Posts Tagged wind power

Will it still spin?

Officials in National Energy Administration (NEA) insist that China would stick to its plan of reaching 100gW Wind Power energy till 2020.
Zhang Guobao, director of NEA, said China will build wind farms with capacity of over 10gW in inner Mongolia and XinJiang autonomous regions and Gansu, Hebei and Jiangsu provinces over the next decade, the total investment in those plants is estimated for more than one trillion Yuan.
If all goes according to plan, by 2020 3% of China’s overall power generation consumption, rising from 1.1% in 2008.
Domestic wind power generation reached 10gW in 2008, which means that China has the second fastest growth rate in wind power energy manufacturing, behind only USA.

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Hebei, one of China’s key wind power bases due to its closeness to North China grid load center is seeking for investment of 100 billion Yuan which would enable it to achieve 12gW wind power capacity by 2020, right now the total installed wind power capacity is 1.1gW.
China’s five leading power generating groups are: China Huaneng group, China Datang group, China Guodian group, China Huadian group and China power investment group.

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“the country that harnesses the power of clean, renewable energy will lead the 21st century”

Some industry analysts are concerned about the future of China alternative energy growth due the economy slowdown.
The hype around renewable energy is going to relax, the economic crisis, which cause dramatically drop in crude oil and coal prices will cause renewable energy production to be much expensive relatively speaking, and would decrease the incentive of investors to go in.
But that just in theory, in fact China’s top economic planning body, the National Development and Reform Commission (NDRC) published on its website couple of weeks ago that it had approve the construction of two hydropower stations and two wind farms one in Sichuan province and the other in Guizhou province with a total capacity of 20gW.
But that just a part of it, China is also making a big progress in Nuclear energy production and plans to double its production capacity in the coming decade by building 8 new nuclear power plants which would be in charge of 1% of China energy consumption.
The National Energy Administration (NEA) reports that by 2020, China wind power production capacity would reach 100gW.

Renewable energy

Renewable energy

China investments in wind power and nuclear power last year rose 88% and 72%, respectively, while the investment in thermal power plants declined 22%, those figures shows how serious is the China government in adopting alternative energy generators.

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