b) Clean emissions (zero secondary pollution).
c) High automation
TiaHu Biomass Energy Project's Potential Profitability
Government Policy Supports The Central Chinese Government, provincial and local municipal governments have enacted new legislation and brought in new regulations for both the effective disposal of agricultural and forestry waste and the efficient use of renewable energy resources, such as crop straw and bush. Under the recently introduced legislation and regulations, State owned electricity grids now must purchase all electricity produced by renewable energy projects. The purchase price is also 0.25 RMB/yuan higher than the normal electricity sale price for coal-fired power plants. This new legislation and the new regulations have therefore made it both possible and profitable for private investment in the biomass waste to energy projects.
In general, a build, own and operate (BOO) model will be implemented for biomass waste to energy projects. The municipal government will allow China Holdings/China Power to build, own and operate the facility for over 30 years, with additional renewable terms/years.
Below are details of the characteristics of the China Holdings/China
Power's TaiHu biomass waste to energy plant/project:
1. Size: 1240 tons-per-day
2. Annual waste disposed: 409,200 tons
3. Construction period: 24 months
4. Operating period: 30 years
5. Power Capacity: 50 MW
6. Annual electricity produced: 411,050,000 kW-hrs
7. Annual electricity sold: 361,680,000 kW-hrs
8. Total Project Investment: 610,790,000 RMB
9. Electricity sell Price: 0.61 RMB/kW-hr
10. Fuel Delivery Price: 150-300 RMB per ton
China Holdings/China Power, Inc., with its technical expertise, its
business experience and connections in China, is w
|SOURCE China Holdings, Inc.|
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