Coal Power
Nomura International (HK) Limited (an investment bank), in its 2007 report entitled "Utilities / China", states that fossil-fuelled plants (mainly coal-fired) account for approximately 78% of China's installed capacity and are responsible for about 53% of China's sulphur dioxide emissions. China is the world's largest emitter of sulphur dioxide (emitting 25,000,000 tons of sulphur dioxide in 2005). Sulphur dioxide and other pollutants contribute to the formation of acid rain. The Nomura report also says that acid rain, which affects approximately 33% of China, is estimated to have caused RMB 500 billion of economic losses in 2005. According to a Chinese government news release dated February 12, 2007, sulphur dioxide emissions increased by 463,000 tons in 2006 (a 1.8% increase from 2005). The same report states that each 1% increase in gross domestic product adds 300,000 tons of sulphur dioxide emissions, and that China's gross domestic product is expected to grow approximately 9% in each of the next four years. The same report also notes that the Chinese government's Five-Year Plan targets a 20% reduction in sulphur dioxide emissions by 2010. The Chinese government has mandated that all new and retrofitted coal-fired plants install desulphurization equipment. In response to this need, Hanwei is developing pollution control devises for the coal sector. Its initial product is an FRP spray header for FDG systems. Additional products are also under development.
China continues to add new coal-fired plants to meet its growing demand for electricity, which creates a huge market for FGD system and related products According to State Electricity Regulatory Commission (SERC), China electricity installed generating capacity grows 14.4% to 713 GW by the end of 2007, over 75 percent of which are coal fired. Total coal-fired generator installed capacity increase 14.6% to 554 GW. In 2007, China made a significant progress in the installation of FGD system. Coal-fired generators installed with FGD systems account for 48.7% of total installed capacity, adding up to 270 GW. Newly installed coal-fired generators with unit capacity of 100 MW and over add together 110 GW, which have FGD system in the first place.
