IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v10y2017i12p2153-d123206.html
   My bibliography  Save this article

The (R)evolution of China: Offshore Wind Diffusion

Author

Listed:
  • Thomas Poulsen

    (Department of Materials and Production, Aalborg University, A.C. Meyers Vænge 15, 2450 Copenhagen SV, Denmark)

  • Charlotte Bay Hasager

    (Department of Wind Energy, Technical University of Denmark, Risø Campus, Frederiksborgvej 399, 4000 Roskilde, Denmark)

Abstract

This research presents an industry level gap analysis for Chinese offshore wind, which serves as a way to illuminate how China may fast track industry evolution. The research findings provide insight into how the Chinese government strongly and systematically decrees state-owned Chinese firms to expand into overseas markets to speed up learning efforts. Insights are offered regarding the nation-level strategic plans and institutional support policies mobilized by China in order to be able to conquer market shares internationally by building a strong home market and then facilitating an end-to-end and fully financed export solution. This is interesting in itself and in particular so because it now also includes complex billion-dollar megaprojects such as turnkey offshore wind farm assets with an expected lifespan of 30+ years. Research findings are provided on how European and Chinese firms may successfully forge long-term alliances also for future Chinese wind energy export projects. Examples of past efforts of collaboration not yielding desired results have been included as well. At policy level, recommendations are provided on how the evolution of the Chinese offshore wind power industry can be fast-tracked to mirror the revolutionary pace, volume, and velocity which the Chinese onshore wind power industry has mustered.

