Power Generation and Nuclear Industry
Industry Overview
In 2007, China’s energy supply and demand both surged ahead at an amazing pace in the shadow of its 11.4% GDP growth. Total energy consumption increased by 7.8% equivalent to 2.65 billion tons of standard coal while the amount of electric power generated grew by 14.1% in 2007, to 326.32 million kWh. Thermal power still accounts for the bulk of the energy generated, 83%, followed by 15% from hydro, 2% from nuclear and less than 1% from wind power.
Market Opportunities
Thermal Power
The construction of power generating facilities is rapidly accelerating. Newly installed capacity reached a record level and electricity grid construction also gained a larger footing. Ongoing reforms aim to separate power plants from power-supply networks, privatize a significant amount of state-owned property, encourage competition, and revamp pricing mechanisms
Nuclear
China is increasingly looking towards nuclear power to establish a balanced mix of energy generating methods. In 2010, China had 12 completed nuclear power generating units accounting for about 2% of the total power output of China. The country plans to complete 32 reactors by 2020 and is projected to account for 4% of the nation’s total generating capacity.
Smart Grid
China is rapidly developing smart grid capabilities, but so far there is little coherence in the market. With the release of the State Grid framework in 2010, there is beginning to be some direction given to the industry. Over the next 10 years smart grid technology and services will be in demand in China.
Best Prospects
While China recognizes the need to import foreign technology, it also wants to localize as much of this technology as possible and China continues to demand full technology transfer and localization whenever possible. As a result, many U.S. power equipment manufacturers and related construction and engineering firms formed joint-ventures in this market. Government policies point favorably in the direction of developing more clean energy. Market potentials for U.S. companies are in advanced power generation systems, control, monitoring and safety equipment, energy-efficient and environmentally friendly equipment, and management support systems for power generation and electric utilities.
Regulatory Environment
Even though China has become an important energy producer and consumer in the world, it still lacks a comprehensive legal framework to guide energy policy. With its rapid economic development, inherent energy conflicts are becoming more apparent there is a dire need for China to create a more complete energy law. China’s goal is to build a sustainable economy and develop clean energy substitutes for coal and oil. In its guidelines the National Development and Reform Commission (NDRC) also recommends forming price and tax incentives to encourage energy conservation. With $200 billion of investment planned for energy efficient building features by 2020 and international cooperation at the top of its agenda, there are many opportunities for U.S. businesses to take part in this clean energy effort.
Reports and Statistics
China Greentech Initiative Reports
This is an open source commercial collaboration of over 80 of the world's leading technology companies, services firms, entrepreneurs, investors, NGOs and policy advisors, united to contribute to a sustainable China and world.
Nuclear Industry in China (October, 2010)
This is a joint publication of the Nicobar Group and the U.S. Commercial Service highlighting the nuclear power generation industry in China.
China State Grid Framework for Smart Grid Standards (October, 2010)
The State Grid Corporation of China has released its roadmap for achieving a standards framework for smart grid technology. This report analyzes China’s planned standards and compares them with other international standards and gives general targets for meeting specific smart grid deadlines.
China State Grid Key Equipment Development Plan (June, 2010; Chinese language)
The State Grid Corporation of China has released a development plan outlining its strategy for developing smart grid equipment over the next 5 to 10 years. The plan has detailed outlines of areas for improving technology and equipment in the smart grid sector.
Major Events and Trade Shows
This section provides a listing of upcoming clean and renewable energy-related events in China, including industry shows and trade missions. While FCS China is directly involved with some of these events, the others listed here have no direct relationship with the FCS and are listed solely as a convenience to our users.
For more information, please contact the organizing group as listed in the event description. Verify the information before making any commitments - we are not responsible for accuracy of information or changes in events' schedules.
International Exhibition on Electric Power Equipment and Technology (EP Shanghai)
Date: September 21-23, 2011
Useful Links
Links to non-Commercial Service organizations are provided solely as a convenience to our users. The Commercial Service makes no representations about the accuracy or suitability of the information provided on the following web sites. The FCS is not responsible for the content of the individual organization webpages found through these links, and their inclusion here should not be understood as an endorsement of these organizations.
Key Industry Contacts
National Development & Reform Commission, NEA
38 Yuetan Nanjie, Beijing 100824
Tel: (86-10) 6850-2876
Fax: (86-10) 6850-1458
Website: http://www.ndrc.gov.cn
State Electricity Regulatory Commission, Department of International Cooperation
86 West Chang’an Boulevard, Beijing 100031
Tel: (86-10) 6659-7322
Fax: (86-10) 6659-7305
Website: http://www.serc.gov.cn
China Electricity Council, Department of International Cooperation
No.1, Lane 2, Baiguang Road, Beijing 100761
Tel: (86-10) 6341-5533
Fax: (86-10) 6354-5305
Website: http://www.cec.org.cn
U.S. Commercial Service Specialists
Beijing Office
Tel: (86-10)8531-3000
Fax: (86-10)8531-3701
Yue Cao
Shanghai Office
Tel: (86-21)6279-7630
Fax: (86-21)6279-7639
Ricardo Pelaez
Juliet Lu
Guangzhou Office
Tel: (86-20)8667-4011
Fax: (86-20)8666-6409
Lena Yang
Chengdu Office
Tel: (86-28)8558-3992
Fax: (86-28)8558-3991
Cui Shiyang
Shenyang Office
Tel: (86-24)2322-1198
Fax: (86-24)2322-2206
Liu Yang
