22 Jul
Whats the next megatrend of China for 2020?? 3 megatrends are going to emerge by 2020 and all require alot of new electrical capacity and electricity power. Most Chinese dream of owning a refrigerator and by 2020, alot of new refrigerators will be running in China as more and more of the countryside and cities get 24/7 power. Main reason most Chinese do NOT have a refrigerator as of yet is the lack of 24/7 power inside the cities and especially outside in the rural unpopulated areas away from big cities. Next up on the Chinese dream team for power consumption is electric plug in cars which take alot of plug in power and numbers suggest China will be producing over 100,000 per day by end of 2012 which will increase demands on the already overburdened power grid system. If you were given a wish list by most developing countries, air conditioning would be the luxury of choice but in a country of hundreds of milllion without 24/7 power, China wishes they could turn on the air conditioning !
How will China achieve this power is the main question faced by the Chinese government??? The answer may surprise you, its clean green power being built by China with the idea of producing 10% of all power by 2015 and 20% of all power by 2025. Can China actually produce this much power and especially green power??? The China stimulus plan indicates spending over 12 million per hour 24/7 for next five years so yes, CHINA can produce clean green power. APWR is going to benefit and those that invest today for 10 years out are going to prosper beyond comprehension. GE choosing APWR as a partner in wind power for China is first clue to own APWR. China government investing into Shenyang Power Alliance is 2nd clue to own APWR. Third clue is inside Chinese websites that indicate power projects coming in Nigeria, Sierra Leon, and Thailand along with others down the road. APWR is a must own for the 2020 timeframe if one can look into the future and THINK that long time frame.
Leave a reply