China’s Idle Wind Power Curbs Tariff Cuts, Regulator Says
This article is for subscribers only.
Switching off wind turbines in China because their electricity can’t be absorbed by the grid is limiting how much planners can cut incentives given to renewable power producers.
Developers “are unable to meet targeted returns” because of idled capacity in northern China even as wind farm costs have fallen to 8,000 yuan ($1,291) a kilowatt from 9,000 yuan in 2009, Yi Yuechun, deputy chief engineer at the China Renewable Energy Engineering Institute, said in an interview in Shanghai on April 7.