China outpaces EU and U.S. with new wind turbines

February 3, 2010 at 10:27 AM Leave a comment

China nearly doubled its wind capacity in 2009 with 13 gigawatts of new generating capacity, compared to 10.5 gigawatts in Europe and 9.9 gigawatts in the United States.

Overall, the global industry employed around half a million people as it boosted capacity by 31 percent to 158 gigawatts.

“The continued rapid growth of wind power, despite the financial crisis and economic downturn, is testament to the inherent attractiveness of the technology,” GWEC secretary general Steve Sawyer said.

China has been criticized in many countries for its cautious stance at unsuccessful U.N. climate talks in Copenhagen in December, but it has not slowed its development of green power at home.

“The Chinese government is taking very seriously its responsibility to limit carbon dioxide emissions while providing energy for its growing economy,” said Li Junfeng, secretary general of the Chinese Renewable Energy Industries Association.

The prospect of fossil fuel prices soaring as industry hauls itself out of the current economic crisis has bolstered the investment case for wind energy, said Christian Kjaer, chief executive of the European Wind Energy Association (EWEA).

“Oil at around $75 in the middle of an economic crisis is unprecedented,” he told reporters. “If I were an investor, I’d want to limit my exposure to uncertain fuel prices.”

In a normal year, European wind farms will meet around 4.8 percent of total power demand, EWEA said. Spain installed the most new turbines in 2009, with 2.5 gigawatts, followed by Germany, Italy, France and Britain.

Spain’s lead may be eroded in 2010, when it reviews its system of subsidies, but Kjaer said subsidies were not the main force driving growth.

He said with oil in the $70-80 range, new onshore wind power was roughly cost-competitive with new gas-fired power stations, and just marginally more costly than new coal.

But from 2013 onwards, the EU’s carbon market will force all power producers to buy permits for each tonne of carbon they emit — giving green energy a further competitive advantage.

Click HERE for article

Advertisements

Entry filed under: Conservation, Energy, Green Help, Green Tech. Tags: , , , .

Cap-and-trade may be separate in Senate bill Obama set to outline biofuels strategy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


University of San Francisco: unplugged

USFUNPLUGGED is brought to you by the Environmental Safety Community Outreach Liaison’s of USF. Here to educate, assist and encourage, we want you to get involved with the GREEN movement taking place on campus!

Unplugged Rewind


%d bloggers like this: