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Addressing Energy-Efficiency with Virtual Power Plants

dc.contributor.authorJeffrey Liang
dc.contributor.authorSiew Fing Wong
dc.contributor.authorHongliang Yang
dc.description.abstractHalfway through the implementation of the People’s Republic of China’s 11th Five-Year Plan (2006-2010), the government of Guangdong and other provinces such as Hebei, Jiangsu, and Shandong are building virtual “efficiency power plants” (EPPs). This is to deliver energy-efficiency targets and at the same time satisfy growing energy demand and promote stable economic growth. EPP is a concept that allows aggregated savings in energy on a par with the productivity of a physical power plant. An EPP is a bundle of investments in energy-savings technologies such that the magnitude of the energy saved obviates the need to install new power generation of equivalent capacity. It is virtual because it does not exist physically. It exists instead in the guise of the energy saved. Unlike conventional coal-fired power plants, an EPP burns no fuel, emits no pollution, involves no land acquisition, and costs much less.
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleAddressing Energy-Efficiency with Virtual Power Plants
dc.subject.expertCommercial Energy
dc.subject.expertEnergy Economics
dc.subject.expertEnergy Technology
dc.subject.expertHousehold Energy Consumption
dc.subject.expertIndustrial Energy Consumption
dc.subject.expertPrimary Energy
dc.subject.expertResults-Based Monitoring And Evaluation
dc.subject.expertProject Evaluation & Review Technique
dc.subject.expertEvaluation Techniques
dc.subject.expertEvaluation Methods
dc.subject.expertEvaluation Criteria
dc.subject.adbDomestic Energy
dc.subject.adbEnergy Demand
dc.subject.adbEnergy Prices
dc.subject.adbEnergy Pricing Policy
dc.subject.adbEnergy Supply
dc.subject.adbPrimary Energy Supply
dc.subject.adbDevelopment Indicators
dc.subject.adbSocial Participation
dc.subject.adbLow Income Groups
dc.subject.adbIncome Generation
dc.subject.adbNewly Industrializing Countries
dc.subject.adbInput output analysis
dc.subject.adbCost benefit analysis
dc.subject.adbNeeds assessment
dc.subject.adbEconomic evaluation
dc.subject.adbEnergy Industries
dc.subject.naturalElectric power
dc.subject.naturalEnergy development
dc.subject.naturalPower supply
dc.subject.naturalElectric power consumption
dc.subject.naturalSupply and demand
dc.subject.naturalElectric power plant
dc.subject.naturalEnergy consumption
dc.subject.naturalRisk assessment
dc.title.seriesKnowledge Showcases
dc.contributor.imprintAsian Development Bank
oar.adminregionEast Asia Region
oar.countryPeople’s Republic of China
oar.authorLiang, Jeffrey
oar.authorWong, Siew Fing
oar.authorYang, Hongliang

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  • ADB Knowledge Showcases
    The Asian Development Bank’s (ADB) Knowledge Showcases series highlights innovative ideas, creative solutions, or good practices resulting from the projects, technical assistance, and other initiatives of ADB. It aims to draw readers to delve deeper into the back story of the project, promote further discussion and research, and ultimately encourage replication and expansion where applicable.

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