Economics of renewable - China leads world's biggest increase in wind power capacity

The scale of Chinese development in many sectors is staggering - and when they put their mind to something, they generally do it.

In this instance, the extent to which China has adopted wind power in the recent past is breathtaking. China has built wind farms with a total capacity of 100GW, which represents a 60% increase on the previous year.

""A study has revealed that China led the world’s biggest ever increase in wind power capacity as developers built almost 100GW worth of wind farms last year – enough to power almost three times the number of homes in the UK."

On the flip side, China has also built two-thirds of the world's operating coal power plants, and in the first six months of 2020, it was also responsible for 90% of coal plants under construction.

It's a vexed picture - positive on the one hand, and yet...