Russia’s ‘$10bn China Power Deal’ – BBC

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From BBC News:

Chinese and Russian firms are planning to spend $10bn (£5.4bn) on building power plants in north east China, Beijing media says.

The China Daily said that the sites would be fuelled by coal from Siberia.

China’s State Grid Corp and Russia’s Unified Energy systems are behind the project, the report said.

The plant is predicted to generate 60 billion kilowatt hours annually. [Full Text]

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– Also China May Import 60 Billion Kwh of Russian Electricity By 2020 by FreeRepublic.com:

China is ready to increase imports of electricity from Russia to 60 billion kWh by 2020, Nikolai Voropai, director of the Melentiev Energy System Institute, said.

At the request of Unified Energy System of Russia the institute and a number of other scientific institutions carried out an evaluation of the possibilities in Siberia and the Far East to export electricity to China, he said at an energy roundtable as part of the IV Baikal Economic Forum.

In 2008 China may increase consumption of Russian electricity to 10 billion kWh, by 2010 – to 20 billion-22 billion kWh, and by 2012 – to 30 billion kWh per year.

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