Offshore wind power policy is expected to be introduced during the year

The industry’s expected offshore wind power pricing policy is expected to be introduced this year. Based on the previous experience in the introduction of onshore wind power benchmarking tariffs, the introduction of offshore wind power benchmarking prices will make the forecast for offshore wind power investments more clear, which will help attract more capital to enter the sector.

As of the end of last year, China's inter-tidal wind power installed capacity was 300.5 MW, offshore wind power installed capacity was 128.1 MW, and a total of 428.6 MW of offshore wind projects had been built.

It is worth noting that at the beginning of 2014, the National Energy Administration had just issued the "Notice on completing construction of offshore wind power." In 2014, the Energy Bureau will select some provinces to focus on determining several offshore wind power investment projects. After the offshore wind power has been quiet for several reasons, the Energy Bureau will consider the construction of offshore wind power as one of the important tasks for the whole year.

All indications indicate that in 2014, the wind power industry is expected to usher in continuous good.