The 25 MW offshore wind turbine launched by China this time is led by China Eastern Electric Group, with a hub height of 185 meters and can be deployed in deep-sea areas, significantly improving the efficiency of wind energy utilization. China currently operates nearly half of the world's offshore wind turbines, with a total installed capacity of 26 gigawatts, accounting for 48% of the world's 54 gigawatts. In 2024, China's investment in renewable energy will reach 13.6 trillion yuan (approximately 1.9 trillion US dollars), with an installed capacity exceeding 1410 gigawatts, surpassing coal-fired power comprehensively. In the field of photovoltaics, China controls 95% of the global production capacity of polycrystalline silicon and silicon wafers, and its advantage in wind turbine manufacturing is also significant.
In sharp contrast, the Trump administration in the United States issued an executive order after restarting, completely freezing the approval of land and sea wind energy projects and suspending leasing and sales. This move has caused the US wind energy industry to stagnate, threatening its cost advantage (wind power generation costs $27/megawatt hour, far lower than gas and coal-fired power). Despite the potential for offshore wind energy development in the Gulf of Mexico, the first leasing auction in 2023 was only sold at a low price of $5.6 million, highlighting the industry's difficulties.
Experts point out that China's technological breakthroughs and large-scale applications in the field of renewable energy are accelerating the transformation of the global energy structure; However, the regression of US policies may hinder its clean energy progress, exacerbating the difficulty of achieving climate goals. In the future, the international energy competition pattern may further tilt towards China.(This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website strategy column editor/Wu Juan
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