The outlook for wind power in China

As part of the Machinery Production Yearbook program, IMS Research produces a specific yearbook on China’s machinery production.

05/30/2012


As part of the Machinery Production Yearbook program, IMS Research, recently acquired by IHS Inc., produces a specific yearbook on China’s machinery production. The data is from Machinery Production Yearbook-China-2012 Edition.

Sinovel, a company in China supplying wind turbines, recently laid off many employees who have just graduated from university. This news drew the public’s attention to China’s wind turbine industry. After a sunny past few years, a chill has descended; after growing 30% in 2010, the industry contracted 15% in 2011.

There are several problems causing this rapid decline in the wind turbine business, including overcapacity and difficulties in connecting to the grid. But I believe that if the opportunity is taken in this period to make the necessary adjustment, then the wind turbine industry in China will take advantage to speed up industry consolidation and build up momentum again over the next few years. IMS Research believes revenues from wind turbines will continue to grow steadily from 2012 to 2016, reaching more than $10 billion in 2016.

According to Chinese Wind Power Development Roadmap 2050, there are three stages expected to occur in the following three stages.

Stage 1 (From 2011 to 2020): New installed wind power is forecast to be 15 GW/year. The cumulative installed wind power will reach 200 GW by the end of 2020.

Stage 2 (From 2021 to 2030): New installed wind power is forecast to rise to reach 20 GW/year. Then the accumulated installed wind power at the end of 2030 will be 400 GW.

Stage 3 (From 2031 to 2050): New installed wind power is forecast to rise to 30 GW/year. The accumulated installed wind power at the end of 2050 will be 1,000 GW.

Although the short-term outlook for the wind turbine business is not good, we have strong confidence in the long-term trend for wind turbines.

Moreover, I believe that there are different priorities for each stage. In the first stage, Chinese wind power will continue to focus on onshore wind power, and developing the intertidal wind power. In the second stage, regardless of inter-province transmission, the cost of electricity generated from wind power should be less than the cost from coal. In the meantime, the industry should pay equal attention to both onshore and offshore wind power. In the third stage, onshore and offshore wind power will both achieve comprehensive development.



Top Plant
The Top Plant program honors outstanding manufacturing facilities in North America.
Product of the Year
The Product of the Year program recognizes products newly released in the manufacturing industries.
System Integrator of the Year
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
June 2018
2018 Lubrication Guide, Motor and maintenance management, Control system migration
May 2018
Electrical standards, robots and Lean manufacturing, and how an aluminum packaging plant is helping community growth.
April 2018
2017 Product of the Year winners, retrofitting a press, IMTS and Hannover Messe preview, natural refrigerants, testing steam traps
June 2018
Machine learning, produced water benefits, programming cavity pumps
April 2018
ROVs, rigs, and the real time; wellsite valve manifolds; AI on a chip; analytics use for pipelines
February 2018
Focus on power systems, process safety, electrical and power systems, edge computing in the oil & gas industry
Spring 2018
Burners for heat-treating furnaces, CHP, dryers, gas humidification, and more
April 2018
Implementing a DCS, stepper motors, intelligent motion control, remote monitoring of irrigation systems
February 2018
Setting internal automation standards

Annual Salary Survey

After two years of economic concerns, manufacturing leaders once again have homed in on the single biggest issue facing their operations:

It's the workers—or more specifically, the lack of workers.

The 2017 Plant Engineering Salary Survey looks at not just what plant managers make, but what they think. As they look across their plants today, plant managers say they don’t have the operational depth to take on the new technologies and new challenges of global manufacturing.

Read more: 2017 Salary Survey

The Maintenance and Reliability Coach's blog
Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
One Voice for Manufacturing
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Maintenance and Reliability Professionals Blog
The Society for Maintenance and Reliability Professionals an organization devoted...
Machine Safety
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
Research Analyst Blog
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Marshall on Maintenance
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
Lachance on CMMS
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
Electrical Safety Update
This digital report explains how plant engineers need to take greater care when it comes to electrical safety incidents on the plant floor.
Maintenance & Safety
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
IIoT: Machines, Equipment, & Asset Management
Articles in this digital report highlight technologies that enable Industrial Internet of Things, IIoT-related products and strategies.
Randy Steele
Maintenance Manager; California Oils Corp.
Matthew J. Woo, PE, RCDD, LEED AP BD+C
Associate, Electrical Engineering; Wood Harbinger
Randy Oliver
Control Systems Engineer; Robert Bosch Corp.
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me