China's Wind-Power Generation Policy and Market Development

Author: 
Chun Chun Ni
Description: 
JEL codes: 
Abstract: 
The Chinese government set its wind power generation capacity target at 5 million kW for 2010 and 30 million kW for 2020 in its Medium to Long-term Renewable Energy Development Plan released in September 2007. The 11th Five-Year Renewable Energy Development Plan, announced in March 2008, doubled the 2010 target to 10 million kW, attracting much attention from relevant parties. This report considers the challenges and future course of the Chinese wind power development policies and other background factoes behind the government's upward revision to the wind power genration capacity in the 11th Five-Year Renewable Energy Development Plan.