2022 MAY 24 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Data detailed on wind turbines have been presented. According to news reporting out of the Energy Development Research Institute by NewsRx editors, research stated, “Public subsidies for offshore wind power will be eliminated in 2022.”
Funders for this research include China Southern Power Grid.
The news journalists obtained a quote from the research from Energy Development Research Institute: “At present, offshore wind power still depends on subsidies. In this new situation, it is necessary to study the influence on the stakeholders and how the offshore wind power industry achieves healthy and sustainable development. Firstly, this paper qualitatively analyzes the impact of the cancellation of state subsidies on offshore wind turbine manufacturers and developers and finds that if there is no subsidy to relay offshore wind power, the development of offshore wind power will stagnate, and the wind turbine manufacturers will face great challenges. Then, by constructing the subsidy demand calculation model and the transmission and distribution price cross subsidy calculation model according to China’s electricity price-related policies, the results show that the local subsidy is basically feasible to continue the national subsidy, and the burden is decreasing year by year, so the relay subsidy should be continued. Based on the cloud model, an evaluation model for the development of offshore wind power benefits from the cancellation of national subsidies is constructed to quantify the impact of the cancellation of overseas subsidies on local governments and power grid enterprises.”
According to the news reporters, the research concluded: “According to the example analysis, under the background of the cancellation of national subsidies, Guangdong has the best development of offshore wind power benefits, which verifies the feasibility of the proposed model.”
For more information on this research see: Research on the Impact of the Cancellation of State Subsidies on Stakeholders of Offshore Wind Power. Mathematical Problems in Engineering, 2022,2022. (Mathematical Problems in Engineering - https://www.hindawi.com/journals/mpe/). The publisher for Mathematical Problems in Engineering is Hindawi Limited.
A free version of this journal article is available at https://doi.org/10.1155/2022/6804943.
Our news editors report that additional information may be obtained by contacting Daoxin Peng, Energy Development Research Institute.
(Our reports deliver fact-based news of research and discoveries from around the world.)