, China

How will advanced digital solutions boost China’s wind potential?

Advanced digital solutions can cut China’s LCoE by up to 12%, reports said.

Chinese developers and operators have been called on to invest in first-class digital solutions to boost China’s wind potential and end its over-reliance on coal.

In its white paper, the solutions provider, ONYX Insight, said that by investing in dial solutions instead of “quick fix” digital tools, the wind market can realise its maximum productivity and profits.

Specifically, China can cut the levelised cost of energy (LCoE) by up to 12% and save up to 30% on operations and maintenance budgets.

“We know that operators and developers in China are highly receptive to new technologies. They can get ahead of the curve now to ensure they are adopting the right digital solutions, like condition monitoring and data aggregation systems, which seek to drive down maintenance costs,” ONYX Insight wrote.

“This, along with China’s huge project development pipeline, is what will see wind make tangible headway in reducing the LCoE and end China’s reliance on coal,” they added.

Based on government figures, China has connected 10.8 gigawatts (GW) of new wind power capacity to the grid in the first half of 2021. Last year, the county built 71.7GW wind farm capacity, an increase of 60% from 2019.

ONYX Insight warned that huge levels of installed capacity come with a “substantial risk of lost energy if turbines are not optimised to run efficiently.”
 
To ensure that these turbines have the longevity they are capable of—which is about over 30 plus years—and that they deliver maximum production, high-quality digital solutions will be needed, ONYX Insight said.

Follow the link s for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

India’s Rajasthan and Gujarat need policy reforms to fuel RE transition
Some steps they could take are implementing green tariffs and setting infrastructure funds.
Global clean energy tech market to hit $2t by 2035
This is fuelled by investments as countries aim to enhance energy security.The global clean energy technology market is projected to grow from $700b in 2023 to over $2t by 2035, nearing the scale of the crude oil market, according to the International Energy Agency (IEA).This growth is fuelled by significant investments in clean technology manufacturing as countries aim to enhance energy security, maintain economic competitiveness, and cut emissions. Investment is concentrated in regions with established positions in clean energy, particularly China, the European Union, the UK, and increasingly, India.Whilst the US, EU, and India have taken measures to support their clean energy sectors, China is expected to remain the world's manufacturing hub. By 2035, China's clean technology exports are forecasted to exceed $340b—comparable to projected oil export revenues from Saudi Arabia and the UAE.Southeast Asia, Latin America, and Africa contribute less than 5% of global cleantech production value, yet the IEA suggests that these areas still hold opportunities within the clean energy economy. Developing economies, for instance, could leverage competitive advantages to advance in the value chain beyond resource extraction.The IEA said Southeast Asia could become one of the most cost-effective regions for producing polysilicon and wafers for solar panels over the next decade.

Exclusives

Coal-dependent ASEAN told to scale up RE generation
A regional power grid could help governments in their renewable energy transition.
Indonesia told to tap communities in clean energy transition
Solar and wind power managed by villages could generate 96 million jobs over 25 years.
Indonesia to add 90 MW geothermal capacity
Three power plants in West and East Java and North Sumatra will start operating this year.