Suggested Citation

  • Thomas Poulsen & Charlotte Bay Hasager, 2017. "The (R)evolution of China: Offshore Wind Diffusion," Energies, MDPI, vol. 10(12), pages 1-32, December.
    • Handle: RePEc:gam:jeners:v:10:y:2017:i:12:p:2153-:d:123206
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/10/12/2153/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/10/12/2153/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Poulsen, Thomas & Lema, Rasmus, 2017. "Is the supply chain ready for the green transformation? The case of offshore wind logistics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 758-771.
    2. Fernando F. Suárez & James M. Utterback, 1995. "Dominant designs and the survival of firms," Strategic Management Journal, Wiley Blackwell, vol. 16(6), pages 415-430.
    3. Cheng-Yu Ku & Lien-Kwei Chien, 2016. "Modeling of Load Bearing Characteristics of Jacket Foundation Piles for Offshore Wind Turbines in Taiwan," Energies, MDPI, vol. 9(8), pages 1-14, August.
    4. Taye Mengistae & Lixin Colin Xu, 2004. "Agency Theory and Executive Compensation: The Case of Chinese State-Owned Enterprises," Journal of Labor Economics, University of Chicago Press, vol. 22(3), pages 615-638, July.
    5. Korsnes, Marius, 2016. "Ambition and ambiguity: Expectations and imaginaries developing offshore wind in China," Technological Forecasting and Social Change, Elsevier, vol. 107(C), pages 50-58.
    6. Utterback, James M & Abernathy, William J, 1975. "A dynamic model of process and product innovation," Omega, Elsevier, vol. 3(6), pages 639-656, December.
    7. Thomas Poulsen & Charlotte Bay Hasager & Christian Munk Jensen, 2017. "The Role of Logistics in Practical Levelized Cost of Energy Reduction Implementation and Government Sponsored Cost Reduction Studies: Day and Night in Offshore Wind Operations and Maintenance Logistic," Energies, MDPI, vol. 10(4), pages 1-28, April.
    8. Garud, Raghu & Karnoe, Peter, 2003. "Bricolage versus breakthrough: distributed and embedded agency in technology entrepreneurship," Research Policy, Elsevier, vol. 32(2), pages 277-300, February.
    9. Lutz, Salla & Ellegaard, Chris, 2015. "The mobilization of supplier resources for complex projects: A case study of routines in the offshore wind turbine industry," Australasian marketing journal, Elsevier, vol. 23(2), pages 107-116.
    10. I-Wen Chen & Bao-Leng Wong & Yu-Hung Lin & Shiu-Wu Chau & Hsin-Haou Huang, 2016. "Design and Analysis of Jacket Substructures for Offshore Wind Turbines," Energies, MDPI, vol. 9(4), pages 1-24, April.
    11. Rasmus Lema & Ambuj Sagar & Yuan Zhou, 2016. "Convergence or divergence? Wind power innovation paths in Europe and Asia," Science and Public Policy, Oxford University Press, vol. 43(3), pages 400-413.
    12. Chen, Yibiao & Wang, Steven Shuye & Li, Wei & Sun, Qian & Tong, Wilson H.S., 2015. "Institutional environment, firm ownership, and IPO first-day returns: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 32(C), pages 150-168.
    13. Klepper, Steven, 1997. "Industry Life Cycles," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 6(1), pages 145-181.
    14. Lema, Rasmus & Berger, Axel & Schmitz, Hubert, 2012. "China’s impact on the global wind power industry," IDOS Discussion Papers 16/2012, German Institute of Development and Sustainability (IDOS).
    15. Jijian Lian & Yaya Jia & Haijun Wang & Fang Liu, 2016. "Numerical Study of the Aerodynamic Loads on Offshore Wind Turbines under Typhoon with Full Wind Direction," Energies, MDPI, vol. 9(8), pages 1-21, August.
    16. Knoerich, Jan, 2010. "Gaining from the global ambitions of emerging economy enterprises: An analysis of the decision to sell a German firm to a Chinese acquirer," Journal of International Management, Elsevier, vol. 16(2), pages 177-191, June.
    17. Thomas Poulsen & Charlotte Bay Hasager, 2016. "How Expensive Is Expensive Enough? Opportunities for Cost Reductions in Offshore Wind Energy Logistics," Energies, MDPI, vol. 9(6), pages 1-23, June.
    18. Ajeyo Banerjee & E. Woodrow Eckard, 1998. "Are Mega-Mergers Anticompetitive? Evidence from the First Great Merger Wave," RAND Journal of Economics, The RAND Corporation, vol. 29(4), pages 803-827, Winter.
    19. Yichao Liu & Daoyi Chen & Qian Yi & Sunwei Li, 2017. "Wind Profiles and Wave Spectra for Potential Wind Farms in South China Sea. Part I: Wind Speed Profile Model," Energies, MDPI, vol. 10(1), pages 1-24, January.
