Friday, January 13, 2012

"China Increases Target for Wind Power Capacity to 1,000 GW by 2050"

China has increased its target for installed wind power capacity to 1,000 GW by 2050 (from ~40 GW today).  This is an astounding number and speaks both to their initiative and the competitiveness of wind power as an energy resource.  This will require an RMB 12 trillion (~$1.9 trillion USD) investment and is expected to provide around 17% of China's energy needs from wind power in 2050 according to the Center for Renewable Energy Development of the Energy Research Institute (part of the NDRC).

Here is the link to the full article:



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