RED CHINA‘S GREEN DRIVE:
SOLAR & WIND POWER
Johnny Chen
Dominik Ebner
Michelangelo Matteoda
Costanza Sacco
Miikka Simanainen
Energy Black Jack
DOYOU KNOW WHEN TO SAY STOP?
CURRENT SITUATION
DEMAND
PROBLEMS
PLANS
China‘s Hunger for Energy
TOTAL ENERGY CONSUMPTION (FORECAST)
2001-2011
Energy consumption
increased by 136 %
2010
China overtook the United
States as the world‘s
largest energy consumer
2014
China accounts for one fith
of worldwide energy
consumption
Source: Boston Consulting Group, 2013
China‘s Current Energy Mix
ENERGY SOURCES
% of energy
consumption
China continues to be
a carbon society.
»  Coal is the main source of energy and keeps
growing
»  Responsible for 87 % of global increase in coal
consumption from 2003 – 2013
66%
18%
6%
10%
Coal Oil Natural Gas Other
Problems Due to the Current Energy Mix
Air
pollution
Water
pollution
Toxic
Haze
The Government‘s Agenda for Change
2005 2020
Carbon Dioxide
Emissions
per unit of GDP
40% - 45%
[CAT
EGO
RY
NAM
E]
[VAL
UE]
[CAT
EGO
RY
NAM
E]
85%
Total Consumption
of Primary Energy
in 2020
An ambitious plan
Government Initiatives for 2015
21 GW
400 Million m2
100	GW	
5	GW	
SOLAR POWER
WIND POWER
RENEWABLE ENERGY
OVERVIEW
SOLAR
WIND
Renewable Energy in China – An Overview
China is the world‘s
leading country.
Total capacity installed1
INSTALLED CAPACITY
Source: GSR 2014 - Global Status Report on Renewable Energy, 2014
Renewable Energy in China – An Overview
China is the world‘s
leading country.
Total capacity installed1
New installations2
Source: GSR 2014 - Global Status Report on Renewable Energy, 2014
Solar Energy in China
»  Second country for
solar capacity
installed (18 GW)
»  Record of installation
in a year in 2013
(12 GW)
QUICK FACTS
SOLAR PV CAPACITY (+ADDITIONS)
Source: GSR 2014 - Global Status Report on Renewable Energy, 2014
Solar Energy in China
»  Second country for
solar capacity
installed (18 GW)
»  Record of installation
in a year in 2013
(12 GW)
QUICK FACTS
INSTALLED SOLAR POWER CAPACITY
Source: GSR 2014 - Global Status Report on Renewable Energy, 2014
Golden Sun Energy Project
Goal for 2020
»  100 GW = solar power installed by 2020
»  8% total energy demand
»  Boost private market demand for
solar power panels
»  A feed-in tariff = a subsidy per
kilowatt hour (14-16 USD cents)
»  Build efficient power grids for current
installations
Measures to
promote solar
Golden Sun Energy Project
Goal for 2020
»  100 GW = solar
power installed
by 2020
»  8% total energy
demand
»  Boost private market
demand for solar power
panels
»  A feed-in tariff = a subsidy
per kilowatt hour (14-16
USD cents)
»  Build efficient power grids
for current installations
Measures to
promote solar
Average price for
solar panels is dropping.
Wind Energy in China
Total Energy
production
2.6 % of total energy production
WIND
Source: IRENA, 2014
Growth of the Wind Energy Sector
2014
91 GW installed
WINDPOWER CAPACITY (FORECAST)
2010
180 % growth in
installations à overtook
US in capacity
2020
Double current capacity
QUICK FACTS
Source: Economist Intelligenge Unit, 2012
China Invests Heavily in Wind Power.
28.7 % of worldwide capacity 45.6 % of new installations
China installed 4 x the total
capacity of Denmark.
2014
TOP 10 CUMULATIVE CAPACITY TOP 10 NEWLY ADDED CAPACITY
Source: GWEC, 2014
A Glimpse of Wind Power in China
UNRESOLVED ISSUES
POWER GRID
WASTED POTENTIAL
Problems with Renewable Energy
!	
