State of the Art and Outlook of Chinese Wind Power Industry Yang Hua Goldwind Science & Technology Co., Ltd. 2015.05 Content 1 Macro Environment Analysis of Wind Power Industry 2 State of the Art of Chinese Wind Power Industry • Installed Capacity Overview • Major Wind Turbine Manufacturers’ Development • Export Markets Distribution of Chinese Wind Turbine 3 Development Prospect of Wind Power Industry Energy Structure & Electricity Development of China • The percentage of non-fossil energy in total energy consumption in Percentage of total energy consumption (1980-2014) China has increased from 4% in 1980 to 10.9% at the end of 2014. • Of total installed capacity, thermal power has declined from 77.8% in 2006 to 67.3% in 2014, and wind power has increased from 0.3% to 7.1% during the same period. Grid-connected wind power capacity reaches 96.37GW by the end of 2014 • Wind power account for 3% of the total generated power in 2014 and ranked as the third largest energy resource for consecutively the third year. Newly installed Capacity (2006-2014) Percentage of generated wind power (2010-2014) Medium-term Targets are Set, and Market Size is Ensured "Working Plan to Strengthen Air Pollution Control and Treatment in the Energy Industry" Jointly released by NDRC, NEA and MEP To promote wind power produced in Inner Mongolia、Shanxi、and Hebei provinces been consumed in Beijing- Tianjin- Tangshan area. Wind power connected to grid system account for 10% of the total power consumption in Beijing-Tianjin-Tangshan area by 2015, and raised to 15% by 2017 The plan set medium-term targets of: 100GW of installed wind power in 2015, and 150GW by 2017. China's Energy Authorities Further Regulate Wind Power Equipment Market Order • On 5 September 2014, National Energy Administration issued the "Notice on Requirements for Regulating Wind Power Equipment Market Order", Strengthen information disclosure and supervising of wind power equipment market Ø 1. Establish national wind Strengthen inspection and certification to guarantee wind power equipment quality Ø 1. Implement wind power equipment type certification power equipment quality Ø 2. Strengthen credibility of type certification result information monitoring and evaluation system Ø 3. Strengthen inspection and certification capability construction Ø 2. Strengthen wind power Regulate wind power equipment 2 equipment quality analysis quality acceptance check Ø 3.Strengthen wind power 4 1 Regulate the market order market information disclosure Ø 1. Unify technical standards for end of warranty period acceptance inspection and market monitoring Ø 2. Set up end of warranty period Establish fair, impartial and open tendering and procurement market acceptance inspection and dispute Ø 1. Strictly forbid local government interfere bidding procedure. resolution mechanism Ø 2. Establish well regulated and transparent wind power equipment market. Ø 3. Increase transparency of end of Ø 3. Make full use of industrial associations‘ self-discipline function. 