News Release from windfair.net
Wind Industry Profile of
Study: China's Offshore Wind Electricity Could Power Entire Coast
Wind farms along the coast could potentially supply 5.4 times more electricity than the current coastal demand, as Bloomberg reports on the study.
Peter Sherman, leading author of the report, said: “Because of significant technological advances, the economics have changed such that offshore wind could be cost-competitive now with coal and nuclear power in China.”
China's provinces lining the coast consume about 80% of the nation's total electricity, but it's difficult to get the large amount of onshore wind China produces to these areas as they are remotely away from the onshore wind farms.
The study was conducted by Harvard’s School of Engineering & Applied Sciences and China’s Huazhong University of Science & Technology.
- Source:
- Bloomberg
- Author:
- Windfair Staff
- Email:
- press@windfair.net
- Keywords:
- offshore, Bloomberg, wind energy, onshore, China, coast, electricity, study, Harvard, Huazhong University, costs, wind power