Energy Private Enterprise ENN WANG Yusuo Visiting USA Togeth

发布日期:2016/05/16  来源:中国气协  本站有 人浏览

Chinese President XI Jinping paid the first state visit to USA since he took office, and Sino-American Entrepreneur Forum was held in the same time. ENN Energy WANG Yusuo is the only one from the energy industry among the attending entrepreneurs.
1 ENN being known in American energy industry
First, ENN has many new concepts and has enjoyed close economic cooperation and frequent personnel exchanges together with American business and political quarters in past a few years.
Early in 2009, Steven Chu (the secretary of United States Department of Energy) visited ENN. Steven Chu who was 61 years old and a Nobel laureate in physics came ENN (Hebei Langfang) notwithstanding the rain on July 17, 2009, and this day was the last day in the 3-day visit China schedule. ENN was also the unique Chinese company for his visiting during this 3-day visit China schedule. ENN deeply impressed Steven Chu, and the cooperation such as coal catalytic gasification, microalgae carbon sequestration and other technologies between ENN and USA National Clean Energy Laboratory, USA Renewable National Energy Laboratory, USA Lawrence - Livermore Moore National Laboratory and other scientific research institutions was quickened. Later, ENN is gradually known in the USA energy industry and there are more and more international scientific and technological cooperation projects.
ENN and Duke Energy (one America Energy Giant) developed the cooperation in the photovoltaic energy field in October 2009. ENN and Duke signed “the Cooperation Agreement of the Future Energy Technology Demonstration Platform” in 2011; and ENN and Duke signed “the Sino-American Green Cooperation Four-partner Agreement” together with China Langfang municipal government and America Charlotte municipal government in May 2011. The future energy technology demonstration platform include 5 modules, namely energy production, energy storage and transportation, energy application, energy regeneration and energy matching centers; and ENN and Duke actively promoted such cooperation.
WANG Yusuo (the chairman of the board of directors of ENN Group) as the unique invited enterprise representative made his keynote speech in the 4th USA Energy Peak Conference in August 2011 together with and Biden (Vice President of the United States) and Steven Chu (the secretary of United States Department of Energy).
WANG Yusuo presented the detail data analysis and prospects to the economic profits for those clean energy projects for implementation in America in the future from the topics of “Energy New Normal State”, system energy efficiency theory and Pan Energy Net technology under the guidance of Chinese intelligence of “Union Among Heaven, Earth and Man” and by combining America western geographical environment characteristics. He disclosed that ENN Group prepared a 10-year plan for America investment and development, and predicted the total investment amount of the projects may be more than USD 50 dollars.
ENN proposed the “Energy New Normal State” theory and “Pan Energy Net technology” to guide the clean energy practice, and Americans also pay close attention to these.
ENN Group and USA General Electric (GE) Group signed the strategic cooperation memorandum of understanding in November 2014. The both parties focus data center distributed energy stations, coal to gas and other market fields for joint promotion of natural gas distributed energy demonstration. At the same time, the energy cascade utilization may be achieved through the cooling, heating and power multi-generation mode to realize the high efficiency utilization of natural gas and energy structure optimization; finally, promotion of the energy saving and emission reduction may be performed to help control of air pollutions and haze.
Secondly, ENN traditional business strength and American energy market are well matched.
ENN was born from the related natural gas industry. Natural gas output shall be more sufficient and the gas price shall be cheaper after America shale gas revolution. Natural gas also dominates American energy structure also. Such case shall match ENN traditional business strength.
American state situations determine its huge market space. America is vast and sparsely populated; and gas filling stations are suitable for construction along rapid highways; moreover, American natural gas price is not high to benefit the natural gas downstream operators. In addition, American logistics companies also need to lower the transportation costs; thus, there is also large LNG market demand (LNG price is lower than the diesel price).
Thirdly, who doesn't study for overall situation is hardly to manage for one aspect.
Wherever in view of laws and rules or technologies, or environmental protection level, the relative early developed overseas LNG market is more advanced. If ENN wants to learn experiences and grasp the industry future development, profound experiences may be gained through the ‘Go Out’ policy. Further practice in the American market may be also beneficial to accumulation and expanding the upstream and downstream sources and experiences. China natural gas market is being under development. As for ENN, flowers are blooming outside the wall but smelling inside in the future.
 
2 ENN’s America Blueprint
ENN spread business in America. Currently, the business includes two parts: LNG and photovoltaic items.
By taking LNG as an example:
American sufficient and cheap natural gas resource is alluring; and ENN is no longer satisfied to be the largest private natural gas operator in China. ENN quietly distributed and constructed the natural gas operation network a few years ago in America. 2 LNG filling stations were built in USA Utah State and more gas filling stations will be successively built and put into operation in the future. ENN as a China private enterprise initially started investment and construction of LNG filling stations in America.
The primary customers for ENN’s American LNG filling stations are local large logistics vehicle groups, and some large mining machinery vehicles. ENN is promoting the plan of layout of truck natural gas filling stations along the American highways. Related personnel from ENN Group also expressed that the goal of visiting Middle and East America is to establish natural gas filling stations all over America.
ENN had planned to put the special technologies for natural gas equipment into operation in America. They first contacted Clean Energy (American primary natural gas fuel company) for cooperation. And they turned to CH4 Energy Corp (a small company in Utah State) after suffering from refusal. CH4 Energy Corp set a LNG and CNG (compressed natural gas) fuel station in Salt Lake City under the help of Federal Revitalization Funds. ENN and CH4 Energy Corp subsequently set Transfuels LLC under operation through the name of Blu LNG. According to information, such trade source said ENN had the majority of shares in this joint venture business and controlled the board of directors. Mr. Merritt Norton (the Founder of CH4) is the Chief Executive Officer of Blu; and Mr. JUN Yang (a top manager of ENN Group) acts as the Chairman of the board of Blu. Then, such bold Blu LNG plan started and was under rapid progress.
 
3 Profile of ENN
ENN Energy Holding Co., Ltd. (originally called as ENN Gas, Stock Code: 2688.HK) started the urban pipeline gas business in 1992, which is the largest clean energy distributor in China.
As of December 31, 2013, ENN successfully operated 134 urban gas projects and supplied clean energy products and services for more than 9,200,000 residence users and 38,000 commercial users in 15 provinces, municipalities and autonomous regions in China; ENN’s pavement medium transportation and major pipelines were more than 23,000 kilometers; the service population was more than 61,000,000 urban persons. There were 448 natural gas filling stations under investment and operation in 105 cities. The clean energy turnkey solution was planned for performance in more than 20 large and medium cities.