3 warranty inspection information Installation Rush Triggered by Feed-in-tariff Reduction in 2014 • • On 31 December 2014, Onshore Wind Power Benchmark Feed-in-Tariff Reduction Policy is formally announced . The feed-in-tariff for tier 1, 2 and 3 wind resources zones was cut by CNY 0.02/kWh, to CNY 0.49/kWh, CNY 0.52/kWh, and CNY 0.56/kWh, respectively. The feed-in-tariff for tier 4 zone remains at CNY 0.61/kWh. Wind Before Adjustment Resource (CNY/kWh) Zones Tier 1 0.51 After Adjustment (CNY/kWh) 0.49 Tier 2 0.54 0.52 Tier 3 0.58 0.56 Tier 4 0.61 0.61 Areas included Inner Mongolia Autonomous Region except: Chifeng, Tongliao, Xing'anmeng, Hulunbeier; Xinjiang Uygur Autonomous Region: Urumqi, Yili, Karamay, Changji, Shihezi Hebei Province: Zhangjiakou, Chengde; Inner Mongolia Autonomous Region: Chifeng, Tongliao, Xing'anmeng, Hulunbeier; Gansu Province: Zhangye, jiayuguan, Jiuquan Jilin Province: Baicheng, Songyuan; Heilongjiang Province: Jixi, Shuangyashan, Qitaihe, Suihua, Yichun, Daxinganling Region; Gansu Province except: Zhangye, Jiayuguan, Jiuquan; Xinjiang Autonomous Region except: Urumqi, Yili, Changji, Karamay, Shihezi; Ningxia HuiAutonomous Region Other parts of China except above areas New Policy of Power System Reform was Released • On 15 March 2015, Chinese Government released "Opinions on Deepening the Reformation of Electricity System" • It officially defined the operation model of grid enterprises: they no longer make profit based on price gap between feed-in-tariff and retailing price of electricity, but charge transmission fee based on government approved price level. The open of power dispatching and power selling business may bring market opportunity to domestic distributed energy resource, and enhance the development of new energy in a long run. Orderly deregulate price except transmission & dispatching price Generation side bidding to connect to grids Orderly open the power dispatching and r selling market to social capital Three Open File No. 9 Orderly open plans of power generation & consumption except those for commonweal and adjustment One Independence Relatively independent power transaction institution Strengthen government supervision To separate power transmission and distribution, and to dispatch power independently take time Three Strengthen Strengthen overall planning of power Strengthen and improve the safety, effectiveness and reliability of operation and supply of power Complement document 1: Ensure taking full advantage of clean energy generation capability • 25 measures to assure clean energy development, restate guarantee of total purchasing of generated renewable energy Complement document 2: Power demand side management • Power demand side management pilot projects in several cities; peak load period electricity pricing or seasonal electricity pricing strategy testing, solve peak load period electricity shortage problem Complement document 3: Speed up power transmission and distribution pricing reformation • Pilot pricing reform in four provinces, separately setting price of power transmission and distribution based on “approved cost + reasonable profit” rule. NEA Held Energy Internet Forum, Planning to Launch Green Energy Network • In mid-to-late April, 2015, NEA held three seminars to communicate and discuss the establishment of "Chinese Energy Industry Internet Innovation Alliance" with energy related enterprises. • Topics of the seminars: (1)What disruptive changes will Energy Network brings? What industry development will been brought and who will be involved? (2) How can information industry and traditional energy industry exchange and integrate under internet way of thinking? (3) What are the short-term and medium-term direction of Energy Network? Tsinghua University took the initiative The major work from now on: "Green Energy Network" ① Carry out "Green Energy Network" ( Version 1.0) in the near future The nature of "Green Energy Network": a trading platform for power and energy. Similar to E-commerce