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Currently, the world is moving rapidly toward carbon neutrality, and renewable energy technology is very important in carbon neutrality. Among various renewable energy technologies, wind power is attracting much attention due to its sustainability, resource abundance, and high applicability. This study analyzed wind power patents from 2010 to 2021 to derive current global originality and convergence information. For IP5 countries, the growth stages of technology and the patent convergence networks were inferred by time series analysis and an association rule mining algorithm, respectively. The results showed that, during the analysis period, about 5000 patents were applied on annual average, and it was analyzed that China held the most patents at 48%, followed by the US, Europe, Korea, and Japan. According to the technology convergence network of patent codes from all the IP5 countries, patents related to 'wind turbines with rotation axes in the wind direction' occupied a very central position, and 'power conversion electric or electronic aspects' and 'integration of patents related to renewable energy sources in buildings with wind power' were found to show high connection strength. By country, it was analyzed that the US and China showed high patent competitiveness onshore and possessed many 'independent power conversion cluster' technologies. The research hypothesis was that technology development trends can be analyzed and the characteristics of each country can be understood through patent analysis in the wind power field. This hypothesis was analyzed through various patent analysis techniques, and this paper has novelty in that it presents the global megatrend in the wind power field through patent analysis and quantitatively presents the current status of technology development in five major countries. [ABSTRACT FROM AUTHOR]

Green bonds have increasingly been utilized around the world as a source of financing for renewable energy development, designed with compliance requirements and measurable economic returns to investors, while mitigating climate change. However, the efficacy of green bond arranged in the emerging economies for financing renewable energy assets and how the underlying risks are managed have remained to be explored. The paper aims to examine the evolving green financial system sponsored by both public and private institutions in managing such risks within China's emerging economy. A case study of green financing for a bundle of wind power assets led by a state-owned enterprise (SOE) reveals an alternative approach by structuring public–private collaboration while stipulating market-based financial incentives to institutional stakeholders under a political economy. This institutional consortium is composed of a state development bank, a commercial bank, credit rating agencies, institutional and private investors, regional power purchasers, and carbon trading entities. Financial stakeholders' risk in such emerging sustainable investment is moderated by these participating institutions and structured "upsides" from carbon trading aligned with the framework of green finance and standards for green bond development. The results reveal the potentials of scaling up the development of renewable energy by adequately managing and sharing key risks, while allocating substantial funding into renewable energy projects under such a green financial system that is to be complementary with a scalable post COVID-19 economic recovery. [ABSTRACT FROM AUTHOR]

This study analyzed the determinants that impact innovation on offshore wind energy (OSW) for a select group of countries, applying mixed-method approaches for a period between 2011 and 2021. The OSW sector witnessed cost reductions in recent years; therefore, this study analyzed how these factors impact technological innovation in the OSW sector. The fixed effects results proved trademark, carbon emissions, offshore wind capacity, and electricity from renewable energy, technical and scientific journals are significant and impact innovation regarding offshore wind energy. The maximum likelihood (MLE) coefficients are more robust than the restricted maximum likelihood (MREL) and better explained the significance of the variables in spurring OSW innovation. Ultimately, the interaction term "cross" came out significant in the analysis. It signified the importance of the interaction variables in scaling innovation. Similarly, the study forecasted OSW capacity additions to grow to more than 28GW by 2036, at a 48.8% growth rate, from the current over 55 G.W. capacity. Additionally, the infrastructure development of the OSW sector via a fitted line between total global offshore capacity and the development projects observed a negative relationship among these dual factors evaluated in the OSW, showing a decreasing trend of capacity additions among countries, as well as the fitted line relationship between total country OSW capacity and operational projects showed that China leads the globe with operational OSW projects. At the same time, Brazil is the new leader in the world regarding OSW capacity. The general analysis of the parameters of the OSW infrastructure plan showed the sector is declining regarding secured projects, development projects, operational projects, and capacities additions in some countries. However, global total capacity additions are on a steady path, declining a bit. This is attributable to the pandemic that slowed the global economy. This study will serve as a reference document for policy formulators regarding scaling up innovation for offshore wind energy. [ABSTRACT FROM AUTHOR]

