China Yangtze Power Co Ltd. · Beijing China ·(Shanghai: 600900)
Company Description
Phone: +86-10-5868-8999
Fax: +86-10-5868-8888
View China Yangtze Power Co Ltd. Locations On A US Map
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This link will open in a new window China Yangtze Power generates hydropower on the Yangtze River from its two hydropower plants -- The Three Gorges Power Plant and Gezhouba Power Plant. CYPC has an installed generating capacity of 6,977 MW. It oversees China's Three Gorges Dam project (the world's largest hydroelectric dam) on behalf of China Yangtze Three Gorges Development, which holds more than 60% of CYPC. The company also provides production technology consultancy, water electric construction support, and repair and maintenance services. It also manages and invests in other power projects. CYPC was founded in 2002. To read the full description, subscribe now.
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Key China Yangtze Power Co Ltd. Financials
| Company Type | Public - Shanghai: 600900 Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,285.0 |
| 2008 Employees | 2,569 |
China Yangtze Power Co Ltd. Executives
6 executives listed for China Yangtze Power Co Ltd.'s Beijing, location.
| Title | Name & Bio | Contact |
| Chairman | Yang Ya | Network |
| President and Director | Li Yong'an | Network |
| Chief Deputy Director, Financial Division | Chen Xiaohong | Network |
Competition
Competitive Landscape for China Yangtze Power Co Ltd.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top China Yangtze Power Co Ltd. Competitors
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