Starting from 2022, the government will no longer provide any policy subsidies for wind power generation, whether onshore or offshore. Except for some relatively wealthy coastal provinces, there will be some local policy support for relatively large offshore wind power projects.
2021 is the last year for wind power generation subsidies. The final 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 the cancellation of wind power subsidies
Although there will be no subsidies for onshore wind power in 2021, a considerable part of wind power has entered the era of parity. , but still maintained rapid 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 market competition.