China

Penny's Bay Oil— 300 MW Oil

Oil

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Penny's Bay Oil is a significant power generation facility located in China, contributing to the country's energy landscape with its 300 MW capacity. This oil-fired power plant plays a crucial role in the regional energy mix, helping to meet the increasing demand for electricity in the area. With the coordinates 22.3200° N latitude and 114.0400° E longitude, Penny's Bay Oil is strategically positioned to support the local grid, particularly during peak demand periods. The technology utilized at this facility involves traditional oil combustion, a method known for its ability to provide reliable baseload power. Oil-fired plants like Penny's Bay are essential in regions where other renewable sources may not yet be fully developed or integrated into the grid. As a result, this power generation facility is an important asset for energy reliability in the region. In the context of China's energy policy, which aims to balance energy security with environmental considerations, Penny's Bay Oil represents a transitional phase in the country's ongoing shift toward cleaner energy sources. While oil remains a significant component of the national energy mix, the government is actively investing in renewable technologies, making facilities like Penny's Bay Oil critical for the immediate future while the transition unfolds. The operational context of this power plant underscores the importance of maintaining a diverse energy portfolio to ensure stability and resilience in the grid. As the demand for electricity continues to rise, the role of oil-fired plants such as Penny's Bay Oil becomes increasingly vital to support both industrial and residential energy needs.