Winds could
change face of power generation
Oct 18, 2005 - China Daily
Author(s): Li Wenfang
GUANGZHOU: Wind turbines could generate enough electricity to power
the southern city of Guanzhou, a Greenpeace report claimed yesterday.
By 2020, winds breezing through Guangdong could be producing 35,000
gigawatt hours of electricity 17 per cent of the province's total 2003
power consumption, and enough to match the provincial capital's yearly
power demands.
The Greenpeace-commissioned report was carried out by Britain- based
wind power consultancy company Garrad Hassan and Partners Ltd in
co-operation with Sun Yat-sen University in Guangzhou.
With a long coastline and numerous islands, Guangdong could match
Germany for wind-power generation, said Gao Hui, China project manager
for Garrad Hassan.
The significant potential for developing wind energy in the province
also comes from factors such as its rapid economic growth and favourable
fund-raising environment, said Li Junfeng, secretary- general of the
China Renewable Energy Industries Association.
Accounting for about one-tenth of China's economic volume, Guangdong
posted 12.6 per cent economic growth in the first half of this year.
Government figures predict power consumption in Guangdong will grow
by 15 per cent this year.
The province has been facing electricity shortages, with supply not
expected to meet demand until 2007.
If Guangdong produces 20-gigawatts of wind-generated electricity
annually by 2020, carbon dioxide emissions could be reduced by 29
million tons each year, the report says.
Wind turbines could also provide sound returns to investors, said Yu
Zhi, a professor at Sun Yat-sen University.
As wind costs nothing, investors could expect a return on their
investment in about 12 years, with an investment return ratio of 8 to 10
per cent over the 20 year lifespan of the project, said Yu.
This compares well with the 6 to 8 per cent return ratio of fossil
fuel and hydroelectric power projects, he added.
The risks in wind power projects, Yu said, lie in the availability of
related technology, the quality of the turbines and natural disasters
such as typhoons.
The pace of the development of wind power is also subject to
government policies, including the pricing of wind-generated
electricity.
Guangdong ranks fourth among Chinese provinces in terms of installed
wind power capacity, says the report.
It had a total capacity of 86 megawatts, generated by three wind
farms comprising a total 179 turbines, at the end of last year.
Guangdong has drafted its own target of 3,000 megawatts by 2020.
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