Feasibility study of wind energy potential in China

Abstract

Remarkable economic achievements have been made in China since the economic reform in 1978. High agricultural and industrial productivity as well as rapid development of the tertiary industry and continuous improvement of living standard have resulted in a jumping power demand. The pressing need for updating the current infrastructure, power industry in particular is the key to the sustainable economic growth and continuous industrialisation. The crucial role of rural industry in economic development and the fact of over 70% of the rural population have brought a great opportunity for wind energy development. One of the most cost-effective ways to diffuse wind power technology is through technology transfer based on joint venture activities due to the enormous initial capital investment and complexity of wind power technology to ease the severe domestic power shortage. Foreign aid and investment will no doubt have a stimulatory effect on wind energy development in China. The future benefits in terms of technology transfer and international trade will easily outweigh the current problems and thus contribute to sustainable economic development in many years to come.