Wärtsilä Corporate Presentation
Chinese Power Industry in General
GERA
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China power generation is dominated by coal generation (78%). Hydro (16%),
nuclear (2%). The gas generation is still at low level.
The Government controls also the grid company which has been split into 2
Companies: China State Grid and China South Grid
■ There is a monopoly in power generation and transmission
Electricity price is linked to the coal price
■ Gas generation is less than 3% of the total, due to the scarcity of gas. Although
situation is gradually improving.
■ In 2020 gas generation will grow to 7%
■ Wind power has been developed at brisk pace with total installed capacity of 45
GW in 2010
■ However 40% of the wind power is not connected to the grid due to the shortage
of transmission capacity
China has embraced the smart grid concept (mainly HVDC)
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