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China's Wind Power

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13:0027 December 2012

Last week, the National Development and Reform Commission (NDRC), China’s top economic planner, approved four new wind power projects, which are capable of producing 6.8 gigawatts of electricity and worth a total of 57.2 billion yuan ($9.17 billion).

On the other hand, Liu Qi, deputy secretary of the National Energy Bureau indicated the country’s installed wind energy capacity will surpass 60 gigawatts by the end of the year.

The new Five-Year Plan calls for an installed capacity of 100 gigawatts by 2015 and 200 gigawatts of renewable energy by 2020.

The power consumption of the world’s second-largest economy is expected to show growth of about 6 percent to 5 trillion kilowatt-hours for the year 2012, the State Electricity Regulatory Commission (SERC) forecast last month.

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