Lack of 'conclusive evidence': EU Officials Say Unable to Launch Formal Investigation into Chinese Wind Power

An EU official revealed to Reuters on the 24th October that despite the Chinese wind power industry emerging as a strong competitor to its European counterparts, the EU lacks "very conclusive evidence" to demonstrate unfair competitive behavior, preventing them from launching a formal investigation into the Chinese wind power industry.

As the EU wind power industry gradually loses its leading position, a proposal leaked by the European Commission last week indicates that they are considering a review of foreign subsidies to support the European wind power sector. Reuters reports that this EU official expressed concerns that, following a subsidy investigation into the Chinese electric vehicle industry, China fears the EU might immediately consider punitive measures against other clean energy sectors. This has been interpreted as a foregone conclusion that the EU is taking action.

However, the official mentioned that the European Commission currently lacks the basis for further investigation. Reports they have received and signs they have found suggest financial irregularities. For example, Chinese wind power companies are allowed to defer payments and pay after generating electricity, while European major wind power producers cannot bear the consequences of not receiving project fees for five or six years. This raises suspicions, but there is no conclusive evidence of trade violations.

On the 24th, AFP reported that the European wind power industry is troubled by a lengthy approval process, rising raw material costs, cheaper turbines from abroad, and inflation. To address this, the European Commission has proposed a comprehensive plan for wind power generation, hoping to inject new life into the European wind power industry. One aspect of this plan is to increase opportunities for European manufacturers to construct new wind farms and reduce dependence on China.

The official told Reuters that although the EU wind power industry has been impacted by the U.S. "Inflation Reduction Act," competition from Asia is seen as a greater risk. Previously, the European Commission stated that Chinese wind power prices are on average 20% lower than those of European and American competitors and indicated that they would closely monitor unfair trade practices by foreign manufacturers, not ruling out the possibility of conducting anti-subsidy investigations similar to those in the Chinese electric vehicle sector.

On the 13th October, Wang Yi, a member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs, stated after the China-EU high-level strategic dialogue with EU High Representative for Foreign Affairs and Security Policy Borrell that there are no geopolitical conflicts or major conflicts of interest between China and the EU. Instead, they share extensive common interests and substantial cooperation needs. Both parties should focus their efforts and attention on cooperation and strengthening their partnership.

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