platform, it promote the transformation of Chinese Energy Industry Internet Innovation Alliance electricity transactions from purchasing to trading. ② "Green Energy Network" (Version 2.0) Third-party institutions & industry association Grid Enterprises With the trading platform, introduce "Green Certification“ (combined with quota system, form the foundation of carbon trading in the future) and "Green currency" –a virtual money- as certificate to trade online and to get subsidy. ③ "Green Energy Network" (Version 3.0):+ Energy Storage Technology Energy Energy Equipment Manufacturers Internet Companie s ④ "Green Energy Network" (Version 4.0):+ Electric Vehicle ⑤ "Green Energy Network" (Version 5.0):+ Intelligent Electric Appliances ⑥ "Green Energy Network" (Version 6.0):Smart City The 5th Batch of Approved Wind Power Projects Ensures the Market Volume in Following 2 years • On 24 April, NEA issued "the Fifth Batch of Approved Wind Power Projects of the 12th Five Year Plan". The total approved projects’ capacity is 34GW. The total installed capacity of the planned projects in Shandong Province and Yunnan Province are 3096.2MW and 2987MW respectively. • Over 25GW of those projects are planned to start operation in 2016. It ensures the market volume in 2015 & 2016. Total approved capacities of five batches of wind power projects Region distribution of the Fifth Batch Projects Content 1 Macro Environment Analysis of Wind Power Industry 2 State of the Art of Chinese Wind Power Industry • Installed Capacity overview • Major Turbine Manufacturers’ development • Export Markets Distribution of Chinese Wind Turbine 3 Development Prospect of Wind Industry Wind Power Ranked as the Third Largest Energy Resource for Consecutively the Third Year • In 2014, the newly installed wind power capacity is 23,196 MW, attained a year-on-year growth rate of 44.25%. By the end of 2014, the cumulative installed capacity is114,609 MW, reach a year-on-year growth rate of 25.4% • In 2014 the total generated wind power is 153.4 GWh, increased 13.7% compare to last year, and account for 2.8% of total generated power of China. The investment put into wind power projects reached a record level of CNY 99.3 billion, and surpassed the investment of thermal power for the first time. Newly and cumulative installed wind power capacity (2010-2014) Annual generated wind power (2010-2014) Wind Power Distribution in Different Areas • 29 provinces or municipality directly under the central government installed new wind power project in 2014. Among them, Northwest China takes the lead with 39.3% of the whole; East China experiences quick development; and Northeast drops sharply because of rationing problem in the area. • Gansu Province stand out with a newly installed capacity of 3600MW, took 15.6% of the whole country. Regional distribution of newly installed wind power capacity in 2014 Cumulative Installed Wind Power Capacity Distribution in China (by the end of 2014) © 版权所有 新疆金风科技股份有限公司 No. Province 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Inner Mongolia Gansu Hebei Xinjiang Shandong Liaoning Ningxia Shanxi Heilongjiang Jilin Yunnan Jiangsu Guangdong Guizhou Shanxi Fujian Hunan Hubei Anhui Zhejiang Henan Jiangxi Qinghai Shanghai Guangxi Sichuan Tianjin Hainan Beijing Chongqing Tibet Hongkong Total Cumulative capacity/ MW 22301.8 10726.0 9872.4 9668.1 8263.3 7111.1 6154.6 5845.3 5527.2 4651.5 3690.0 3676.7 2758.4 1951.7 1665.9 1652.7 1261.3 1226.5 1039.6 970.1 962.9 642.2 595.5 516.6 477.0 442.0 