风电退役潮

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【新华财经调查】风电退役潮催生千亿级市场 行业或迎技术革新与生态重构
Xin Hua Cai Jing· 2025-07-16 12:42
Core Insights - The "China Renewable Energy Development Report 2024" indicates that by 2025, an additional 280 million kilowatts of wind and solar power capacity is expected to be installed, driven by large-scale wind-solar bases and distributed energy penetration [1][2] - The wind power industry is transitioning from merely supplying equipment to offering comprehensive services, including recycling and upgrading, as a response to the impending retirement of early wind projects [1][3] Industry Trends - The upcoming retirement of older wind turbines is expected to create a significant market for upgrades, with a potential scale of 93 GW over the next decade, translating to a market increment of over 180 billion yuan for the wind turbine manufacturing sector [1][2] - In 2024, approximately 8.7 GW of wind farm upgrade projects have been approved, with 3 GW already completed and 5.7 GW pending implementation by 2025 [2] Market Dynamics - Despite the anticipated growth in the wind turbine market, actual orders for upgrades and replacements have been limited, with only about 3 million kilowatts of actual retirements and upgrades last year, representing less than 10% of the theoretical market potential [4][5] - The industry is facing a "revenue growth without profit" dilemma, as evidenced by declining profit margins among major wind turbine manufacturers despite increasing revenues [7][9] Technological Innovations - Companies are focusing on developing recyclable wind turbine blades, with some already achieving mass production capabilities [5][6] - The introduction of comprehensive service models, such as "old-for-new" exchanges and lifecycle management, is becoming more prevalent, allowing companies to maximize the value of equipment throughout its lifecycle [9][10] Competitive Landscape - The competition in the wind power sector is intensifying, with companies needing to innovate and enhance their service capabilities to maintain profitability [10] - The shift towards a full-chain service model is seen as a way to mitigate the adverse effects of price competition and improve overall industry health [9][10]