Can The World's Energy Supply Meet Rising Energy Demand?

 

Press Release from China Decision Makers Consultancy

March 10, 2006

 

"The stakes are enormous," said Conference Producer Winnie Yang, senior project manager at China Decision Makers Consultancy, the conference's organizer. "More developed countries like Japan and the United States continue to use more and more energy, while billions of people in India and China are just beginning to use energy.

Shanghai, China --- China energy officials and international energy executives will meet to discuss how alternative energy sources can help governments and energy companies meet the world's rising demand for energy at the second annual China Power and Alternative Energy conference in Beijing on June 8th.

"The stakes are enormous," said Conference Producer Winnie Yang, senior project manager at China Decision Makers Consultancy, the conference's organizer. "More developed countries like Japan and the United States continue to use more and more energy, while billions of people in India and China are just beginning to use energy.

Some analysts in the industry fear that many countries have overstated their proven reserves of oil, natural gas and coal," Yang continued. "If this is the case, then, in addition to practicing better energy conservation, we should exploit alternative sources of energy, like nuclear, solar and wind power and biomass energy even more quickly than before."

Looking at the growing energy use in just one country - China - can be sobering.

2006 is bound to be an exciting period of development for the renewable energy industry. The perfect storm is brewing in renewable energy with the implementation of the Renewable Energy Law and its pricing and fee-sharing rules for on-grid renewables; the renewed target of 130GW electricity from renewable by 2020, and the increased market acceptance of renewable technologies and services.

In addition, power grids development is drawing more and more attention due to the serious imbalance between power T&D and power generation caused by a number of factors, including improper governmental incentives and underinvestment.

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For more information contact:

Winnie Yang
Senior Project Manager and China Power and Alternative Energy Summit 2006 Producer
China Decision Makers Consultancy
Tel: +86 21 6840 7631
Fax: +86 21 6840 7632
Email: winnieyang@chinadecisionmakers.com
Event website: www.alt-power.com

More about the 2nd Annual China Power and Alternative Energy Summit 2006:

Following the success of 2005's inaugural event which attracted over 300 delegates, the 2nd annual China Power & Alternative Energy Summit 2006 makes a call to all parties interested in these markets to participate. The China Power & Alternative Energy Summit 2006 seeks to address the complexities in China power sector responding to the exciting development of renewable energy against the backdrop of Renewable Energy Law Implementation, the burgeoning development of nuclear power backed by nuclear power technology innovations assorting with nuclear fuel cycle technology advance, imbalance between power grids and power generation caused by improper government incentives and underinvestment. The progressing China power sector reform coupled with all the above-mentioned power development call for an urgent address on the issue of seeking alternative energy sources in China.
Eminent speakers from key energy regulators, leading domestic power companies and international power giants are scheduled to speak, including the senior executives from the Energy Bureau of National Development and Reform Commission, PR China, State Electricity Regulatory Commission, PRC, State Grid Corporation of China, China Southern Power Grid Company, China National Nuclear Corporation, China Guangdong Nuclear Power Corporation and the country's five power generators, namely Huaneng, Huadian, China Power Investment Corp, Guodian, Datang, will also attend.
All this will make the 2nd annual China Power & Alternative Energy Summit 2006 an event that power industry professionals cannot afford to miss. This high-profile event will be an industry gathering of decision makers from various power sectors to gather information, share experiences, network and negotiate deals in one remarkable location.

About the Conference Designers

The China Electricity Council (referred as CEC), established in 1988 with the approval of the State Council, is the most influential national industry organization in China's power sector. At present CEC, administered by the State Electricity Regulatory Council (SERC), has around 1,440 power organizations as its members. The current board members include Mr. Chai Songyue, Chairman of the SERC, Mr. Liu Zhenya, President of the State Grid Corporation of China, Mr. Yuan Maozhen, Chairman of the China Southern Power Grid Corporation, Mr. Zhai Ruoyu, President of the Datang Power, Mr. Wang Binhua, President of the China Power Investment Corporation, Mr. Li Xiaopeng, the President of the Huaneng Group, Mr. He Gong, President of the Huadian Group, and Mr. Qianzhiming, President of the China Guangdong Nuclear Power Group.
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