323.0 310.7 192.5 124.1 7.5 0.8 114608.5 Dynamics of Last Three Years Installed Capacity Regional Distribution (2012--2014) Newly installed capacities region distribution in last 3 years Northeast : newly installed capacity keep dropping because of rationing problem; North China : rebound in Inner Mongolia push a raise of the whole are; Northwest : Gansu and Xinjiang showed outstanding performance; East China : fast growth in Shandong and Jiangsu Northeast North China Northwest East China Southwest Middle China South China Market Share of Different Capacity Wind Turbines • Main size of newly installed wind turbines in 2014 were 1.5MW and 2.0 MW. The proportion of 1.5 MW dropped Market share of different capacity turbines in 2014( newly installed) Capacity/kW Newly installed capacity / MW Market Share the market share of 2.5MW and 3.0MW almost kept the 850 3.4 0.01% same as 2013. 1000 6 0.03% 1500 10671 46.00% 1600 65.6 0.28% 1800 288 1.24% 2000 9522 41.05% 2100 651 2.81% 2200 39.6 0.17% 2300 278.3 1.20% 2500 702.5 3.03% 3000 732 3.16% 3600 93.6 0.40% 4000 132 0.57% 5000 5 0.02% 6000 6 0.03% Total 23196 100% continuously and of 2.0MW kept rising to 41% of the total; Market share Changing of different capacity turbines in last 3 years Market Share of Wind Turbine Manufacturers (newly installed) Ranking Manufacturer 2014 Newly installed Newly installed Ranking capacity/MW capacity/MW 2013 (2014) (2013) 1 GOLDWIND 4434.0 3750.3 1 2 UNITED POWER 2582.5 1487.5 2 3 MINGYANG 2058.0 1286.0 3 4 ENVISION 1962.6 1128.1 4 5 XEMC 1781.0 1052.0 5 1735.6 1014.0 6 1298.0 574.0 9 1144.0 786.7 8 538.8 10 6 7 8 SHANGHAI ELECTRIC DONGFANG ELECTRIC CSIC HAIZHUANG 9 WINDEY 898.0 10 SINOVEL 729.0 7 11 CCEW 705.0 12 12 ENERGINE 700.5 21 13 CSR 610.0 14 SANY 494.5 17 15 HEAG 466.0 14 others 1597.3 23196 TOTAL 343.5 Top 10 newly installed manufacturers in 2014 • 13 In 2014, China's wind industry developed rapidly; GOLDWIND remained at leading position; • ENVISION had outstanding performance, ranked at 4th two years in a row; all foreign manufacturers dropped out of Top 10. Dynamic of Wind Manufactures' Market Shares • Even though GOLDWIND kept its leading position in newly installed capacity in 2014, its market share dropped 4.2% compared to 2013, and it is relatively a deeper drop than other manufactures. The market shares of foreign brands kept dropping. Market share changing of wind turbine manufactures in 2014 Market Share of Wind Turbine Manufacturers (cumulative) Ranking Cumulative Capacity Manufactures 2014 till 2014 (MW) Ranking 2013 1 GOLDWIND 23384.6 1 2 SINOVEL 15805.0 2 11381.0 3 9273.0 4 3 4 UNITED POWER DONGFANG ELECTRIC Top 10 Cumulative Installed Manufacturers (2014) Others 20.6% GOLDWIND 20.4% Gamesa 3.1% ENVISION SINOVEL 3.8% 13.8% Vestas SHANGHAI 4.1% ELECTRIC 4.7% UNITED MINGYANG POWER XEMC 6.6% 9.9% 4.8% DONGFANG ELECTRIC 8.1% 5 MINGYANG 7600.5 5 6 XEMC 5527.5 7 7 SHANGHAI ELECTRIC 5353.1 8 8 Vestas 4749.6 6 9 ENVISION 4383.2 10 10 Gamesa 3597.6 9 11 CSIC HAIZHUANG 3205.5 11 12 WINDEY 2899.3 13 13 CCEW 2750.1 12 GOLDWIND lead with over 20GW cumulative installed 14 CSR 2255.8 15 capacity. SINOVEL and UNITED POWER followed with 15 GE 1869.1 14 over 10GW respectively; Others 10574.7 114609.4 Total • • By the end of 2014, among domestic manufactures, Foreign manufacturers’ growth is relatively limited. Wind Power Developer Newly Installed Capacity Developers’ market share of Newly installed capacity in 2014 Ranking 2014 Developer New installed capacity /MW 2014 Ranking 