forecasts expected generated at the plant will be supplied to a
the country to install 3.3 GW of wind power local electricity retailer at a fixed price. in Spain electricity retail
in 2020, but ultimately only 1.1 GW was ENEOS said it intends to gain expertise in
installed, with the remaining capacity either renewable energy development in Australia, market
being pushed into 2021 or dropped by where it strives to establish a supply chain for
developers. CO2-free hydrogen. China’s state-owned energy and infrastructure
However, the report finds that the pace The 204-MW module capacity of the solar giant China Three Gorges is planning a foray
of new installations is likely to double over power plant will be evenly shared between into the Spanish electricity retail market,
the next two to three years compared to the ENEOS and Sojitz given their 50:50 stake in Cinco Dias newspaper reported on Thursday,
average annual installations since 2017 when Edenvale Solar Park Pty. citing unidentified financial sources, Reuters
the market began to slow down. The Queensland state government is reported.
India currently has a pipeline of projects targeting zero emissions by 2050, while the The company seeks to buy an independent
of 10.3 GW in both central and state tenders, state’s climate is suitable for solar power retailer already operating in Spain, the
which are expected to drive installations business due to the abundance of solar newspaper said.
until 2023. The market post-2023 will radiation. China Three Georges entered Spain
likely be driven by nearly 10 GW of new in August 2020 when it announced the
capacity awarded to wind projects, mainly acquisition of 13 Spanish solar plants built by
through hybrid projects which are becoming Madrid-based renewables firm X-Elio.
increasingly important for the country’s COAL The European unit of China Three Gorges
‘round-the-clock’ power initiative. in Luxembourg did not reply to an email
Going forward, greater consensus and G-7 to delay deal on ending seeking immediate comment.
coordination between central and state
governments around wind targets, supply end coal-fired power
chain utilisation, and the definition of a clear
market roadmap are some of the key actions G-7 leaders are making final arrangements to
needed to put India on a pathway to meet its put off an agreement on the timing for ending

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