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Market Research Report

China Wind Power Outlook 2020

Published by Greentech Media Inc. Product code 951577
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China Wind Power Outlook 2020
Published: July 27, 2020 Content info:

The ‘2020 China wind power outlook’ is a 50+ page report containing 50+ charts, tables and graphs providing in-depth analysis of the Chinese wind power market. It studies the key drivers and barriers for the onshore wind power market in China, with a focus on national and specific provincial markets. The analysis focuses on macro conditions and regulatory frameworks, as well as providing a 10-year market outlook and three forecast scenarios (bull, base and bear).

Key takeaways:

  • China's wind power market will reach a cumulative grid-connected capacity of 461GW by the end of 2029, more than three times the entire APeC market
  • 100GW+ of wind base development supports the short-term outlook, while the continued reduction of levelised cost of electricity (LCOE) drives long-term growth
  • Subsidy cancellation in 2020 will temporarily depress the market and hurt developer profitability, while competition from solar becomes the primary concern after 2025

About the analyst

Xiaoyang Li is senior anlayst with Wood Mackenzie. She focuses on China's wind power market, specifically market developments, future scenarios, supply chain dynamics and competitive strategies across the value chain. By closely monitoring industry actors, policy developments, markets and technology trends, Xiaoyang provides clients with insightful and relevant research.

Table of Contents

Table of Contents

1. Market overview

2. Market outlook

3. Regional Outlook

4. Analysis of drivers

  • a. National targets
  • b. Large-scale wind bases development
  • c. LCOE reduction
  • d. Grid Infrastructure
  • e. Renewable porfolio standard (RPS)

5. Analysis of barriers

  • a. COVID-19 pandemic
  • b. Subsidy reduction
  • c. Curtailment
  • d. Competition with solar

6. Appendix

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