2013 1 HUADIAN 3329.0 4 2 CGN 2471.0 2 3 HUANENG 2452.0 3 4 CPI 2072.7 1 5 LONGYUAN 1799.7 5 6 GUODIAN 1295.5 10 7 CR POWER 1114.1 9 8 DATANG 890.0 7 9 CTG 572.0 11 10 WANYUAN 500.0 - In 2014, "Big 5 and Small 6" wind farm 11 STATE GRID 455.0 13 developers remain their domestic dominant 12 POWERCHINA 418.5 8 position. HUADIAN, HUANENG, CGN, CPI 13 GUOHUA 397.9 12 14 CWP 392.5 14 15 TIANRUN 357.0 6 others 4679.1 23196 HUADIAN 14.4% Others 28.9% CGN 10.7% WANYUAN 2.2% DATANG 3.8% • HUANENG 10.6% CTG 2.5% CR POWER 4.8% LONGYUAN GUODIAN 7.8% 5.6% CPI 8.9% showed outstanding performance in newly installed capacity; • Newly installed capacity of WANYUAN rose rapidly; and of TIANRUN dropped sharply. Total Wind Power Developer Cumulative Installed Capacity Developers’ market share of cumulative installed capacity in 2014 Developer 1 LONGYUAN 13489.9 1 2 HUANENG 13209.9 2 3 DATANG 11272.9 3 4 HUADIAN 9460.0 4 5 CGN 7439.7 7 6 CPI 7335.5 6 7 GUODIAN 7141.1 5 8 GUOHUA 5281.5 8 9 CR POWER 4351.8 9 10 CTG 2551.5 11 By the end of 2014,cumulative wind 11 TIANRUN 2541.5 10 capacity of LONGYUAN and HUANENG 12 STATE GRID 2358.2 12 passed 13GW respectively, of DATANG 13 POWERCHINA 2109.6 14 passed 11GW; 14 JINGNENG 2090.3 13 For the past few years, CGN and CPI 15 SUNTIEN 1936.7 15 developed rapidly, and surpassed others 22039.4 114609.4 LONGYUAN 11.8% others 28.9% HUANENG 11.5% DATANG 9.8% CTG 2.2% CR POWERGUOHUA 3.8% 4.6% GUODIAN CPI 6.2% 6.4% • • cumulative Ranking capacity (by 2013 2014)/MW Ranking 2014 CGN 6.5% HUADIAN 8.3% GUODIAN by far in annual newly installed wind power capacity. Total Offshore Wind Power Develop Slowly in China Preliminary Offshore Market Structure Shaped • In 2014, the newly installed offshore capacity is 229.3MW and increased 500% compare to 2013. The cumulative installed offshore capacity is 657.9MW, in which 65% was installed in intertidal zone and offshore projects developed relatively slowly. Offshore projects mainly located in Jiangsu and Shanghai, account for 60.2% and 30.5% of total installed capacity respectively. Small amount of installed capacity in other regions, mainly prototype turbines of different manufacturers. • By the end of 2014, the major offshore turbine manufacturers in China are SINOVEL, ENVISION, SHANGHAI ELECTRIC, GOLDWIND, each with over 15% of market. Turbines of SINOVEL、SHANGHAI ELECTRIC are mainly installed in offshore zone, and those of ENVISION and GOLDWIND mainly installed in intertidal zone. China's Installed offshore wind power capacity Manufacturers’ installed capacity and market share on offshore market by the end of 2014 Goldwind, 109.5, 16.3% Siemens, 49.98, 7.6% United Power, 39, 5.9% Shanghai Electric, 111.2, 16.6% Others, 47.2, 7.1% Envision, 131, 19.9% CSIC Haizhuang, 14, 2.1% Mingyang, 11.5, 1.7% Dongfang Turine, 8.5, 1.3% Sinovel, 170, 25.4% XEMC, 7.5, 1.1% SANY, 4, 0.6% GEOHO, 1.7, 0.3% Product Spectrum of Chinese Offshore Wind Turbines (2014) Manufacturer 2.5MW 3MW GOLDWIND 109/121 110/121 129/160-6MW SINOVEL 105/113/121 128-5MW&6MW UNITED POWER 100/120 136/154-6MW 100/108/115 (half direct driven) 6.5MW MINGYANG 100/108/115-2.5/2.75MW (half direct driven) ENVISION 4MW 136 115/128-5MW XEMC SHANGHAI ELECTRIC 5-6MW 116/122-3.6MW 140 DONGFANG ELECTRIC (double- 127/140-5.5MW feed back) CSIC HAIZHUANG 151-5MW Agglomeration of Offshore Wind Farm Developers Ranking Developer Cumulative installed capacity /MW % of Total 1 LONGYUAN 417.48 63.1% • the leading position, followed by Donghai Wind power; • 2 Donghai Wind 195.6 29.6% 3 CTG 12.5 1.9% Among offshore wind farm developers, LONGYUAN takes LONGYUAN mainly developed intertidal wind farms, installed ENVISION 4.0MW and GOLDWIND 2.5MW Turbines, with small amount of other turbines (for example, UNITED POWER 3MW and Siemens 3.6MW turbines) and prototype 4 GUODIAN 9 1.4% 5 SHENERGY 8.6 1.3% t u r b i n e s ( D O N G FA N G E L E C T R I C 5 . 