Friday, April 18, 2008

Huadian earmarks 33.5b yuan for 84pc increase in capacity

South China Morning Post
March 27, 2008 Thursday
Huadian earmarks 33.5b yuan for 84pc increase in capacity
BYLINE: Eric Ng
SECTION: BUSINESS; Pg. 2

This article reports that Huadian Power International, the largest power generating agency in Shandong province aims to increase energy production by nearly 84% over the next 3 years. This increase is to be generated by an increase in power plants. The expansion is estimated to cost 33.5 billion yuan.
This company wants to produce enough power plants to generate an additional 28 gigawatts by the year 2010. The ramifications are tremendous. While the company is awaiting approval on hydroplants and windmills to aid in the expansion, those projects will only produce 2.12 GW in total. Such a power production fueled by coal promises to add to the obscene amount of air pollution already in place.

1 Comments:

Blogger Josh said...

Interesting article, because it seems as though china is reluctant to build more Nuclear power station. The construction of nuclear power plants could alleviate cost of coal and pollution. Given the size and demand China has for energy commodities this not only benefit China but also global prices.

12:15 PM  

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