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The First Pilot Project Funded by Asian Development Bank Achieved Good Results

Date: 2012-12-28
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It is known that a truly "Efficiency Power Plant" does not exist and it is only a metaphor. As a matter of fact, power is saved by encouraging users to save energy and apply new technologies. Such saved power is "Converted" to the generating capacity of power plants, which is equivalent to the effect of "Building a Virtual Power Plant".
     
As an economy-prosperous province with large energy consumption in China, Guangdong is short of energy. It strongly depends on energy from other regions. The efficiency power plant project funded by Asian Development Bank ("ADB") in Guangdong is the first project between the Chinese government and ADB regarding energy conservation and emission reduction. At the beginning of the "11th Five-year Plan", both parties has initiated their trial on how to execute the first efficiency power plant project in China to promote the nationwide energy conservation and emission reduction. In March 2006, relevant Chinese government authorities and ADB agreed to select Guangdong as a pilot province of such efficiency power plant project. They expected to find out a financing and management mode in Guangdong that can be duplicated in other provinces and regions, so promoting the nationwide energy conservation and emission reduction.
     
Over three years of initial study on this project resulted in an innovative financing mode and a quite feasible management framework. Since its formal execution in 2009, such project has supported 25 sub-projects of 19 enterprises, including new energy project (e.g., solar power and photovoltaic power generation) and multiple renovation projects with respect to lighting, power grid, transformer and building system. Those that have been completed and evaluated can achieve the annual power saving of 830,000,000 kWh, which is the annual generating capacity of a unit with 166,000 KW installed capacity, equivalent to 280,000 t standard coal saved per year. Accordingly, the annual reduction in emissions of CO2, SO2, NOx and total suspended particulates (TSP) will be 648,000 t, 7,471 t, 1,660 t and 2,781 t respectively, achieving expected effects on energy conservation and emission reduction and social benefits.
      
After such project in Guangdong, ADB has approved efficiency power plant projects in Shandong and Hebei successively. The experience in the successful project in Guangdong has been duplicated and its positive demonstration effect has been given full play to.
       
The intelligent HV variable frequency speed control system developed by Guangzhou Zhiguang Electric Co., Ltd. has nationwide applications in fields of thermal power plant, metallurgy, petrochemical engineering, building material and municipal water supply, achieving excellent effects on energy conservation.
     
As represented by RuiDongyang, president of Guangzhou Zhiguang Electric Co., Ltd., about four-fifths of non-renewable energy is wasted in power generation, transmission, distribution and consumption. Zhiguang Electric's solution can improve the energy efficiency in some steps of energy conversion, so reducing the energy loss to a certain extent.

The First Pilot Project Funded by Asian Development Bank Achieved Good Results

        

The First Pilot Project Funded by Asian Development Bank Achieved Good Results

   

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