Chinese Wind Farms- A profitable option to coal?

Global heating is a topic that is debated in every part of the world. The weather has become more extreme. While scientists debate over the reason for those extremes it is no doubt that emission of greenhouse gases are constantly increasing globally. China has in the past years substantially increased their investment in energy to cope with the demands of their booming economy. Much of the increased capacity comes from burning coal in large power plants that generates electricity. At the same time China’s steel industry have seen a rapid increase in terms of annual output. Steel production is another major user of coal. However in this thesis I have focused on the electricity problem and left the steel business outside of the equation. The idea behind the thesis is to find out what it will take to reduce China’s demand for coal and electricity generated from unhealthy coal power stations. How can the coal demand be replaced with renewable energy like wind power? To be able to come to any conclusion it is essential to take a look at the structure of these sectors in China, all the way from governmental policies, laws and available resources down to the pure financial side of a