China’s wind energy pricing policy must be overhauled

China’s current wind power pricing mechanism must be overhauled, according to a report released jointly by the Chinese Renewable Energy Industries Association (CREIA), Greenpeace and the Global Wind Energy Council (GWEC).

The report, titled “A Study of the Pricing Policy for Wind Power in China”, reviews the development of wind power and its pricing system in China. It looks closely at state-sponsored wind concession projects. The report says the tendering system used for wind power pricing is unclear and has had a negative impact on investment.
Xinhua