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March 13, 2013

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Shanghai's supply of power abundant

SHANGHAI expects power supply capacity to reach nearly 30 million kilowatts this year that should be more than enough to meet a peak power load of 27.5 million kilowatts, Vice Mayor Ai Baojun said.

New hydroelectric power from dams on the Jinsha River in southwest China will provide the bulk of new capacity coming on stream to power the city this year, Ai revealed at the annual energy working conference yesterday.

Also the supply of natural gas will exceed 7 billion cubic meters which is sufficient because no new gas-fired power plants are set to start operations this year.

"It's something that has never happened to Shanghai before, for both electricity and natural gas to enjoy a small surplus," Ai said.

"But this is not to say we can sleep secure," the vice mayor cautioned because in the long term, the balance in Shanghai's energy supply and demand is still fragile.

He also said the city may require gas-fired generation units to run during periods of low demand to absorb excess volume at gas storage tanks at the Yangshan Deep-water Port, which receives liquefied natural gas from Malaysia.

Shanghai managed to secure 17 billion yuan (US$2.73 billion) of investment from the State Grid Corp of China this year even as the grid operator has slashed total infrastructure spending budget by 25 percent in 2013, Ai said, without giving comparative figures.




 

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