Yangtze Power has awarded GE Vernova a contract for improving the 6.4 GW Xiangjiaba hydropower plant in China. Three sets of main shaft air supply pipes will be designed, manufactured, delivered, installed, and commissioned by GE Vernova. It’s anticipated that the improvements will be finished in the first half of 2024. The project is anticipated to boost the sealing effect, retaining the hydropower plant’s performance.
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The Canadian government has unveiled a set of clean electricity regulations (CER) to accelerate the switch to renewable energy and help achieve the country’s goal of reaching net-zero by the year 2035 by reducing emissions. The country is already producing 84 per cent of its electricity by utilising renewable sources such as wind, hydropower, and nuclear power.
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Governments in South Asia have been committing more towards renewable energy in their national policy targets, but further efforts are required to develop the enabling policies, institutions and market to attract more investments. Covid-19 stimulus packages for the energy sector should not only be centred around clean energy but also be accompanied by market mechanisms that would incentivise investors and unpack the technological potential of integrating more renewable energy into the grid.
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rPlus Hydro, a subsidiary of the US-based renewable energy firm rPlus Energies, has submitted a draft licence application for the Seminoe Pumped Storage project in Wyoming. The application was submitted to state and federal agencies as part of the proposed pumped hydro energy storage project’s multi-year study and approval process, which will have a capacity of up to 900 MW.
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Green Investment Group (GIG), a Macquarie-owned company, and Hydro Rein have agreed to form a joint venture to build and operate a 586 MW wind and solar power plant in Brazil’s northeast. The wind and solar hybrid project, named Feijo, will be developed in the Brazilian states of Piaui and Pernambuco. Feijo will be equipped with 80 wind turbines by Nordex, a wind turbine manufacturer.
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We have recently revised up our hydro-electric pumped storage generation and capacity forecasts for Mainland China, following positive developments in the sector. Mainland China is the top-performing market in Asia for pumped storage, with a total of 36.4GW of capacity as of end-2021. Over the coming years, we expect Mainland China’s hydro-electric pumped storage capacity to expand rapidly. In September 2021, the National Energy Administration (NEA) announced that it aims for hydro-electric pumped storage capacity to reach 62.0GW in 2025 and 120.0GW in 2030.
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Hydropower in the United States is used extensively for power system flexibility and resilience. In many parts of the country, hydropower provides more frequency regulation and reserves than its share of installed capacity. In nearly every balancing area assessed, hydropower was more extensively utilized for hourly ramping flexibility than any other resource.
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SIMEC Atlantis Energy Ltd (SAE) has installed its demo tidal turbine and generation equipment in Japanese waters near the Goto Island chain. The pilot turbine has generated 10 MWh in its first 10 days of operation. Supply and installation of the turbine were provided under a contract to a Japanese company Kyuden Mirai Energy (KME).
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