China's Power Industry at Crossroad
– 2006 is a significant year for China's power industry. As power
sector reform progressing, China is now facing the unprecedented
challenges. Market dynamics is more complex than ever, liberalization
is accelerating, competition is getting severe, and the industry
is now at crossroad. How to secure & stabilize the progress
achieved? How to alleviate conflictions and adverse effects encountered?
How to implement the effective action plan at right time, right
place through right approach?
The pleasant news is abundant power supply. The power shortage
crisis has eventually come to the end which provides solid foundation
for adjusting strategy and development direction. Power industry
restructuring and integration will be one of the emphases of the
government which presents both threats and opportunities to industry
players. It poses challenging technical and operational difficulties
but also provides broad space for international cooperation.
Nuclear power has shown delightful progress. The selection of 3rd
generation reactor projects have come to the closure, which is a
milestone toward China's long term goal, to be self-sufficient in
reactor design and construction. Meanwhile, more efficient, economical,
safe and sustainable fuel cycle & related techniques will be
the China's unswerving focus.
There are 3 renewable energy related policies and guidelines released
in 2006, fully demonstrate Chinese government's recognition and
determination to promote renewable energy. Renewable energy has
prosperous future and develops fairly fasts. However, more efforts
should be devoted to clear the obstacles. Although enrich resource
and prevalent technology commercialization provide huge potential
for developing wind power, absence of effective pricing mechanism
discouraged investor's interest. Apparently, bottleneck of solar
power industry is polysilicon supply. What are China's strategies
to mitigate and overcome it? As the biggest agriculture country,
developing Biomass & Biofuel have enormous social and economical
benefits in China. There are great room for international cooperation
on the related project management and financing.
For the 3rd year, the focus of China Power & Alternative Energy
Summit 2007 is to seize the pulse of China's power sector reform,
in-depth examine nuclear and renewable energy industries, present
associated solutions and forecast future trend. It is a genius platform
and opportunities for the leading decision-makers around the world
and top level government officials involved in the energy industry.
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