[Display omitted] • A method for spatiotemporal coordination of multienergy systems is proposed. • Virtual energy storage gain is calculated based on spectral analysis. • The hydropower regulation ability affects the virtual energy storage gain. • The optimal coordination range between multiple energy sources is obtained. Utilizing the spatial heterogeneity and climate periodicity of various available renewable energy sources can enhance the multienergy complementarity, which will further reduce the energy storage demand and contributes to the "virtual energy storage gain." In this paper, we propose a spatiotemporal coordination method based on spectral analysis for a wind-PV-hydropower system that targets the maximum virtual energy storage gain. The complementary effect of hydropower on wind and PV power can be seen as changes in the regulation ability resulting from the hydropower construction development as well as a decreased variance in the total system production output. This method is used to determine the optimal coordination distance of multiple energy sources that are matched over different periods representing typical climate variation. A case study in the Yalong River basin in China obtains the best range of hydropower bundling surrounding wind power and PV power stations under different hydropower construction planning scenarios, and it reveals that increased regulation capacity of hydropower will reduce the optimal coordination distance but can achieve more energy balance if both actual storage and virtual storage is accounted for. This approach can realize energy delivery with the optimal coordination distance to meet intensive and efficient development needs, which can provide guidance and support for the planning and construction of wind-PV-hydropower storage systems. [ABSTRACT FROM AUTHOR]

Abstract: Renewable energy is one of the possible solutions when addressing climate change. Today, large-scale renewable energy integration needs to include the experience to balance the discrepancy between electricity demand and supply. The electrification of transportation may have the potential to deal with this imbalance and to reduce its high dependence on oil production. For this reason, it is interesting to analyse the extent to which transport electrification can further the renewable energy integration. This paper quantifies this issue in Inner Mongolia, where the share of wind power in the electricity supply was 6.5% in 2009 and which has the plan to develop large-scale wind power. The results show that electric vehicles (EVs) have the ability to balance the electricity demand and supply and to further the wind power integration. In the best case, the energy system with EV can increase wind power integration by 8%. The application of EVs benefits from saving both energy system cost and fuel cost. However, the negative consequences of decreasing energy system efficiency and increasing the CO2 emission should be noted when applying the hydrogen fuel cell vehicle (HFCV). The results also indicate that developing renewable energy is crucial for transportation electrification. [Copyright &y& Elsevier]

Abstract: As an important renewable energy, wind power has been paid more and more attentions in China recent years, in order to weaken the influence of climate change. We should know exactly the benefits wind power can produce, before government formulates relevant policies to accelerate its deployment. In this paper, we calculate the quantity of fossil energy saving and pollutant abatement in its life cycle, comparing with the baseline technology, i.e. 600MW coal-fired thermal power. Considering the damage cost of the pollutants, we can assess the benefits of development of wind power. By our model, we know that wind power can save 0.3839 kgce and avoid 0.203 yuan environmental cost when it generates 1 kWh electric quantity, comparing with coal-fired thermal power. [Copyright &y& Elsevier]

Can public agencies efficient facilitate sustainable energy strategies that can be used to increase the efficiency of global climate policy? We focus on the specific case of climate partnership between Denmark, a global leader within wind power, and China, the world's largest CO2 emitter. Based on theory and empirical data, we argue that the strategy of climate partnership can help both partners obtain a more sustainable energy policy with a larger positive effect on climate change as well as increase the income of both state and businesses through an increased level of green exports. The climate partnership model between Denmark and China, as facilitated by the Danish Energy Agency, creates such a win-win situation supported by the main stakeholders. This low-cost policy suggests that public agencies worldwide such as the European External Action Service (EEAS) should expand the number of such efficient climate partnerships. [ABSTRACT FROM AUTHOR]