• 3 minutes 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 6 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 11 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 14 minutes Democrats through impeachment process helped Trump go out of China deal conundrum. Now Trump can safely postpone deal till after November 2020 elections
  • 1 hour Shale Oil Fiasco
  • 33 mins Everything you think you know about economics is WRONG!
  • 1 hour USA v China. Which is 'best'?
  • 14 hours Wallstreet's "acid test" for Democrat Presidential candidate to receive their financial support . . . Support "Carried Interest"
  • 7 mins Global Debt Worries. How Will This End?
  • 9 hours My interview on PDVSA Petrocaribe and corruption
  • 23 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 15 hours Quotes from the Widowmaker
  • 21 hours Petroleum Industry Domain Names
OPEC+ Agrees To Deeper Output Cuts

OPEC+ Agrees To Deeper Output Cuts

The OPEC meeting ended with…

The Race To Construct The First Solar Space Station

The Race To Construct The First Solar Space Station

Chinese scientists are looking to…

New Report Forecasts China to Have 150GW of Wind Capacity by 2015

According to a recent study carried out by GTM Research, titled ‘China Wind Market Quarterly’, China is on course to reach 150 GW of installed wind capacity by 2015, outstripping the government’s goal of 100 GW by quite a margin.

The vast increase in installations will be achieved as a result of steady government support, and rising domestic demand.

China did feel the effects of the global financial slowdown in 2008, however its renewable energy sector has boomed, with the wind industry leading the way. In 2006 China had just 3 GW of installed wind capacity, around 4% of global capacity, yet since then it has installed over 50 GW of grid-connected wind power and 70 GW of total wind capacity, which now gives it around 35% of the global total capacity.

Related Article: Wind Energy: Swapping Turbines for Kites

One problem, and probably the main problem, that China faces is that most of its wind power installations are situated in several northern and western provinces that are sparsely populated, so cannot use all the electricity generated by the local wind farms, and lack the transmission capacity to carry the power to larger cities where demand is higher. In order to overcome this failing China has huge plans to overhaul its energy grid in the coming years.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play