China, Norway and Offshore Wind Development
"China, Norway and Offshore Wind Development", a study published by WWF Norway, outlines the status of offshore wind power development in China and looks at how the Norwegian offshore industry can contribute to speed it up.
Today China is the world's fastest growing market for renewable energy. China's annual offshore wind energy generation potential is 11,000 TWh, similar to that of the North Sea. The study estimates that in the next decade China will install 30 GW of offshore wind energy generation capacity. This could mitigate 1.3 billion tons of CO2 over the 20 year asset lifetime (more than the total Norwegian emissions forecast over the same period).
To unleash China's potential and speed up development of offshore wind energy production, however, bridges must to be built between stakeholders with the relevant experience and the best available technology and policy makers and project developers in China.
This study puts forward possible ways for future cooperation between China and Norway - a country with a world leading offshore industry cluster - in order to leverage mutual strengths to upscale and commercialize offshore wind technology for the global market.