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Author: Source: the Internet Published time: April 28, 2013
With the path of smart grid development preliminarily determined, standardization is already underway. At a smart grid dialog between China and America, the National Energy Administration clearly answered, for the first time, such questions as the definition of a smart grid in China, its characteristics, and priorities in its current development.
With the path of smart grid development preliminarily determined, standardization is already underway and is currently at the initial stage. The smart grid standardization helps to accelerate not only the industry but also smart primary equipment and secondary equipment informatization, thus benefiting relevant companies.
Shidaowan Nuclear Power Station is expected to be first approved. According to industry insiders, though the resumption of nuclear power development has been delayed, the probability of the resumption is high. The first project to be approved is likely Shidaowan Nuclear Power Station in Shandong, which adopts the fourth-generation nuclear safety technology. This signals the beginning of nuclear power development resumption in China, which can help nuclear power stocks to recover their previous losses.
Recently, a bill on renewable energy power has been passed in Italy, whereby a 500 million-euro annual subsidy budget has been set and 200 million euro of it is earmarked for solar power generation. This is apparently lower than the 700 million euro previously expected. The downward adjustment of subsidies is inevitable whether in Germany or Italy, while there is no indication of recovery whatsoever in the industry.
Smart grids will receive 100 million kW of wind power at the end of the 12th Five-Year Plan period. In 2010, State Grid stated that grids in China will absorb 100 million kW at most in 2020. One year later, however, this objective was reached earlier by five years. State Grid recently remarked that smart grids in China will absorb 100 million kW at the end of the 12th Five-Year Plan period. This indicates that wind power operators will benefit the most from this acceleration of wind power connection with the grid.