UNSTABLE
SUPPLY
LONG
DISTANCE
GRID
CONNECTIVITY
"	
A lot of energy
is wasted.
Outdated Grid Slows Growth of Renewables
Grid has hit
capacity.
Growth in renewables has
surpassed the grid‘s
capability to absorb and
transmit the energy.
Energy is wasted.
US vs China:
»  Two thirds of the capacity
»  20% more electricity
delivered to grid
	
QUICK FACTS
11 % of energy is unused
Curtailment Rate
10 %
2011: 28%2013: 12%
Not connected
2013
CHINA AS A MANUFACTURER
WIND
SOLAR
The World Leader in Renewables
Wind: Solar
39 GW of Solar35 GW of Wind
In 2013, renewables made up more than 56% of
net additions to global power capacity.
China‘s marketshare
45% 64%
The world‘s factory
China is the leading
manufacturer of renewable
energy technology
Wind Turbine Manufacturing
TOP 10 WIND TURBINE MANUFACTURERS, 2013
China dominates global
turbine manufacturing.
68.40%
26.80%
4.80%
Top 10 Other Chinese Others
Top 10 companies made up 68.4% of the
total market.
Wind Turbine Manufacturing
TOP 10 MANUFACTURERS, 2013
China dominates global
turbine manufacturing.
68.40
%
26.80
%
4.80%
Top 10 Other Chinese Others
23.30%
9.20%
8%
7%
6.50%
6.30%
5.60%
4.90%
3.60%
3.30%
22.20%
Goldwind United Power
MingYang Envision
Xiangtan Shanghai Electric
Sinovel Haizhuang
Donfang Electric Yunda
Other
Chinese manufacturers
constitute over 93% of
the domestic market.
Marketshare,
2013
Solar Manufacturing
0	
10,000	
20,000	
30,000	
40,000	
50,000	
2007	 2008	 2009	 2010	 2011	 2012	 2013	 2014	 2015	 2016	 2017	
Chinese	manufacturers	 Global	producBon	
GLOBAL PV MODUL PRODUCTION, 2007-2013 (in MW)
China became the world‘s
largest manufacturer of
solar panels
2017
estimated manufacturing
capacity of 51 GW à
twice as large as 2010's
global production
QUICK FACTS
2008
2013
64 % market share of
global production
Solar Manufacturing
0	
10,000	
20,000	
30,000	
40,000	
50,000	
2007	 2008	 2009	 2010	 2011	 2012	 2013	 2014	 2015	 2016	 2017	
Chinese	manufacturers	 Global	producBon	
GLOBAL PV MODUL PRODUCTION, 2007-2013 (in MW)
China became the world‘s
largest manufacturer of
solar panels
2017
estimated manufacturing
capacity of 51 GW à
twice as large as 2010's
global production
QUICK FACTS
2008
2013
64 % market share of
global production
China dominatesTop 10
1 Yingli Green Energy China 8.1%
2 Trina Solar China 6.5%
3 Canadian Solar Canada 4.8%
4 Jinko Solar China 4.4%
5 ReneSola China 4.3%
6 Sharp Solar Japan 4.1%
7 First Solar USA 4.0%
8 Hanwha SolarOne China 3.2%
9 Kyocera Japan 3.0%
10 JA Solar China 2.9%
Account for 39 % of
total production.
LOOKING AHEAD
ANALYSIS
CONCLUSION
Analysis
ENERGY DEMAND EFFICIENCY RENEWABLE INDUSTRY
»  In 2030, China’s energy demand
will be 2x Europe’s
»  China produces and consumpts as
much goal as the rest of the world
together
»  Energy security
»  Outdated grid
»  Energy storage
»  Wasted energy
»  Cities far away from sources of
energy
»  Consolidation will continue
»  Innovation and product
differentation
»  Entering to project
development, operations and
maintenance
»  Prices will continue to decrease
Renewables’ share of
electricity generation is
increasing only slowly.
