Asian Power Update: Indonesia's 197% energy subsidy; China's $13b nuke upgrade; Japan's 'impossible' nuke removal

Wed 24 Oct 2012

Removing nuclear power “impossible” in Japan Marubeni to put up 81.5MW mega solar project in Japan Oita City, Japan will be the future site of Marubeni's large-scale 81.5MW solar power plant. Indonesia’s energy subsidies out of control Indonesia’s crippling energy subsidies will surge 197% to US$31.8 billion this year from the projected US$10.7 billion. Economic slowdown dampens China’s power use China's power consumption growth slowed by 9.3% in September year-on-year on reduced factory activity and industrial output triggered by the persistent economic downturn. Incentives sought for green buildings in Vietnam European energy efficiency consultants are urging Vietnam to push sustainability programs, including green buildings. Thai govt urged to explain involvement in Cambodia's nuclear plan Activists suspect collusion between the Thai government and Cambodia over alleged plans to build a nuclear power plant on the island of Koh Kong. Chinese expanding overseas energy projects portfolio Chinese energy companies have secured foreign energy projects with a combined value of US$1.4 billion. Solar energy pulls down South Australia's power prices South Australia's pricing regulator is recommending an 8.1% cut to power bills. Japan taps Areva's nuclear safety devices Areva will equip a Pressurized Water Reactor fleet in Japan with 100 of its passive autocatalytic recombiner (PARs) safety devices. India's Tamil Nadu targets 3,000MW solar power by 2015 Tamil Nadu's newly launched Solar Energy Policy 2012 mandates it to generate 3,000MW of solar power by 2015. Indonesia’s PLN to bid for Singapore electricity project PT PLN, Indonesia’s government monopoly that controls power distribution, will bid for a US$145.5 million Singapore power project. ABB to fortify electrical infrastructure in Sarawak ABB plans to strenghten its presence in Sarawak by investing in engineering capabilities and creating more value for local customers. Indonesia’s PLN to bid for Singaporean power projects PLN will bid for a $145.5 million worth of Singaporean power projects through its subsidiary, PLN Batam. Indonesia's geothermal sector attracts UK firm BP Plc is assessing expansion in Indonesia via geothermal energy. Java, Bali to get power from 660MW coal-fired Cirebon plant The first unit of a coal-fired power plant in Cirebon, West Java with 660MW capacity can now help supply electricity to Bali and Java. China National Petroleum Corporation to accept private equity in natural gas project China National Petroleum Corporation has begun building China’s third pipeline that will move natural gas from the country's resource-rich western regions to the energy-deficient eastern regions. Japan to have enough power for winter months Despite the shutting down of all of its nuclear reactors, Japan will not face serious power shortages this winter. First Solar to build power plants in Indonesia First Solar will collaborate with PJB Services on bringing 100 megawatts of solar power projects to Indonesia. China to invest $13B for nuke upgrade China is looking to spend $12.74 billion by 2015 to upgrade the security of its nuclear facilities and radioactive contamination control to international standards.

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EVENTS CALENDAR The 12th China (Shanghai) International Power and Generating Sets Exhibition Date: 08 Apr 2013 Venue: Shanghai New International Expo Center Plant Energy Efficiency Date: 04 Feb 2013 Venue: Hilton on the Park, Melbourne, Australia Power Generation APAC Summit Date: 03 Dec 2012 Venue: The Venetian® Macao Resort Hotel, China 7th Annual China Nuclear Power Congress Date: 22 Nov 2012 Venue: Shanghai, China SAP for Utilities Asia Pacific Conference 2012 Date: 07 Nov 2012 Venue: The Sheraton Towers, Singapore 3rd World Clean Coal Week China Focus Date: 05 Nov 2012 Venue: Beijing, China