"Twelfth Five-year Plan": Energetically Develop Wind Power Technology Equipment Industry

Recently, the Outline of the “Twelfth Five-Year Plan” (hereinafter abbreviated as Outline) was issued, and several articles related to wind power industry support policies.

New energy is included in strategic emerging industries, and the outline focuses on the development of wind power technology and equipment industry.

The concentration of wind power companies will increase. In the section “Guiding corporate mergers and reorganizations”, the state emphasizes that it is imperative to promote competitive enterprises to implement strong alliances, cross-regional mergers and reorganizations, and increase industrial concentration. Promote the construction of independent brands, increase the value and effectiveness of brands, and accelerate the development of large enterprises with internationally renowned brands and core competitiveness.

Wind power demonstration base construction accelerated. The Outline stipulates in the section “Implementing Industrial Innovation Development Projects” a group of strategic emerging industry key enterprises and demonstration bases.

Government support continues to increase. The Outline refers to the establishment of strategic emerging industry development special funds and industrial investment funds, expanding the scale of the government's emerging industry venture capital investment, and accelerating the establishment of industry standards and important product technology standards systems that are conducive to the development of strategic emerging industries.

We attach great importance to the integration of wind power. Strengthen grid-connected project construction and effectively develop wind power. Improve the level of local processing and conversion of energy, and adjust the emergency response capacity. To meet the requirements of large-scale cross-regional power transmission and new energy generation and grid connection, speed up the construction of a modern power grid system and further expand the scale of West-to-East power transmission.

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