Asia Power Update 1/30

World's first 3rd generation nuclear plant nears completion China starts building first nuke plant after Fukushima disaster Construction has started for a nuclear power plant in the eastern coastal city of Rongcheng. Japan's nuclear reactors to go online this summer Government agency claims Japan can save up to US$20 billion by restarting half its nuclear reactors. China's wind power blows away $1.6-B in 2012 China's wind power sector gave way to thermal and nuclear due to government curtailment. China and Russia to build floating nuclear power plants Says these ship-borne plants are cheaper and easier to build. China to limit annual electricity growth to 8% Will also reduce the building of new coal-fired power plants. China to consume more power in 2013 Government expects power use to increase by 9% despite high coal prices. Australia and India to cooperate in nuclear power Australia is set to start civil nuclear cooperation talks with India. No Chinese tariffs on polysilicon imports Final decision on tariffs to be made on February 20. Wind is third largest energy source in China It now supplies 2% of China’s total energy needs. Indian power plant to convert from diesel to gas-fired Karnataka Power will convert a 128 MW diesel generating power plant to gas-fired station. Philippine utility to build four hydro plants Sunwest Water and Electric Company Inc takes out US$98 million loan to finance project. A fusion reactor for South Korea Partner will be the US Department of Energy. Tougher safety rules for Japan's nuclear reactors New safety measures to be finalized by July. Philippines to host state-of-the-art power plant A state-of-the-art power project was launched in the central Philippine province of Iloilo. Japan may shut nuke plant due to active fault Japan's Kashiwazaki Kariwa nuclear power plant may be closed due to an active fault. Philippine food firm moves into power generation Universal Robina Corporation to produce renewable power. More coal for China's power stations China's coal and electricity producers to use 56% more coal in 2013. Germany's Juwi builds flood-proof solar plants in Thailand Germany's Juwi is constructing five free-field solar solar plants with flood protection systems in Thailand. Vietnam's thermoplant projects get VND2.5-T financing A VND2.5 trillion loan has been approved for Vietnam's Vinh Tan 2 and Duyen Hai 1 thermopower projects. Taiwan's Formosa to build 2 Philippine power plants Taiwan's Formosa will construct 600MW capacity expansion of San Miguel Corporation. Alstom China to provide generators to Vietnamese hydropower station Alstom China will provide generators to a Dong Nai 5 hydropower station in southern Vietnam. Vietnam partners with Japan to build nuclear plants Japan to provide Vietnam with US$500 million to finance the projects. LNG providing more power for Japan Imports of liquefied natural gas soar to a record 87 million tons in 2012. Construction continues at Taishan nuclear plant Major facilities including a reactor vessel are installed. GE ventures in biomass power in Indonesia General Electric is gearing up its business in Indonesia's power sector. Philippine power projects almost complete Expansion of electricity grid in the Visayas region to finish this first quarter. CLP diversifying power mix Also plans to use generate more renewable energy.

BUSINESS SCENE PHOTO GALLERY OWL Group's Philippine office January 24, 2013 | Richmonde Hotel, San Miguel Avenue, Ortigas

COMMENTARY ›› POWER UTILITY Consumer vs utility: Who is better off to store energy? BY RASIKA GOKHALE ATHAWALE 403 views ENVIRONMENT Check out how our global energy system has evolved (Part 1) BY ADRIAAN KAMP 196 views PROJECT The dangers of mishandled flow-accelerated corrosion BY BRAD BUECKER 187 views POWER UTILITY What you must know about electricity liberalization in Japan BY PHILLIP VAUGHAN 70 views POWER UTILITY India's offshore powerhouse revealed BY FOERD AMES 48 views PROJECT Chinese encapsulant suppliers put incumbents under pressure BY EDWARD CAHILL 31 views

EVENTS CALENDAR The Smart Grids Asia Summit 2013 Date: 25 Jun 2013 Venue: Singapore The 12th China (Shanghai) International Power Generating Sets Exhibition Date: 08 Apr 2013 Venue: Shanghai New International Expo Center 3rd China International Smart Grid Technology and Equipment Exhibition Date: 08 Apr 2013 Venue: Shanghai New International Expo Center 7th China (Shanghai) International Wind Energy Exhibition & Conference Date: 08 Apr 2013 Venue: Shanghai New International Expo Center 13th China International Electric Power & Electric Engineering Technology Exhibition Date: 08 Apr 2013 Venue: Shanghai New International Expo Center ASEAN Elenex 2013 Date: 20 Mar 2013 Venue: Kuala Lumpur, Malaysia Argus Australia Power Generation Fuels 2013 Date: 27 Feb 2013 Venue: Establishment Hotel, Australia Philippines Power & Electricity Conference Date: 26 Feb 2013 Venue: InterContinental Manila Plant Energy Efficiency Date: 04 Feb 2013 Venue: Hilton on the Park, Melbourne, Australia