Articles filed under Energy Policy from Asia
Developers will have to export equipment equivalent to 8% of the cost of building their project in Russia to qualify for state support, according to the Russian industry and trade ministry’s latest proposals.
An investigation is underway to find the root cause of the blaze, which occurred at Phong Dien 1 wind farm in the south-central province of Binh Thuan. The farm is owned by Vietnam Renewable Energy JSC (REVN), which has been forced to halt all other turbines at the project to serve the investigation.
Increasing purchasing fees have translated into a greater burden for consumers, so the ministry will introduce a competitive bidding system as soon as 2020 in an effort to keep costs down.
“Every day, 15-20% of wind power is being curtailed,” said an official of the Wind Independent Power Producers Association (WIPPA). “On some days, power has even been switched off completely by the discoms’ state load distribution centres (SLDCs).”
German electronics giant has agreed to pay the Israeli government a NIS 160 million penalty for bribing senior Israel Electric Corporation (IEC) (TASE: ELEC.B22) executives to rig a tender for turbines more than ten years ago. Siemens will also appoint an external inspector for supervision over their activities in Israel.
Solar and wind power generation are too unstable and costly to provide more than marginal power generation capacity, especially given the need to extend power grids from major cities like Tokyo to more remote areas considered most suitable for wind power, he says.
Like other countries that have promoted the technology with generous state support, Japan is also struggling with the financial and technical consequences of its rapid solar growth. Solar power here is costly for consumers because of high state-mandated prices, and handling the fluctuating output of thousands of mostly small solar producers is tricky for utilities. Necessary improvements in the infrastructure have not kept pace, experts say.
Apart from a passing mention of the Ministry of New and Renewable Energy’s well-publicised target of 1.75 lakh MW (175,000 MW) of renewable energy capacity, the Budget had absolutely nothing for the sector. The target and the commitments were increasingly seen as unrealistic. The industry had been hoping that some measures would have demonstrated that the targets were not just hot air.
Japan has been undergoing a green boom. It's now rapidly turning into a fiasco as the cost proves prohibitive and utilities anticipate putting some nuclear reactors, shuttered since the March 2011 Fukushima disaster, back online. The unfolding green glut in Japan echoes similar experiences in Germany and Spain.
Two years after a new feed-in tariff system for alternative energy went into effect, we discover that the promised power revolution looks more like an evolution
The problem is that the cost-plus tariff system rewards the most corrupt and inefficient proponents. The average is computed on the phony cost claims of such parties and becomes the order of the day. In Wind Power, this factor has come to pervade more so than in other cases. As a result, there is a huge difference between Wind Tariff in Pakistan and almost anywhere. ...The problem is that local professionals are themselves involved in the scam. Who would hire them, if they do not collaborate in the scam? ...What happens is that only the vested interest remains in the tariff award process. Third-party comments (interventions minus stamp paper) remain as a free advice to which nobody is obliged to respond.
China’s green crash is a textbook example of what happens when central planners substitute their economic decrees for the complex supply and demand decisions of a market. Compounding the missteps of China’s green planners was a belief that the West’s love affair with green power was here to stay, despite its higher cost and unreliability. Believing that it could meet the world’s surging demand for solar and wind power, the Chinese state – from the supreme planning agency, the National Development and Reform Commission down to city governments and state-owned banks – gave Chinese manufacturers near-monopoly powers and all-but-free money.
"We have built the minimum necessary facilities, including power transmission lines according to demand, and there are times when connecting (renewable energy sources) is difficult due to capacity issues," an official with Hokkaido Electric said. ...in the absence of grid access rules, utilities often do not reveal how limited their delivery lines actually are or the details of the construction costs for letting providers use their grids.
Japan's commitment to restarting many of its 50 idled reactors appears stronger than ever, a year after a previous government said it would begin to phase out nuclear power completely. Prime Minister Shinzo Abe, who took office in December, says nuclear power remains essential, even with a surge in generation capacity from solar, wind and other renewable sources, and that the world's No. 3 economy cannot afford the mounting costs from importing gas and oil.
The Wind Independent Power Producers Association has filed a petition with the Delhi High Court against the power regulator, the Central Electricity Regulatory Commission' over the Commission's recent ‘scheduling and forecasting' order.
A directive took effect this week ordering wind farms with a capacity of 10 megawatts or more to forecast their generation in 15-minute blocks for the following day. Missing estimates by more than 30 percent will incur penalties. ...The infrastructure can't cope with intermittent wind- and sun-power generation, which has doubled in capacity in five years to almost 20 gigawatts.
The Ministry of New and Renewable Energy wants to make procurement of electricity from renewable sources also through competitive bidding process, just as in the case of conventional power. ...The Indian wind industry is already in trouble. Two major incentives - generation-based incentive and accelerated depreciation - have been withdrawn from the beginning of the year.
Japan introduced subsidies known as feed-in tariffs on July 1 that require utilities to buy power from renewable energy providers at premium prices. As a result, investment in solar, wind and other forms of clean energy may jump to $17.1 billion this year from $8.6 billion in 2011, Bloomberg New Energy Finance estimates.
By far the biggest problem in attracting investors is the uncertainty surrounding the details of the government's energy policy, set to be unveiled sometime this summer. Although the government will force electricity companies to buy power from alternative-energy providers, for how many years and at what price isn't yet known. That lack of detail has muted investor interest.
In interviews, executives at top Chinese and foreign wind companies said many Chinese turbine makers would be squeezed out by the slowdown. One European turbine maker executive, who did not wish to be named, said the Chinese market was facing a "bloodbath".