China's hardware industry will benefit from European wind power construction
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August 24 14:02:17, 2024
The European Wind Energy Association recently issued a communique in Brussels, the capital of Belgium, that the EU plans to invest 400 billion euros in the next 20 years to implement the wind power industry plan. Due to widespread concern in Japan's nuclear accident, the development prospects of clean energy industries such as wind power are more promising. Insiders pointed out that the current domestic wind power equipment is increasingly showing cost competitiveness in the world, and it is expected to benefit from the development of wind power in Europe in the next 20 years. Europe has always been a leader in the wind power market. As of the end of 2009, its cumulative installed capacity was 7655.3MKW, accounting for 47.9% of the world's total wind power installed capacity, exceeding the target of 2010 wind power installed capacity reached 4000MKW. However, in terms of new installed capacity in 2009, Europe only accounted for 28.2%, North America reached 39.3%, Asia reached 30%, Europe began to lose its leading position for many years, and China and the United States became the locomotives to promote the global wind power industry. The 2030 renewable energy target is expected to be developed. It is this situation that is seen that European wind energy practitioners continue to exert pressure on decision makers. It is reported that the European Wind Energy Association recently called on the EU to set a renewable energy target of 2030 as soon as possible to ensure that the EU has a stable energy policy to facilitate long-term investment arrangements for the wind power industry. Earlier, the association has expressed satisfaction with the EU's 2020 renewable energy target, but is concerned about its subsequent policy gap. In his letter to the European Wind Energy Association, Van Longpei, the permanent chairman of the European Council, also said that it is necessary to pay attention to the problems that arise after the 2020 energy policy expires. According to the current 2020 national plan formulated by EU member states, wind power generation will account for 14% of the EU's total power generation in the next 10 years. Currently, the association supports the European Renewable Energy Council's 2030 renewable energy target, which means that more than 45% of EU energy consumption will come from renewable sources, of which wind power will account for 28.5% of electricity production. China's wind power has a cost advantage In the face of this favorable situation, Chinese wind power companies are expected to take a slice of it. According to a statistics from Donghai Securities, the current installed cost of wind power in Europe is around 1,350 euros/kW, which is converted at the exchange rate of 8.8 yuan/euro. The cost of installed wind power in foreign countries is around 11,800 yuan/kW, and the installed cost of wind power in China is currently at present. At around 4,000 yuan / kW, the cost competition advantage supports China's wind turbines a large number of exports. In fact, an incomplete statistics shows that China's wind turbine exports increased by 8.8 times in 2010, and orders in 2011 also increased by 6.3 times compared with 2010 exports, further confirming the optimistic export prospects of China's wind power equipment. It is expected that the export of wind turbines in China will further accelerate in the future, which will drive the rapid growth of China's wind power industry. With the development of the European renewable energy target in 2030, European wind power will develop further in the next 20 years. As China's wind power has a large cost advantage, the hardware industry related to wind power will benefit.