China’s Potent Wind Potential

In this article, the author discusses a recent Harvard and Tsinghua Study saying that wind power could account for all of China’s projected demand in 2030. It also features Mr. Sebastian Meyer, Azure director of research and advisory, who said that the challenge of obtaining such an ambitious goal is as much administrative and financial as it is technical. He said that a political imperative for rural development guarantees that wind power will continue to develop, but financing incentives need to change. The current surcharge of 0.001-0.002 Chinese yuan per kWh, which Chinese consumers pay to support integration of renewable energy, barely covers the cost of patching wind farms onto the grid.