Page 12 - AsiaElec Week 13

AsiaElec
NEWS IN BRIEF
AsiaElec
That was India’s fastest pace of decline in consumption since October, when power use fell at its steepest in over 12 years due to a broad economic slowdown.
Power supplied was over 2% lower in
the first three weeks of the month ending March 21. In the ten days that followed, electricity use fell by about a fifth, an analysis of POSOCO data showed. Consumption of electricity in the last ten days of March in major industrial states such as Maharashtra and Tamil Nadu fell over a fifth, while power use in the western state of Gujarat fell over 30% compared with the average use in the first three weeks, the data showed.
Electricity demand from industries account for over two-fifths of India’s annual electricity consumption, according to government
data, with residences accounting for nearly a quarter and commercial establishments for less than a tenth.
The northern states of Punjab and Haryana, both of which are major agricultural states, saw the highest rates of declines during March, falling over 20% each.
South Korea’s electricity
surplus reaches high in
March
South Korea’s electricity surplus reached a monthly record high in March as business and industrial activity was disrupted by coronavirus spread.
According to the Korea Power Exchange, the electricity supply reserve rate reached 23.9% at 11:00 am on March 10 when the peak power demand hit the highest at
73,329MW, the highest record for March. Facility reserve rate relative to the entire
power generation capacity of 125,881MW also climbed to the highest level of 71.7% since the data compiling began.
The warmer-than-average temperature and sharp cut in industrial electricity usage amid the coronavirus outbreak bolstered the reserve, experts suggested.
According to the data from state-run utility firm Korea Electric Power Corp. (KEPCO), electricity sales in January declined 4.8% from a year ago to 46.33mnMWh.
Sales of industrial power fell 5.9% to 24.16mnMWh, the steepest fall since January 2009 when the country had reeled from the global financial crisis.
feeding the grid with clean & versatile distributed sources of energy via conventional Power Electronic Inverters is currently unfeasible, as it jeopardises grid stability, preventing the mass penetration of modern and clean energy sources.
This challenge is intensifying with the introduction of rigorous regulations by concerned grid operators, such as California Rule 21, imposed on distributed energy resources, demanding compliance with advanced inverter functions and capabilities.
In order to overcome this challenge, Synvertec has developed the Synchronverter, a software technology solution that works with inverters across various distributed energy applications, including Renewable Energy (PV, Wind, Tidal), Electric Storage and Electric Vehicle, safely allowing integration
to the electric grid without additional grid enhancement.
“We are now at a stage where the question is not whether a solution such as ours is going to be needed, but rather how to successfully implement it and manage it properly,” said Ronny Izhak, CEO of Synvertec.
“Energy producers have accepted the reality that they must update their respective grids in order to properly accommodate
the flow of energy from alternative sources and that they have a responsibility to their customers and stakeholders to do so.”
In addition to CLP-OSEG, Synvertec has also raised money from the Karat VC fund of Israel Electric Corp, the Horizon Fund by GE, and the European Horizon 2020 Fund. SYNVERTEC
COAL
Two more border
checkpoints resume coal
exports in Mongolia
Coal exports through Mongolia’s Shiveekhuren border dry port and the Khangi border checkpoint resumed on March 30 and March 31, respectively, according to state-run Mongolian media.
Earlier, Mongolia resumed coal shipments to China via the Gashuunsukhait border checkpoint on March 23 after a two-month- long suspension on all coal exports aimed
at combatting the spread of the coronavirus (COVID-19) pandemic. Mongolia’s coal exports in January-February plummeted by 45% to 2.8mn tonnes as a result of
the suspension of the country’s coal and petroleum exports to China, which imports
R&D
China Light & Power invest $1.5mn in Synvertec
Synvertec, an Israeli developer of state-of-the- art software that supports the transition to renewable & distributed energy generation, announced today that it has raised $1.5M from China Light & Power - OSEG (CLP- OSEG) Energy Innovation.
The investment will help support Synvertec’s Asia expansion as well as allow it to build out its R&D capabilities.
Today’s grid control & management
are based on the electrical behaviour of synchronous generators, with ‘Power Electronics’ likely taking over the control and conversion of electricity flowing to the grid in the very near future. However, massively
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Week 13 01•April•2020