Substantial investments
needed to fully exploit the
new renewable capacity.
Innovative industry leaders
will establish strong market
positions.
THANKYOU FORYOUR
ATTENTION
We are
ready for
your
questions.

Solar energy china

  • 1.
    RED CHINA‘S GREENDRIVE: SOLAR & WIND POWER Johnny Chen Dominik Ebner Michelangelo Matteoda Costanza Sacco Miikka Simanainen
  • 2.
    Energy Black Jack DOYOUKNOW WHEN TO SAY STOP?
  • 3.
  • 4.
    China‘s Hunger forEnergy TOTAL ENERGY CONSUMPTION (FORECAST) 2001-2011 Energy consumption increased by 136 % 2010 China overtook the United States as the world‘s largest energy consumer 2014 China accounts for one fith of worldwide energy consumption Source: Boston Consulting Group, 2013
  • 5.
    China‘s Current EnergyMix ENERGY SOURCES % of energy consumption China continues to be a carbon society. »  Coal is the main source of energy and keeps growing »  Responsible for 87 % of global increase in coal consumption from 2003 – 2013 66% 18% 6% 10% Coal Oil Natural Gas Other
  • 6.
    Problems Due tothe Current Energy Mix Air pollution Water pollution Toxic Haze
  • 7.
    The Government‘s Agendafor Change 2005 2020 Carbon Dioxide Emissions per unit of GDP 40% - 45% [CAT EGO RY NAM E] [VAL UE] [CAT EGO RY NAM E] 85% Total Consumption of Primary Energy in 2020 An ambitious plan
  • 8.
    Government Initiatives for2015 21 GW 400 Million m2 100 GW 5 GW SOLAR POWER WIND POWER
  • 9.
  • 10.
    Renewable Energy inChina – An Overview China is the world‘s leading country. Total capacity installed1 INSTALLED CAPACITY Source: GSR 2014 - Global Status Report on Renewable Energy, 2014
  • 11.
    Renewable Energy inChina – An Overview China is the world‘s leading country. Total capacity installed1 New installations2 Source: GSR 2014 - Global Status Report on Renewable Energy, 2014
  • 12.
    Solar Energy inChina »  Second country for solar capacity installed (18 GW) »  Record of installation in a year in 2013 (12 GW) QUICK FACTS SOLAR PV CAPACITY (+ADDITIONS) Source: GSR 2014 - Global Status Report on Renewable Energy, 2014
  • 13.
    Solar Energy inChina »  Second country for solar capacity installed (18 GW) »  Record of installation in a year in 2013 (12 GW) QUICK FACTS INSTALLED SOLAR POWER CAPACITY Source: GSR 2014 - Global Status Report on Renewable Energy, 2014
  • 14.
    Golden Sun EnergyProject Goal for 2020 »  100 GW = solar power installed by 2020 »  8% total energy demand »  Boost private market demand for solar power panels »  A feed-in tariff = a subsidy per kilowatt hour (14-16 USD cents) »  Build efficient power grids for current installations Measures to promote solar
  • 15.
    Golden Sun EnergyProject Goal for 2020 »  100 GW = solar power installed by 2020 »  8% total energy demand »  Boost private market demand for solar power panels »  A feed-in tariff = a subsidy per kilowatt hour (14-16 USD cents) »  Build efficient power grids for current installations Measures to promote solar Average price for solar panels is dropping.
  • 16.
    Wind Energy inChina Total Energy production 2.6 % of total energy production WIND Source: IRENA, 2014
  • 17.
    Growth of theWind Energy Sector 2014 91 GW installed WINDPOWER CAPACITY (FORECAST) 2010 180 % growth in installations à overtook US in capacity 2020 Double current capacity QUICK FACTS Source: Economist Intelligenge Unit, 2012
  • 18.
