Page 9 - AsiaElec week 23

AsiaElec RENEWABLES AsiaElec
from the current 14.3% to 20% by 2030, and to over 50% by 2050.
“ is project will help accelerate the on-going clean energy transition in China and contribute to the country’s emission reduction targets,” said Martin Raiser, World Bank country director for China.
To aid these goals, the World Bank is also providing technical assistance for policy and regulatory reforms, shaping appropriate tech- nology and safety standards, and developing institutional capabilities. ese will be nanced by the Global Environmental Facility (GEF) and the Energy Sector Management Assistance
Programme (ESMAP).
“Parallel technical assistance will help
improve the policy and regulatory framework for green energy technologies, thereby reduc- ing risks and encouraging private investment,” added Raiser.
e loan to China expands the World Bank’s Energy Storage Partnership (ESP), which aims to foster international co-operation on battery storage solutions.
e ESP will be a platform to share lessons and experiences from China’s deployment of batteries in power systems with other developed and developing country stakeholders.™
RENEWABLES
Japan to partially end feed-
in tariff system in bid to cut
prices
Japan’s industry ministry plans to cut back end the country’s feed-in tari programme in a bid to reduce the costs carried by consumers.
e ministry plans to revise legislation
and adopt a competitive bidding system for electricity generated by businesses using large- scale facilities
Under the FIT system, which was introduced in 2012, power suppliers pass on their costs for purchasing electricity from renewable energy sources via electricity bills.
e additional burden on households and businesses is expected to reach 2.4 trillion yen in scal 2019.
In scal 2019, FiTs are expected to amount to 3.6 trillion yen ($33.2 billion), with about 2.4 trillion yen being passed on to households and businesses.
e government wants renewable energy to become a major component of Japan’s
NEWS IN BRIEF
power mix, and it is trying to cut consumers costs in a bid to increase renewables usage.
e revisions are based on a system in Germany, which is ahead of other nations in promoting renewable energy use.
e ministry hopes to start in-depth discussions on the FIT system overhaul at a meeting of experts within this month, the source said.
GRID
ABB wins transmission order from China’s SGCC
ABB has won a large order to supply converter transformers and high-voltage equipment for an 800 kV, ultrahigh-voltage direct current (UHVDC) transmission link, owned by the State Grid Corporation of China (SGCC), in China’s Shaanxi and Hubei provinces.
e 1,100-km-long transmission link will transport up to 8,000 MW of electricity. e orders were booked in the rst and second quarters of 2019.
“ ese UHV super-grids will enable the reliable integration of ever more power
sources from remote areas into the power grids of urban centers,” said Claudio Facchin, President of ABB’s Power Grids business.
Converter transformers receive electricity from nearby power stations and increase their voltage to extremely high levels, in order to transport it over long distances and with minimal losses.
BB was a key technology provider to SGCC’s rst ultra-high-voltage direct
current transmission link. e 6,400 MW, 2,000-kilometer-long Xiangjiaba-Shanghai link, provides hydroelectric power from South West China to the bustling city of Shanghai. Since then ABB, has been constantly pushing the boundaries of long-distance transmission technology, partnering with SGCC in several key projects, thus contributing to energy security, as well as economic support and social development in China.
At 8,000 MW transmission, the Shanbei- Wuhan link will be among the world’s most powerful and is an important step for SGCC in developing global UHVDC systems standards. ey will interconnect the electrical grids of regions, countries and continents
to e ciently transport clean power in large volumes over long distances.
Week 23 13•June•2019
w w w . N E W S B A S E . c o m
P9