2023-03-01 11:15:00
CHINA'S HYDROPOWER STATION 16 GW
PLATTS - 28 Feb 2023 - Construction of China's Baihetan hydropower station has been completed, with all 16 generation units ready for operation for a total capacity of 16 GW, project developer China Three Gorges Corporation said in a statement late Feb. 27.
The Baihetan station is the world's second-largest hydropower station by capacity, behind China's Three Gorges hydropower station with 22.5 GW of installed capacity.
Some of the 16 generation units began operating before construction was fully completed and their hydropower output has averaged 62.443 terawatt-hour/year, equivalent to China's annual residential power supply to 75 million people, according to the company statement.
Baihetan can substitute at least 19.68 million mt/year of coal consumption and achieve 52 million mtCO2e/year of emissions reduction, the company added.
The hydropower station is located at the junction of Sichuan and Yunnan provinces in southwest China, which have the nation's most abundant hydropower resources. The two provinces are China's biggest hydropower exporters, transmitting clean electricity to the nation's east and southeast coastal regions where there is greater population density and industrial energy demand.
Despite hydropower shortages that have resulted from droughts in recent years, the Chinese government considers hydropower a cornerstone of its power system's low-carbon transformation.
China's hydropower installed capacity is expected to increase by around 2.9% in 2023, with the China Electricity Council and National Energy Agency setting cumulative capacity targets of 410-420 GW for 2023.
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Earlier:
2023, January, 25, 10:30:00
CHINA'S ENERGY WILL UP
China’s power consumption will increase by around 6% in 2023 (after an estimated 3.6% increase in 2022) and that the country will instal around 250 GW of new capacity during the year.
2023, January, 23, 12:25:00
CHINA'S ENERGY UP
China’s National Energy administration (NEA) has announced that the country’s installed capacity increased by nearly 8% 2022.
2023, January, 18, 12:00:00
CHINA'S OIL THROUGHPUT DOWN
The lower throughput came as China's GDP expanded 3% in 2022, NBS data showed, lower than the government's annual target of about 5.5%.
2023, January, 16, 12:45:00
CHINA OIL, GAS, COAL IMPORTS DOWN
China's natural gas imports also fell, by 9.9% to 109.25 Mt in 2022 (121.26 Mt in 2021). LNG imports dropped by 19% to 64.13 Mt in 2022 (79.3 Mt in 2021). Similarly, China’s coal imports fell 9.2% to 293.2 Mt in 2022 (335 Mt in 2021).
2023, January, 13, 10:50:00
CHINA OIL DEMAND WILL UP TO 16 MBD
That would take consumption to an all-time high of about 16 million barrels a day, the survey showed.
2023, January, 13, 10:45:00
CHINA LPG IMPORTS WILL UP
China's LPG imports over January-November 2022 rose 7% on the year to 24.2 million mt, led by supply from the US, the UAE, Oman, Qatar and Saudi Arabia, customs data showed.