    20. Tyler M. Rooker, 2015. "Corporate governance or governance by corporates? Testing governmentality in the context of China's national oil and petrochemical business groups," Asia Pacific Business Review, Taylor & Francis Journals, vol. 21(1), pages 60-76, January.
    21. Marius Korsnes, 2014. "Fragmentation, Centralisation and Policy Learning: An Example from China’s Wind Industry," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 43(3), pages 175-205.
    22. Lembke B., 1918. "√ a. p," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 111(1), pages 709-712, February.
    23. Flyvbjerg,Bent & Bruzelius,Nils & Rothengatter,Werner, 2003. "Megaprojects and Risk," Cambridge Books, Cambridge University Press, number 9780521009461, September.
    24. Yuan Zhou & Xin Li & Rasmus Lema & Frauke Urban, 2016. "Comparing the knowledge bases of wind turbine firms in Asia and Europe: Patent trajectories, networks, and globalisation," Science and Public Policy, Oxford University Press, vol. 43(4), pages 476-491.
    25. Eero Vaara & Janne Tienari & Rebecca Piekkari & Risto Säntti, 2005. "Language and the Circuits of Power in a Merging Multinational Corporation," Journal of Management Studies, Wiley Blackwell, vol. 42(3), pages 595-623, May.
    26. Pei-Chi Chang & Ray-Yeng Yang & Chi-Ming Lai, 2015. "Potential of Offshore Wind Energy and Extreme Wind Speed Forecasting on the West Coast of Taiwan," Energies, MDPI, vol. 8(3), pages 1-16, February.
    27. Hong, Lixuan & Möller, Bernd, 2012. "Feasibility study of China’s offshore wind target by 2020," Energy, Elsevier, vol. 48(1), pages 268-277.
    28. Yixin Dai & Lan Xue, 2015. "China's policy initiatives for the development of wind energy technology," Climate Policy, Taylor & Francis Journals, vol. 15(1), pages 30-57, January.
    29. Eero Vaara & Janne Tienari & Risto Santti & Rebacca Piekkari, 2005. "Language and the Circuits of Power in a Merging Multinational Corporation," Post-Print hal-02311809, HAL.
    30. Zhang, Sufang & Wang, Wei & Wang, Lu & Zhao, Xiaoli, 2015. "Review of China’s wind power firms internationalization: Status quo, determinants, prospects and policy implications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 1333-1342.
    31. Yichao Liu & Sunwei Li & Qian Yi & Daoyi Chen, 2017. "Wind Profiles and Wave Spectra for Potential Wind Farms in South China Sea. Part II: Wave Spectrum Model," Energies, MDPI, vol. 10(1), pages 1-24, January.
    32. Hong Zhu & Qi Zhu, 2016. "Mergers and acquisitions by Chinese firms: A review and comparison with other mergers and acquisitions research in the leading journals," Asia Pacific Journal of Management, Springer, vol. 33(4), pages 1107-1149, December.
    33. Lebedev, Sergey & Peng, Mike W. & Xie, En & Stevens, Charles E., 2015. "Mergers and acquisitions in and out of emerging economies," Journal of World Business, Elsevier, vol. 50(4), pages 651-662.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Noor Amila Wan Abdullah Zawawi & Kamaluddeen Usman Danyaro & M. S. Liew & Lim Eu Shawn, 2023. "Environmental Sustainability and Efficiency of Offshore Platform Decommissioning: A Review," Sustainability, MDPI, vol. 15(17), pages 1-18, August.
    2. Nezhad, M. Majidi & Neshat, M. & Heydari, A. & Razmjoo, A. & Piras, G. & Garcia, D. Astiaso, 2021. "A new methodology for offshore wind speed assessment integrating Sentinel-1, ERA-Interim and in-situ measurement," Renewable Energy, Elsevier, vol. 172(C), pages 1301-1313.
    3. Elsner, Paul, 2019. "Continental-scale assessment of the African offshore wind energy potential: Spatial analysis of an under-appreciated renewable energy resource," Renewable and Sustainable Energy Reviews, Elsevier, vol. 104(C), pages 394-407.
    4. Florin Onea & Liliana Rusu, 2018. "Evaluation of Some State-Of-The-Art Wind Technologies in the Nearshore of the Black Sea," Energies, MDPI, vol. 11(9), pages 1-16, September.
    5. deCastro, M. & Salvador, S. & Gómez-Gesteira, M. & Costoya, X. & Carvalho, D. & Sanz-Larruga, F.J. & Gimeno, L., 2019. "Europe, China and the United States: Three different approaches to the development of offshore wind energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 109(C), pages 55-70.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Poulsen, Thomas & Lema, Rasmus, 2017. "Is the supply chain ready for the green transformation? The case of offshore wind logistics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 758-771.
