China: Rise in offshore wind power capacity to boost heavy plates demand

China aims to increase its deep-sea wind power generation capacity to 2.45 billion kilowatts (kW) at a depth of 50 metres or more, as was stated in the ‘China Wind Power Roadmap 2050’.

Interestingly, this could increase China’s demand for heavy plates, which are required in manufacturing wind turbine blades. 

Also, the ‘14th Five-Year Renewable Energy Generation Plan’, released in early-June, promotes growth of offshore wind power business and improvement in power generation.

China has 47 offshore wind power projects under construction with a generating capacity of more than 18 gigawatt (GW) as of end-May, 2022.

Region-wise projects and their capacities

  • Guangdong province: 17 projects with 9.7 GW capacity
  • Shandong province: 8 projects with 3.3 GW capacity
  • Jiangsu province: 11 projects with 2.7 GW capacity
  • Zhejiang province: 7 projects with 2.3 GW capacity
  • Fujian province: 3 projects with 0.69 GW capacity
  • Shanghai: 1 project with 0.3 GW capacity

China’s renewable energy generation capacity comprised more than 1 billion kW in CY2021. Furthermore, it is anticipated that the annual renewable energy generation will surpass 1 trillion kW.

The Global Wind Energy Council (GWEC) estimates that 80.02% of the 21.1 GW of new offshore wind power capacity in CY2021 will be in China.

China’s share in the global renewable energy market will be around 45%, and the global offshore wind power generation capacity is expected to be 12.6 GW in CY2022.

Shanghai Ganglian, a commercial company based in China, predicts that the demand for heavy plates (Q355D and Q355E) will increase by 1.12 mnt this year, due to rise in offshore wind power generation capacity by 5.6 GW against last year.

Note: This article has been published in accordance with an article exchange agreement between Steel Daily and SteelMint.


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