28 January 2015

China’s wind energy capacity exceeds UK’s entire energy system

China added 20.7 GW of wind energy capacity in 2014 and its total installed wind power capacity, accounting for 40 per cent of all new capacity in the year, according to Bloomberg New Energy Finance (BNEF).

According to figures from Bloomberg New Energy Finance (BNEF), China’s total installed wind power capacity has reached 96 GW, which exceeds the entire energy system of UK.

With an installed capacity of 96 GW, China is the world’s largest wind energy market. Today, wind energy is the third largest power source in the country after cal and hydro based power generation.
It was a good year for Chinese wind industry in 2014, with most of the installation coming ahead of expected subsidy cut in 2015. The project developers showed urgency in completing their projects to avoid the expected cut in feed-in-tariffs

Source: Energy Next

No comments:

Post a Comment