5 M W, C S I C HAIZHUANG 5MW and SHANGHAI ELECTRIC 4MW) • 7 HUANENG 6 0.9% 8 FIDC 5 0.8% 9 DAODA 2.5 0.4% 10 CPI 2 0.3% 11 ZHEJIANG University 1.7 0.3% 12 CNOOC 1.5 0.2% 661.9 100% Total Projects developed by Donghai Wind power are offshore projects (Donghai Bridge Offshore Wind Farm, Phase I and II), with SINOVEL 3.0MW turbines for Phase I and SHANGHAI ELECTRIC 3.6MW turbines for Phase II • Mainly are prototypes turbines of manufacturers, for examples, SINOVEL 6MW, XEMC 5MW and UNITED POWER 6MW turbines. China Strengthen Support to Offshore Wind Projects, and Attract More Regional Energy Companies Participation • According to "Feed-in Tariff Policy of Offshore Wind Power", which issued in June 2014, the feed-in tariffs are: CNY 0.85/ kWh for offshore and CNY 0.75/kWh for intertidal zone; • In December 2014, NEA issued “Off-Shore Wind Power Project Development and Construction National Plan (2014-2016)”. It set development target, and carry out annual development scale guidance management. 10.53GW of offshore wind power capacity was required to be approved in next two years. • In total18 Wind farm developers have planned offshore projects in this Plan. Top 3 developers are GUODIAN (include LONGYUAN), HUANENG, and CGN, with 26.1%, 11.4% and 8.1% of total planned projects respectively. Some local energy companies also will increase their investment in developing offshore wind power projects, for instance FUJIAN Energy, DALIAN Construction & Investment and HEBEI Construction & Investment. Planned offshore wind projects from 2014 to 2016 Developers’ share of planned wind projects 2014-2016 HUADIAN, 50, 5% GUOHUA, 50, 5% HEBEI Construction, 50, 4.7% DATANG, 50, 5% OTHERS, 202.65, 19.2% LONGYUAN, 169.92, 16.1% GUODIAN, 274.92, 26% YUEDIAN, 50, 5% DALIAN Construction, 60, 5.7% FIDC, 60, 5% Jiangsu Fujian Guangdong Hebei Zhejiang Liaoning Hainan Tianjin CGN, 85.2, 8% HUANENG, 120, 11.4% GUODIAN, 105, 10.0% Content 1 Macro Environment Analysis of Wind Power Industry 2 State of the Art of Chinese Wind Power Industry • Installed Capacity overview • Major Turbine Manufacturers’ development • Export Markets Distribution of Chinese Wind Turbine 3 Development Prospect of Wind Industry Product Spectrum of Major Chinese Wind Turbine Manufacturers Manufacturer 1.5-1.8MW 2MW 2.3-2.5MW 3MW-4MW Above 4MW GOLDWIND 70/77/82/87/93 108/115 90/100/103/106/109/121 109/121 128-6MW SINOVEL 60/70/77/82/89 100/110 90/100/105/113 128-5MW&6MW DONGFANG 70/77/82/89/93 87/93/98/108/116 90/100/108 119-3MW 106/110/121 106 127/140-5.5MW 108/120 136/154-6MW TURBINE (direct drive) UNITED POWER MINGYANG XEMC (direct drive) SHANGHAI ELECTRIC ENVISION CSIC HAIZHUANG 77/82/87 77/80/82/86/96 /97 70/77/82/89 73/83/88 62/64/70-1.25 MW 77/82/87/93/10 6 87/96/103/105/115 87/93/100/103/110/11 92/100/108/115-2500/2750 (half 92/100/108/115-3MW 8 direct drive) (half direct drive) 93/104/113/122-2500 104/113-3.6 115/128-5MW 101/113-2.3MW/SWT-2.5-108 116/122-3.6MW 5MW 92/103/115-2.3MW 128-3.6MW E136-4MW 72/82/87/93/96/105/1 12/116 87/93/99/105/111/115 SCD6.5 EN110/121-2.1 En110-/2.2 EN110/115-2.3 82/93/97/102/111/120 103 H151-5MW Major Chinese