Power

China Takes Offshore Wind Crown, Eyes Exports

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
ss155585069-wind-china
Shutterstock

China — a relative latecomer to the offshore wind party — has finally leapfrogged ahead of more established European players to become the global leader in harnessing the wild winds at sea. In 2021 alone, the country singlehandedly erected a staggering 17 gigawatts of new offshore wind turbines, equivalent to the amount added globally in the previous three years. This took China’s cumulative installed offshore wind capacity to 26 GW as of end-2021, well ahead of its closest rivals the UK, at 10 GW, and Germany, at 8 GW. China now accounts for about half of the world's installed offshore wind capacity, usurping its European counterparts in the span of only about a decade in terms of market size.

Topics:
Renewable Electricity , Emerging Technologies
Wanda Ad #2 (article footer)
#
The EU's anti-subsidy probe against China’s electric vehicle (EV) exports could undermine road transport decarbonization, possibly delaying the peaking of gasoline demand.
Wed, Sep 20, 2023
The government will push agencies to factor climate implications into procurement, budgeting and other decisions.
Fri, Sep 22, 2023
Despite the challenges, TotalEnergies and Equinor see enough promise in Brazil's offshore wind sector to join Petrobras in pursuing investment opportunities.
Thu, Sep 21, 2023