Wind energy is a clean and stable renewable energy source. It is the most technologically mature method of power generation with the most development conditions and commercial development prospects in the field of renewable energy. At present, more than 100 countries around the world are actively applying wind energy to generate electricity. June 15th every year is a holiday for wind energy people - Global Wind Energy Day.

The main purpose of Global Wind Energy Day is to widely popularize and publicize wind power science to the public around the world, and advocate the full use of renewable energy. Today, the editor will briefly introduce to you: the development trends of China’s wind power industry in 2023.

Overall, after experiencing a small downturn in 2022, the wind power industry will show a clear recovery trend in 2023, showing trends such as improving demand, continued growth in bidding volume, gradually stabilizing wind power bidding prices, and bottoming out in the capital market. Its growth momentum is so rapid that some researchers in related industries even believe that in 2023, China's wind power may start a "big year of overseas expansion."

Analyzing from the domestic market, this year is still the year when China actively promotes the implementation of dual-carbon policies. According to incomplete statistics from Bank of China Securities, as of April 23, 2023, the scale of new open market wind turbine pre-tenders during the year has reached 54.52GW, exceeding the 51.1GW new tender volume in the first half of 2022. Judging from the bidding volume and the wind power industry plans announced by local governments, the wind power industry will usher in another "explosion".

In the global market, wind energy power generation is growing rapidly and has huge development potential. It is expected that by 2024, the newly installed capacity of global onshore wind power will exceed 100 GW for the first time; by 2025, the newly installed capacity of global offshore wind power will reach a new high, reaching 25 GW. In the next five years, the new global wind power grid-connected capacity will reach 680 GW.

The arrival of the "New Year's Eve" brings opportunities as well as challenges.

Looking back at the cold wave in the wind power industry in 2022, it is mainly due to unfavorable factors such as offshore wind power subsidies, tight supply of large-scale parts and components, and lower-than-expected installed capacity. Among them, supply chain issues such as rising costs of raw materials and tight parts supply are still bottlenecks that may restrict the rapid development of global wind power.

The cost reduction of wind turbines in the past two years mainly relies on increased capacity and lightweight design. However, the cost of materials and steel used in the tower, blades, and gearboxes themselves constitute a very high floor price, and the price of the complete machine is at a maintenance stage. In addition, the increase in transportation costs also reflects the bottleneck of supply chain development.

In addition, in an era of declining subsidies, lower costs mean higher competitiveness. However, low-price competition approaching the cost line has eroded the profits of wind power companies and may also disrupt the normal development of the industrial chain. Some units that are low-priced for the sake of low price, without technical accumulation and reliable platform support, hope to trade "future research and development time" for "current market space", which is also a hidden risk in the supply chain.

The Global Wind Energy Council (GWEC) predicts that the global wind power market will see a period of sustained growth for ten years or more. In response to possible bottlenecks in wind power development, from a national level, more active global cooperation is needed to strengthen the supply of key raw materials and reduce risks, thereby ensuring that the green economic revolution receives the required input during this critical period; for related For downstream enterprises, they must be prepared for danger in times of peace, take precautions, and make advance supplier management and related raw material procurement plans relative to industrial supporting facilities.

As a power supply equipment supplier, we at Leilang Electric are always paying attention to the development trends of the wind energy industry and developing products accordingly according to market demand. Based on our accumulated experience in the electrical equipment manufacturing industry and combined with the actual functional requirements of customer products, we produce transformers and reactor products that satisfy customers.

Our products are stable, reliable, low noise, and low loss. We use high-quality H-class enameled wire and insulating paint, new oriented/non-oriented silicon steel sheets and high-quality auxiliary materials, and use standardized manufacturing processes to ensure stable and reliable product quality.

At present, Leilang Electrical Appliances is in a stage of rapid development and has passed national high-tech enterprise, ISO 9001 management system, product CE certification and other certifications. Our product types are constantly enriched, our production capacity is constantly expanding, and our cooperative enterprises are constantly increasing. To support the development of the wind energy industry, we look forward to working with you!