Wind Turbine Manufacturers Main Product (different model) • 1.5MW and 2.0MW turbines are major newly installed turbines in 2014. Different manufacturers focus on different models. ü 1.5MW as main product ——GOLDWIND,UNITED POWER, DONGFANG ELECTRIC, CCEW, HEAG ü 2.0MW as main product——XEMC, SHANGHAI ELECTRIC, CSIC HAIZHUANG, ENERGINE, CSR, SANY ü 1.5MW & 2.0MW equally——MINGYANG, ENVISION, WINDEY, SINOVEL Newly installed different model of turbines of major manufacturers in 2014 Total Chinese Wind Turbines Passed HVRT & LVRT Test Manufacturer Testing Model Assessing Model GOLDWIND GW70-1500 GW66、GW77、GW82、GW87、GW93 XEME (Xiangtan Electric) XE82-2000(LM40.OP Blade) XE82-2000(HT40B Blade) XE82-2000、XE93-2000(Sungrow) XE93/100/105/112 DongFang Electric FD93B/108-2000 DF110-2500 FD93G UP77/82(LONGYUAN ELECTRICAL Converter) UP 77/8286/93/97 UP96(LONGYUAN ELECTRICAL Converter) UP96/105/115 MingYang MY1.5se(ABB Converter) 82m/1500kW/65m tower MY1.5se(RUINENG Converter) 82m/1500kW/65m tower MY110(RUINENG Converter) MY SCD3.0(MINGYANG LONGYUAN Converter) 100m/ 3000kW/80m MY1.5SE/89/77 MY110 Shanghai Electric W2000-105-80-S WW2000-111-80(Woodward/SHANGHAI ELECTRIC/NARI) Envision EN-110/2.1(GEPC Inverter) EN-110/2.1(Envision Inverter、ABB Generator) EN-110/2.1(Envision Inverter、Siemens Generator) EN-110/2.1/2.2 EN-77/87/93/1.5 Haizhuang Windpower H93-2000 H87/93/102/111-2000 United Power Content 1 Macro Environment Analysis of Wind Power Industry 2 State of the Art of Chinese Wind Power Industry • Installed Capacity overview • Major Turbine Manufacturers’ development • Export Markets Distribution of Chinese Wind Turbine 3 Development Prospect of Wind Industry Chinese Wind Turbine Export Overview • Newly exported turbine capacity is 368.75MW in 2014, dropped 46.5% compare to 2013. The cumulative exported capacity reaches 1761.25MW. • Chinese turbines have exported to 28 countries across six continents. Europe, South America and North America are the main export markets, each with over 20% share of the total exported capacity, followed by Africa. Export to Oceania and Asia areas is relatively slow. Annual newly and cumulative export capacity Regional distribution of exports Chinese Wind Turbine Brands in Overseas Market • 5 Chinese manufacturers exported turbine in 2014. GOLDWIND ranked as No. 1 with over 60% of the total exported capacity. • By the end of 2014, 17 Chinese manufacturers has exported their turbines, with 1761.25MW capacity in total. GOLDWIND did successful job in developing overseas market and has a leading position with 48.3% of the total cumulative exported capacity. New and Cumulative exported capacity of different manufacturers (2014) New Exported /MW Cumulative Exported /MW 223.25 36 91 10.5 853.25 381 245 72 69 61.2 8 14.1 14 10 9 8.4 6.25 6 4.5 4 2.05 1.5 Profile of Chinese Wind Turbine Brands in European Market Regional Distribution of Exported Capacity to European Markets /MW Regional Distribution of Major Turbine Manufacturer Exported Capacity GOLDWIN MINGYA SINOVEL D NG 108 SSE XEMC DONGFAN SHANGHAI G ENVISION HEAG ELECTRIC ELECTRIC 5.25 91.5 49.5 2 50 36 36 20 8.25 4 4.5 3.75 3.6 1.5 Total Exported capacity: 424MW 271.5 63.5 49.5 20 6 4.5 3.75 3.6 1.5 Profile of Chinese Wind Turbine Brands in American Market Regional Distribution of Exported Capacity to American Markets (MW) Regional Distribution of Major Turbine Manufacturer Exported Capacity CSIC GOLD SINOV ENVIS AVIC UNITED HEA NEW LUCKY MINGY HAIZH SANY CCEW WIND EL ION HUIDE POWER G UNITED WIND ANG UANG 169.0 92.0 61.2 6.0 10.0 9.0 4.0 3.0 2.05 1.5 270.0 33.0 10.5 5.34 34.5 16.5 • Chinese turbines exported to North America mainly located in USA. The competition in U.S. markets are fierce, however, only 3 Chinese manufacturers, GOLDWIND, SANY and CCEW achieved bulk, among 4.5 which GOLDWIND took the leading position. ENVISION hasn't exported to U.S. because restriction of intellectual property. 