- GoGo news agency is reporting from Coal Mongolia 2015-
Persentation and open discussion of Conference Part 4 has finished and its conducted under the topic of "Energy and Gas Market - Opportunities for Mongolia".
Conference Part 5 is to start at 2 PM.
Conference Part 4 has finished and the open discussion has started.
Presentation on "Tavan Tolgoi Power Plant Project" has started. Presenter: Tuvshin.B, Director of Tavan Tolgoi Power Plant Project Unit, Chairman of Mega Project Development Institute.
"Project unit for Tavan Tolgoi and Eg river hydropower plant was established for the first time. I will talk about process and priorities of Tavan Tolgoi power plant project"
"The Government has decided to build power plant based on Tavan Tolgoi coal deposit. This power plant has water supply system with capacity of 40 liters / second and with capacity of 450 MW. The Oyutolgoi project will be the main consumer of that power plant." he said.
Tumentsogt.Ts, Executive Director of General Electric LLC started to make presentation on "Potential For Large Scale Power Generation: Background and Issues".
"My presentation might be ambitious and not realistic. Our country has large number of reserves of energy or brown coal. Because of we have renewable energy resources, we need to look at more further actions."he said.
Presentation of Lee Ryn Pin, Senior Researcher of Fenwei Energy Consulting Co., Ltd has started. She is presenting on "Short and Mid Term Plans/Changes in Chinese Energy Sector".
In China, total electricity consumption in 2014 hit 5523.3 Twh with YoY 3.8%.
Medium and Long-term Forecast on Supply & Demand of China Natural Gas:
Opportunity for Mongolia Coal in Northeast China:
Mongolian Lignite has little market in Northeast China but for Heilongjiang:
Mongolian coal-to-gas has large market in Northeast China:
However, as we estimated, gas-fueled electricity is no competitiveness if gas price above 3 RMB yuan/m3 compared with coal-fueled electricity.
S.Javkhlanbaatar, General Director of Invest Mongolia Agency, made presentation on "Business Environment and Foreign Investment in Mongolia".
"Asain Development Bank is to finance basic research of super cycle initiative. It has initiated by sector experts who consider Asian countries have much opportunity to export energy.
According to the study conducted by the World Bank, Mongolia ranked at 72 out of 189 countries by its favorable environment for investment. " he said.
"GoGo News Agency" is working as media sponsor to “Coal Mongolia: 2015”.
Today is the second day of “Coal Mongolia: 2015" and it started with presentation by D.Zorigt, the Ministry of Energy on New Resources of Energy - Export Opportunities.
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