BEIJING, Nov 10, 2005 -- SinoCast

 

Wind power is expected to become China's third major power supply by 2020, with an expected installed capacity of 40 million kilowatts, according to an industrial report.

The annual capacity can satisfy the power demand of 80 million people with an estimated production of 80 billion kilowatt hours, and can also help reduce the emission of carbon dioxide by 48 million tons in the country.

The country's goal for the development of wind power is to reach an installed capacity of 20 million kilowatts by 2020.

It was predicted that wind power can take the place of hydropower and become the second major power supply by 2050 when its installed capacity is expected to reach 400 million kilowatts.

Coal, hydropower and nuclear power currently make the three major power supplies in China.

With 43 wind power stations, China had an installed capacity of only 760,000 kilowatts by the end of 2004, and it saw rapid growth in this sector in the previous three years.

The huge Chinese market of the wind power industry is attractive to foreign investors, said experts.

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