3.0 • 496 92 Manufacturers received good achievements in South American markets, especially in Panama, Chile and Brazil. Total Exported Capacity:735.1MW 61.2 40.5 10.5 10 9 5.34 4 3 2.05 1.5 Chinese Wind Turbines in Other Continents Exported Capacity to Africa, Oceania and Asia (MW) Total Exported Capacity 602.3 MW GOLDWIND 51 SANY 153 SINOVEL SSE • WINDEY GOLDWIND successfully and Asia markets; • 7.5 0.75 293.75 153 15 40 exported to Oceania, Africa XEMC HEAG 49.5 54 MINGYANG NEW UNITED SHANGHAI ELECTRIC 185 69 9 49 10.5 21 8 SANY and SINOVEL exported 8 3 3 2.5 2.5 their turbines to Africa market; • Development in Asia markets is 1.56 relatively slow. 1.5 1.56 1.5 Content 1 Macro Environment Analysis of Wind Industry 2 State of the Art of Chinese Wind Power Industry • Installed Capacity overview • Major Turbine Manufacturers’ development • Export Markets Distribution of Chinese Wind Turbine 3 Development Prospect of Wind Industry Nations Formulate Medium and Long Term Renewable Energy Development Plans Nation U.S. Medium and Long Term Renewable Energy Plan By 2050, 80% of the national power should be renewable energy Denmark By 2050, 100% of the national energy should be renewable energy Germany By 2050, 100% of the energy consumption should be renewable energy France Australia By 2030, 32% of the energy consumption should be renewable energy; and 100% of power consumption should be renewable energy by 2050. Realize100% renewable energy supply. South Africa By 2030, 32% of the installed capacity should be renewable energy By 2050, Renewable Energy Should Account For More Than 60% of China‘s Energy Supply According to "CHINA 2050 HIGH RATIO RENEWABLE ENERGY SCENARIO AND ROADMAP STUDY" by CHINA NATIONAL RENEWABLE ENERGY RESEARCH CENTER • By 2050, China's end-use energy consumption volume will be 3.2 billion tons of standard coal equivalent, in which 62% will be electricity; China’s primary energy supply will be 3.4 billion tons of standard coal equivalent, in which 62% will be renewable energy. • By 2050, non-fossil energy will account for more than 91% of end-use energy consumption, in which installed wind power capacity would be 2400GW. Dynamics of Energy Sources in Primary Energy Consumption High Ratio Renewable Energy Scenario Installed Capacity Wind Power and Solar Power will Become Pillar Source of China's Future Electricity Supply. High Ratio Renewable Energy Scenario Power Generation • By 2050, Under High Ratio Renewable Energy Scenario, China’s national total power generation will be 15.2 trillion kWh, of which 85.8% will be renewable power and 91% will be non-fossil energy. Wind Power and Solar Power Development Phases Under High Ratio Renewable Energy Scenario • By 2050, 2.4 billion kW of wind power and 2.7 billion kW of solar power will be installed, with a total annual output of 9.66 trillion kWh, which will account for 64% of China's total power generation. Wind power and solar power will become main power source of the future green electricity system. Preserving Blue Skies and White Clouds for the Future. © 版权所有 新疆⾦金⻛风科技股份有限公司
© Copyright 2026 Paperzz