# Wind Power China Installed Prediction 495 GW by 2030.

- Link: https://greenlivingguy.com/2019/10/wind-power-china-installed-capacity-escalating/
- Published: 2019-10-22T02:57:23-04:00
- Author: greenlivingguy

## Wind Power China

Let’s talk wind power China folks. First of all and back in 5 May 2016. Wind power
in got installed capacity. I mean more than treble from approximately 149 [Gigawatts](https://greenlivingguy.com/2020/04/general-mills-goes-100-wind-in-the-usa/)(
GW) in 2015. Yet folks predicted it to go over 495 GW by 2030. That’s representing
a Compound Annual Growth Rate (CAGR) of 9%, according to research and consulting
firm [GlobalData](https://greenlivingguy.com/2015/09/government-policies-will-remain-key-to-europes-renewable-energy-growth-by-2020-says-globaldata/).

The company’s report* stated China has the highest wind power globally. Consequently
that’s true and still true today. Thereby accounting 1/3 of cumulative wind power
capacity worldwide in 2015 alone. Then followed by the US. They have 17% of the 
global share.

![Wind power China](https://i0.wp.com/greenlivingguy.com/wp-content/uploads/2023/
04/IMG_1440.png?resize=300%2C225&quality=50&ssl=1)

Aswani Srivatsava, GlobalData’s Analyst covering Power, says supportive government
policies are key. They therefore include an attractive concessional program. Then
with the availability of low-cost financing from government banks. All are the main
reasons for success of the Chinese wind power market.

#### China’s Five Year Plan

So China’s 13th Five Year Plan revised the 2020 wind target to 250 GW. It also aims
to shift focus from scale expansion towards quality and efficiency. Therefore and
in order to tackle rising pollution levels first off. Then reducing its [dependence on imported oil](https://greenlivingguy.com/2005/05/us-dependence-on-foreign-oil-growing-experts/).

As well as the country is promoting their leasing renewable energy source: wind.
So the government has a number of financial incentives. For example and such as 
feed-in tariffs in place. All consequently to continue the development of wind power.

#### China Wind 2016

So reporting in 2016, China was and still is the world’s largest wind market. That’s
by some margin today. It shall continue to dominate throughout the 2020s. That’s
even as it enters the post-subsidy era from 2021.

Because in 2019 and as of May, China had 60GW of approved project capacity waiting
to be installed.

Under the subsidy-phase out policy, [this capacity needs to be installed](https://www.windpowermonthly.com/article/1660433/rush-beat-subsidy-end-puts-squeeze-supply-chains)
by the end of 2020 in order to qualify for the state’s feed-in tariff.

This could result in the Chinese market reaching the heights of 2015 when it installed
over 30GW in a year.

In the first half of 2019, China added 9GW of new onshore capacity, which is up 
50% on the same period of 2017.

#### Beyond 2020 Wind Power

Beyond 2020, however, China’s onshore market will slow to around 20GW a year under
the new regime.

Despite China’s [wind development achievements](https://greenlivingguy.com/2014/01/china-wind-power-leading-the-charge-in-the-rotor-blade-market/)
to date, the sector faces the key problems. Those of its increasing inability to
accommodate the rapid surge in the number of wind turbines in remote areas due to
its underdeveloped electrical grid. The Chinese government announced that it will
put new wind power projects approvals on hold in 2016. That’s in its northern provinces
such as Inner Mongolia, Jilin, Heilongjiang, Gansu, Ningxia and Xinjiang, as the
country is faced with grid constraints such as wind power output, system load, power
source structure, regulation capability, power transmission scale and operation 
methods.

Annual wind power installations may not be as high over the next decade as in previous
years in 2016. So as the CAGR of installed capacity for wind was 24.4% between 2006
and 2015. However  the market is still expected to be very strong. All with average
annual installations to 2030 being in the range of 21-22 GW.

*Wind Power in China, Market Outlook to 2030, Update 2016 – Capacity, Generation,
Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

[Sources](https://www.windpowermonthly.com/article/1660433/rush-beat-subsidy-end-puts-squeeze-supply-chains):
LONDON, UK (GlobalData), Wind Power Monthly

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 greenlivingguy

 The Green Living Guy, Seth Leitman is an independent power producer, a green living
expert, and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author,
Radio Host, Reporter, Writer and an Environmental Consultant on green living. The
Green Living Guy writes about green living, green lighting, the green guru guides
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