Maturity of China’s wind power industry
Wind power is a major form of wind energy, China’s wind power generation have been carried out for many years, as China’s energy and environmental change and wind power industry matures, the next few years will show a new generation of wind trend.
wind power costs will be significantly reduced
Wind relative to solar, biomass and other renewable energy technologies, more mature, lower cost of environmental damage is even smaller. In the past 20 years, wind power technology continues to achieve breakthroughs, economies of scale is increasingly evident.
According to the U.S. National Renewable Energy Laboratory NREL’s statistics, from 1980 to 2005, the cost of wind power declined by more than 90%, the rate of decline is faster than several other renewable forms of energy. According to the Danish National Research Laboratory of RIS on the installation of wind turbines in Denmark carried out the assessment, from 1981 to 2002, wind power generation costs from 15.8 euro cents / kWh down to 4.04 euro cents / kWh, the annual electricity costs by 2010 is expected to fall to 3 euro cents / kWh, 2020 to Reduce to 2.34 euro cents / kWh.
With the improvements in wind power technology, wind turbines will become cheaper and more efficient. Increasing stand-alone wind turbine capacity reduces the cost of inputs, infrastructure, and the same need for more capacity in smaller units, which also saves costs. With lower financing costs and experienced developers, project development costs have been reduced accordingly. Improvements in the reliability of wind turbine also reduces the average cost of operation and maintenance.