    2. Max-Peter Menzel & Johannes Kammer, 2019. "Industry evolution in Varieties of Capitalism: a comparison of the Danish and US wind turbine industries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 28(6), pages 1381-1403.
    3. Attila Havas & Doris Schartinger & K. Matthias Weber, 2022. "Innovation Studies, Social Innovation, and Sustainability Transitions Research: From mutual ignorance towards an integrative perspective?," CERS-IE WORKING PAPERS 2227, Institute of Economics, Centre for Economic and Regional Studies.
    4. Menzel, Max-Peter & Kammer, Johannes, 2017. "Industry Evolution in Varieties of Capitalism: a Comparison of the Danish and US Wind Turbine Industries," Papers in Innovation Studies 2017/9, Lund University, CIRCLE - Centre for Innovation Research.
    5. Lee, Gwendolyn K., 2009. "Understanding the timing of 'fast-second' entry and the relevance of capabilities in invention vs. commercialization," Research Policy, Elsevier, vol. 38(1), pages 86-95, February.
    6. Max-Peter Menzel & Johannes Kammer, 2017. "Industry Evolution in Varieties of Capitalism: a Comparison of the Danish and US Wind Turbine Industries," Papers in Evolutionary Economic Geography (PEEG) 1716, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jul 2017.
    7. Nicholas Argyres & Lyda Bigelow & Jack A. Nickerson, 2015. "Dominant designs, innovation shocks, and the follower's dilemma," Strategic Management Journal, Wiley Blackwell, vol. 36(2), pages 216-234, February.
    8. Bonaccorsi, Andrea & Giuri, Paola, 2000. "When shakeout doesn't occur: The evolution of the turboprop engine industry," Research Policy, Elsevier, vol. 29(7-8), pages 847-870, August.
    9. Alfred Haid & Markus Thomas Münter, 1999. "Neuere Entwicklungen in der industrieökonomischen Forschung und die aktuelle Berichterstattung über die technologische Leistungsfähigkeit Deutschlands," Discussion Papers of DIW Berlin 188, DIW Berlin, German Institute for Economic Research.
    10. deCastro, M. & Salvador, S. & Gómez-Gesteira, M. & Costoya, X. & Carvalho, D. & Sanz-Larruga, F.J. & Gimeno, L., 2019. "Europe, China and the United States: Three different approaches to the development of offshore wind energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 109(C), pages 55-70.
    11. Roger Hayter & Klaus Edenhoffer, 2016. "Evolutionary Geography of a Mature Resource Sector: Shakeouts and Shakeins in British Columbia's Forest Industries 1980 to 2008," Growth and Change, Wiley Blackwell, vol. 47(4), pages 497-519, December.
    12. Tavassoli, Sam, 2015. "Innovation determinants over industry life cycle," Technological Forecasting and Social Change, Elsevier, vol. 91(C), pages 18-32.
    13. Cecere, Grazia & Corrocher, Nicoletta & Battaglia, Riccardo David, 2015. "Innovation and competition in the smartphone industry: Is there a dominant design?," Telecommunications Policy, Elsevier, vol. 39(3), pages 162-175.
    14. Nurmi, Niina & Koroma, Johanna, 2020. "The emotional benefits and performance costs of building a psychologically safe language climate in MNCs," Journal of World Business, Elsevier, vol. 55(4).
    15. Lionel Nesta & Vincent Mangematin, 2002. "Industry Life Cycle, Knowledge Generation and Technological Networks," Grenoble Ecole de Management (Post-Print) hal-03398092, HAL.
    16. Navio-Marco, J & Solorzano-Garcia, M & Urueña, A., 2015. "Language As Key Factor Of Long-Term Value Creation In Mergers And Acquisitions In The Telecommunications Sector," 26th European Regional ITS Conference, Madrid 2015 127170, International Telecommunications Society (ITS).
    17. Murmann, Johann Peter & Frenken, Koen, 2006. "Toward a systematic framework for research on dominant designs, technological innovations, and industrial change," Research Policy, Elsevier, vol. 35(7), pages 925-952, September.
    18. Michaela Trippl & Markus Grillitsch & Arne Isaksen & Tanja Sinozic, 2015. "Perspectives on Cluster Evolution: Critical Review and Future Research Issues," European Planning Studies, Taylor & Francis Journals, vol. 23(10), pages 2028-2044, October.
    19. Antioco, Michael & Coussement, Kristof & Fletcher-Chen, Chavi Chi-Yun & Prange, Christiane, 2023. "What's in a word? Adopting a linguistic-style analysis of western MNCs’ global press releases," Journal of World Business, Elsevier, vol. 58(2).
    20. Najda-Janoszka, Marta, 2017. "Industry Transition - Challenges for Value Capture," MPRA Paper 81919, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:10:y:2017:i:12:p:2153-:d:123206. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.