Clean Power Professionals Group
This special interest group is for professionals to connect and discuss all types of carbon-free power alternatives, including nuclear, renewable, tidal and more.
Shared Link
Carbon neutral goal: China to pass UK as top offshore wind farm installer
China’s growth in offshore wind installations will primarily be driven by developers’ rush to complete projects before Beijing withdraws its tariff subsidy programme at the end of the year. These subsidies have been removed from onshore wind as the economies of scale have been reached to ensure these projects can be deployed and generate adequate ROI. These same subsidies will be removed from offshore wind by the end of 2021 for the same reason.
The question is does this represent a threat to supply or costs for the rest of the global renewable energy market? Where wind blows green hydrogen is sure to follow. It will be interesting to see how China approaches the emerging hydrogen economy?
Carbon neutral goal: China to pass UK as top offshore wind farm installer
China, which installed the most offshore wind capacity for a third year in a row of over 3 gigawatts last year, is expected to surpass Britain as the global leader this year as its coal-dominated electricity industry seeks to decarbonise, according to the Global Wind Energy Council.
Discussions
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.
Your access to Member Features is limited.
Sign in to Participate