Article ID: | iaor201111329 |
Volume: | 39 |
Issue: | 12 |
Start Page Number: | 7917 |
End Page Number: | 7921 |
Publication Date: | Dec 2011 |
Journal: | Energy Policy |
Authors: | Yu James, Zheng Jie |
Keywords: | economics |
Based on independent studies, this paper focuses on the significant discrepancy of 15GW between the installed onshore wind generation capacity and what has been actually connected to the power network to reveal the challenges in meeting the Chinese renewable energy target. The recent accidents in Chinese North‐Western transmission network (in February–April, 2011) demonstrated the urgent need for a fundamental review of the Chinese renewable energy policy. Offshore wind has been identified as the most feasible alternative to onshore wind to help deliver electricity to Eastern China during the summer peak time. By investigating and summarizing first hand experiences of participation in the Chinese renewable market, the authors provide the economic figures of the first cohort of Chinese offshore wind schemes. Large state owned enterprises (SOE) are dominating the offshore wind development, repeating their previous practices on the land. While this paper acknowledges the critical role of offshore wind generation in meeting Chinese renewable energy targets, it envisages an installed offshore capacity of approximately 2000MW by 2015, much less than the 10000MW governmental estimation, which can be attributed to the lack of detailed energy policy, network constraints, offshore wind installation difficulties and quality issues in the manufacture of turbines.