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    Addressing Energy-Efficiency with Virtual Power Plants

    Liang, Jeffrey; Wong, Siew Fing; Yang, Hongliang | September 2009
    Abstract
    Halfway 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.
    Citation
    Liang, Jeffrey; Wong, Siew Fing; Yang, Hongliang. 2009. Addressing Energy-Efficiency with Virtual Power Plants. © Asian Development Bank. http://hdl.handle.net/11540/2780. License: CC BY 3.0 IGO.
    Keywords
    Commercial Energy
    Energy Economics
    Energy Technology
    Household Energy Consumption
    Industrial Energy Consumption
    Primary Energy
    Results-Based Monitoring And Evaluation
    Project Evaluation & Review Technique
    Evaluation Techniques
    Evaluation Methods
    Evaluation Criteria
    Domestic Energy
    Energy Demand
    Energy Prices
    Energy Pricing Policy
    Energy Supply
    Primary Energy Supply
    Development Indicators
    Social Participation
    Low Income Groups
    Income Generation
    Newly Industrializing Countries
    Input output analysis
    Cost benefit analysis
    Needs assessment
    Economic evaluation
    Energy Industries
    Electric power
    Energy development
    Power supply
    Electric power consumption
    Price
    Consumer
    Consumption
    Supply and demand
    Electric power plant
    Power
    Energy consumption
    Risk assessment
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    Citable URI
    http://hdl.handle.net/11540/2780
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    Author
    Liang, Jeffrey
    Wong, Siew Fing
    Yang, Hongliang
    Theme
    Energy
    Evaluation
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise