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The market challenge of wind turbine industry-renewable energy in PR China and Germany

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  • Chang, Victor
  • Chen, Yian
  • (Justin) Zhang, Zuopeng
  • Xu, Qianwen Ariel
  • Baudier, Patricia
  • Liu, Ben S.C.

Abstract

This paper presents the role of global Industry 4.0 technology management in the growth of the wind turbine industry. The article begins with a brief overview of the Industry 4.0 wind turbine industry development, focusing on factors shaping this development. The legal policies are identified as one of the significant factors, especially in PR China and Germany. A detailed secondary data analysis of the country-specific systems is presented, followed by the analysis of patents and companies in both countries to understand better how the development, management and transfer of technology affected the different factors and the global patterns. An effective approach of acquiring technology for local enterprises as well as market development entry mode for the foreign technology holding companies are both identified. Accessing technology through licensing, entering joint ventures, or acquiring knowledge-intensive companies can be identified as common and often successful industry approaches. To develop, obtain, or maintain competitive advantages in the wind turbine industry, we suggest that the governments issue relevant legislation and regulations to support the upgrading of the industry, and the enterprises can access and manage the technology through the approaches mentioned above.

Suggested Citation

  • Chang, Victor & Chen, Yian & (Justin) Zhang, Zuopeng & Xu, Qianwen Ariel & Baudier, Patricia & Liu, Ben S.C., 2021. "The market challenge of wind turbine industry-renewable energy in PR China and Germany," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    • Handle: RePEc:eee:tefoso:v:166:y:2021:i:c:s0040162521000639
    DOI: 10.1016/j.techfore.2021.120631
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    References listed on IDEAS

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    1. Fan, Xiao-chao & Wang, Wei-qing & Shi, Rui-jing & Li, Feng-ting, 2015. "Analysis and countermeasures of wind power curtailment in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1429-1436.
    2. Yuan, Jiahai & Na, Chunning & Xu, Yan & Zhao, Changhong, 2015. "Wind turbine manufacturing in China: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 1235-1244.
    3. Haitem Fargani & Wai Ming Cheung & Reaz Hasan, 2018. "Ranking of factors that underlie the drivers of sustainable manufacturing based on their variation in a sample of UK manufacturing plants," International Journal of Manufacturing Technology and Management, Inderscience Enterprises Ltd, vol. 32(3), pages 297-311.
    4. Liao, Cuiping & Jochem, Eberhard & Zhang, Yi & Farid, Nida R., 2010. "Wind power development and policies in China," Renewable Energy, Elsevier, vol. 35(9), pages 1879-1886.
    5. Zhao, Zhen-yu & Yan, Hong & Zuo, Jian & Tian, Yu-xi & Zillante, George, 2013. "A critical review of factors affecting the wind power generation industry in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 499-508.
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    Cited by:

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    2. Davood Askarany & Hassan Yazdifar & Kevin Dow, 2021. "B2B Networking, Renewable Energy, and Sustainability," JRFM, MDPI, vol. 14(7), pages 1-13, June.
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    4. Govindan, Kannan, 2023. "Pathways to low carbon energy transition through multi criteria assessment of offshore wind energy barriers," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    5. Li, Jiale & Song, Zihao & Wang, Xuefei & Wang, Yanru & Jia, Yaya, 2022. "A novel offshore wind farm typhoon wind speed prediction model based on PSO–Bi-LSTM improved by VMD," Energy, Elsevier, vol. 251(C).

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