China Cuts 2020 Target for Offshore Wind by 60%
China slashed its forecasts for offshore wind power by 60 percent, an acknowledgment that installations are being held up by the cost and complexity of the technology.
The nation is expected to install about 2,000 megawatts of capacity by 2015 and 10,000 megawatts by 2020, the National Energy Administration estimates. Thats less than the ambition in 2011 to generate 5,000 megawatts of power from offshore turbines by 2015 and 30,000 megawatts by 2020, enough for 32 million homes.
The estimates if they hold true would mark the first time China has missed one of its goals for renewable energy and is a setback for the $15 billion industry, which is seeking to produce a clean supply of electricity from one of natures most reliable energy sources.
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China is moving slowly with offshore wind after its onshore wind industry expanded so quickly that the power infrastructure couldnt keep up. As much as 12 percent of its onshore wind turbines werent connected to the grid in 2013. Another 11 percent of the turbines had grid connections and were idled because transmission lines couldnt handle all the output.
http://www.bloomberg.com/news/2014-10-22/china-cuts-forecast-for-offshore-wind-power-by-60-.html