    China Invests Heavilyin Wind Power. 28.7 % of worldwide capacity 45.6 % of new installations China installed 4 x the total capacity of Denmark. 2014 TOP 10 CUMULATIVE CAPACITY TOP 10 NEWLY ADDED CAPACITY Source: GWEC, 2014
  • 19.
    A Glimpse ofWind Power in China
  • 20.
  • 21.
    Problems with RenewableEnergy ! UNSTABLE SUPPLY LONG DISTANCE GRID CONNECTIVITY " A lot of energy is wasted.
  • 22.
    Outdated Grid SlowsGrowth of Renewables Grid has hit capacity. Growth in renewables has surpassed the grid‘s capability to absorb and transmit the energy. Energy is wasted. US vs China: »  Two thirds of the capacity »  20% more electricity delivered to grid QUICK FACTS 11 % of energy is unused Curtailment Rate 10 % 2011: 28%2013: 12% Not connected 2013
  • 23.
    CHINA AS AMANUFACTURER WIND SOLAR
  • 24.
    The World Leaderin Renewables Wind: Solar 39 GW of Solar35 GW of Wind In 2013, renewables made up more than 56% of net additions to global power capacity. China‘s marketshare 45% 64% The world‘s factory China is the leading manufacturer of renewable energy technology
  • 25.
    Wind Turbine Manufacturing TOP10 WIND TURBINE MANUFACTURERS, 2013 China dominates global turbine manufacturing. 68.40% 26.80% 4.80% Top 10 Other Chinese Others Top 10 companies made up 68.4% of the total market.
  • 26.
    Wind Turbine Manufacturing TOP10 MANUFACTURERS, 2013 China dominates global turbine manufacturing. 68.40 % 26.80 % 4.80% Top 10 Other Chinese Others 23.30% 9.20% 8% 7% 6.50% 6.30% 5.60% 4.90% 3.60% 3.30% 22.20% Goldwind United Power MingYang Envision Xiangtan Shanghai Electric Sinovel Haizhuang Donfang Electric Yunda Other Chinese manufacturers constitute over 93% of the domestic market. Marketshare, 2013
  • 27.
    Solar Manufacturing 0 10,000 20,000 30,000 40,000 50,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Chinese manufacturers Global producBon GLOBAL PV MODUL PRODUCTION, 2007-2013 (in MW) China became the world‘s largest manufacturer of solar panels 2017 estimated manufacturing capacity of 51 GW à twice as large as 2010's global production QUICK FACTS 2008 2013 64 % market share of global production
  • 28.
    Solar Manufacturing 0 10,000 20,000 30,000 40,000 50,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Chinese manufacturers Global producBon GLOBAL PV MODUL PRODUCTION, 2007-2013 (in MW) China became the world‘s largest manufacturer of solar panels 2017 estimated manufacturing capacity of 51 GW à twice as large as 2010's global production QUICK FACTS 2008 2013 64 % market share of global production China dominatesTop 10 1 Yingli Green Energy China 8.1% 2 Trina Solar China 6.5% 3 Canadian Solar Canada 4.8% 4 Jinko Solar China 4.4% 5 ReneSola China 4.3% 6 Sharp Solar Japan 4.1% 7 First Solar USA 4.0% 8 Hanwha SolarOne China 3.2% 9 Kyocera Japan 3.0% 10 JA Solar China 2.9% Account for 39 % of total production.
  • 29.
  • 30.
    Analysis ENERGY DEMAND EFFICIENCYRENEWABLE INDUSTRY »  In 2030, China’s energy demand will be 2x Europe’s »  China produces and consumpts as much goal as the rest of the world together »  Energy security »  Outdated grid »  Energy storage »  Wasted energy »  Cities far away from sources of energy »  Consolidation will continue »  Innovation and product differentation »  Entering to project development, operations and maintenance »  Prices will continue to decrease Renewables’ share of electricity generation is increasing only slowly. Substantial investments needed to fully exploit the new renewable capacity. Innovative industry leaders will establish strong market positions.
  • 31.