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Govt looking at new ways to set prices for wind power

By Zhou Yan and Du Juan | China Daily | Updated: 2011-12-15 07:55

Govt looking at new ways to set prices for wind power

A worker paints wind turbines in Yumen, Gansu province. The National Energy Administration said China aims to have the capacity to generate 5 gigawatts of electricity from offshore wind facilities by 2015. Doug Kanter / Bloomberg

BEIJING - China is looking at abandoning the use of public auctions to set the price for offshore wind power projects, said an official from the National Energy Administration.

Govt looking at new ways to set prices for wind power

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