EU: Investigating subsidies for Chinese-made wind turbines
-We cannot tolerate subsidized exports from China-
-Vestas, SGRE, GE are at a disadvantage-
We bring you a summary of Hisashi Katsumata’s World View article.
EU investigates Chinese wind turbines:
The government plans to investigate whether Chinese-made wind turbines will receive subsidies.
The truth is that the EU cannot tolerate China’s government-subsidized exports.
EU environmental policy:
Von der Leyen’s European Parliament will move forward with the enactment of the “European Green Deal”.
This was emphasized in a speech at the European Parliament in September of this year.
1. “The wind power and electric vehicle industries must be European products,” he said.
2. Prioritize protection of EU industry and jobs
Strengthening EU regulations:
The EU has strengthened economic security through measures such as direct investment screening rules and foreign subsidy rules.
We will never tolerate a “lax attitude” toward Chinese-made wind turbines.
EU is wary of China:
They are increasingly wary of the “advance of Chinese-made EVs and wind turbines.”
China has a “dirty backdoor government subsidy.” ”China’s deliberate export promotion measures” stand out.
EU European Parliament elections
There will be European Parliament elections in the EU in June next year.
The top leadership of the EU executive body and the European Commission will change.
If the EU loses out on Chinese EVs and wind turbines, it will allow right-wing advances and affect the Ukraine issue.
We must take a firm stance toward China and expose China’s subsidy policy.
Western turbine manufacturers are at a disadvantage:
1. Vestas in Denmark
2. Spain’s Siemens Gamesa (SGRE),
3. US General Electric (GE)
The three companies mentioned above controlled the majority of the global market share.
Global Wind Council (GWEC) research:
In 2022, the market share of Chinese companies such as Gold Wind will reach just under 60%.
If this happens, Europe and the United States will have no choice but to respond by jointly investigating Chinese government subsidies.
Wind Europe: Chairman Giles Dixon
Serbian wind power tender:
In mid-September, the government took issue with the decision to deliver Chinese-made turbines in the Serbian wind power generation tender.
Made in China is cheaper:
He pointed out that the reason products made in China are cheaper is because they allow deferred payment.
He accused China of undermining Europe’s energy security.
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