From 2022, the government will no longer provide any policy subsidies for wind energy production, whether onshore or offshore. With the exception of some relatively wealthy coastal provinces, relatively large offshore wind energy projects will enjoy some local political support.
2021 is the last year for wind energy production subsidies. The last year for offshore wind subsidies to be precise. In fact, 2020 is the last year of subsidies for onshore wind power generation. This subsidy mainly refers to government financial subsidies.
The impact of canceling wind energy subsidies
Although there are no energy subsidies onshore wind power in 2021, a considerable part of wind power has been entered the era of parity, but still maintainedrapid growth. In fact, with the continuous improvement of wind power generation technology and efficiency, the power of wind turbines continues to increase, and its cost per kilowatt hour of electricity has shown obvious advantages in competition on the walk.