Authors

Mark Fulton and Others

Research organisation

Deutsche Bank

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Scaling Wind and Solar Power in China: Building the Grid to Meet Targets

Report Date

February 2012

Release Date

February 2012

Document summary

China has set out ambitious goals for de-carbonising its electricity supply, emphasising a concerted effort to expand all dimensions of renewable and low-carbon electricity sources. China’s wind power sector is facing adverse forces that are likely to slow near-term growth into the 2014 period. China’s modest adoption of solar PV compared with wind power stems from relatively high costs, the geographic remoteness of resource-rich regions, and a lack of transmission from those areas. Achievement of China’s renewable energy goals or targets through 2015 and 2020 are dependent on an aggressive and successful expansion of the electricity transmission grid.