China Accounted For Half Of New Global Wind Installations In 2015
China accounted for almost half of all new global wind installations in 2015, installing 30.5 GW, according to GlobalData.
According to a new report from GlobalData, a global research and consulting firm, China was responsible for nearly half of all new wind installations globally during 2015. This follows only a few weeks after GlobalData predicted China’s installed wind capacity is set to triple by 2030, and is expected to reach 495 GW, up from 149 GW in 2015.
GlobalData also predicted that China will maintain its position atop the pile, installing 23 GW worth of wind in 2016, thanks to a supportive regulatory scenario, low average turbine prices, and transmission infrastructure development.
“After focusing on increasing its installed capacity, China’s 13th Five Year Plan has raised the 2020 wind target to 250 GW, and aims to shift the focus from scale expansion towards quality and efficiency,” said Ankit Mathur, GlobalData’s Practice Head for Power. “Indeed, the Operations and Maintenance (O&M) market in China, and all over the world, is poised for a growth phase.”
Earlier this month, GlobalData highlighted China’s likely future wind installation pattern, which runs parallel to the country’s desire to minimize its reliance on fossil fuels and decrease its emissions. “China’s quick adoption of wind power can be attributed to a wider global trend driven by depleting fossil fuel reserves, the declining cost of wind power generation and a growing sensitivity towards environmental issues,” said Aswani Srivatsava.
Following behind China, according to GlobalData‘s latest report, was the United States with 8.6 GW, Germany with 6.1 GW, and Brazil and India, both with 2.6 GW.
Overall, the global wind sector is seeing continued growth, particularly as it pertains to the industry’s operation and maintenance sector. “Most original equipment manufacturers witnessed an increase in service revenue in 2015 over 2014, as turbine maintenance continued to provide steady revenue,” continued Mathur. “Companies such as Gamesa, Vestas and Nordex performed strongly in 2015 in terms of O&M revenues.”
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Globaldata has been roundly criticized for its predictions. Only tripling by 2030 would mean production barely increased from todays level. Consider that at todays production of 30GW/year, in the 15 years to 2030, they would have 450GW plus the amount they already have. Given that they already have 149GW, it makes absolutely no sense. One would have to assume there is zero increase in production for 15 years, instead of the logical conclusion, that at some time in the next 15 years, wind turbine factories would increase, design and/or manufacturing would become more efficient.
Globaldata numbers are suspect. Taken from a different perspective, the past 5 years growth pattern of 25%, would have to fall off a cliff to 8% or so.
Hardly believable.
Not unlike the solar predictions of another article today.
China is leading the world in solar and wind installations. They have no carbon tax. They use RE subsidies and government mandates. Just sayin’.
China must now invest heavily in transmission. Many wind turbines sit idle, waiting for a connection to the grid. They need high speed transmission lines, similar to the ones Texas built, to be built throughout the country, to connect their massive world leading amount of wind turbine installations. Once this is achieved, they will blow the USA away in wind power, and lead the world in electricity produced by wind power by a staggering amount. China has intelligent leaders, unlike the USA, which has corrupt republicans who block clean wind and solar power, because they are in the pockets of the dirty fossil fuel industry. China spends twice as much as the USA on wind and solar power, and they will quickly lead the world in both.
USA could use a lot more transmission too.
Agreed.
Heres a nice article about HVDC in China and worldwide. China is developing HVDC more rapidly than anywhere. The problem is that it is developing renewables even faster.
http://www.powerengineeringint.com/articles/print/volume-21/issue-6/special-focus-hvdc/china-takes-hvdc-to-new-level.html