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China Wind Power Market Outlook 2014
TechSci Research, Sep 2010, Pages: 60
Wind power installations in China have been experiencing exponential growth in recent years due to the favorable economic and operating environment in that country. The cumulative wind power installed capacity in China surpassed 25 GW by the end of 2009 as compared to around 1.3 GW in 2005, and exceeding the target of 20 GW for 2010. China added more than 13 GW of new wind power installed capacity in 2009, thereby accounting for almost one-third of global new capacity additions in 2009. By dominating the new wind power capacity additions globally, China has emerged as the third largest wind power market behind U.S and Germany.
According to the report “China Wind Power Market Outlook 2014”, China is expected to lead the global wind power market in the coming 5 years, driven by government appetite for renewable energy. Chinese government commitment to derive 20% of energy from renewable sources by 2020 will result in the required thrust towards the future growth of wind power market. In our opinion this decade will belong to Chinese wind power equipment manufacturers and wind farm developers, as they try to expand their network of operations beyond the domestic market. The government focus on offshore wind power will lead to the next level of growth for the wind power market, as China has abundant offshore wind power resources amounting to 750 GW, i.e. almost triple the onshore resources.
The research report “China Wind Power Market Outlook 2014” discusses following aspect related to wind power market in China:
- Installed capacity by Region, Province and wind farm developer.
- Onshore & Offshore Wind Power Capacity Utilization.
- Wind Power Reserves & Potential
- Overview of Wind Turbine Market
- Offshore Wind Power Market Overview & Planned Project
- Regulatory & Tariff Structure
- Anticipated future growth for Cumulative Install Capacity
“China Wind Power Market Outlook 2014” gives an unprejudiced overview on the Chinese wind power market like installation capacity by region and province, wind power capacity utilization, wind power resources and potential, wind power equipment market, current and anticipated future scenario of off shore wind power, regulatory landscape, tariff structure and competitive landscape. It will help readers get familiar with current and expected future trends with respect to the Chinese Wind power market.
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