A Closer Look at China’s Wind Power Plan

A Closer Look at China’s Wind Power Plan
In a picture taken on December 10, 2009 Wind turbines dot the landscape on the outskirts of Dongying, in central China's Shandong province. AFP/AFP/Getty Images
Valentin Schmid
Updated:

Western idealists often portray China as a country that “can get things done,” be it investment in infrastructure or the expansion of renewable energy. What they often fail to ask is whether the done things will actually be useful.

On March 21, China announced it will increase total wind power capacity by 22 percent to 139 gigawatts (GW). This is right on track to achieve its ambitious target of 200 GW by 2020.

As a comparison, the United States has 74 GW installed at the end of 2015 and no ambitious plan to boost it to 200 anytime soon.  

China's wind farms are under-performing.
Michael Davidson, TheEnergyCollective
Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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