The US emerged as one of many high markets for brand new wind power installations.
That is in keeping with the International Wind Power Council (GWEC)’s global wind report 2024which analyses the expansion of wind power worldwide.
In keeping with the report, year-on-year enlargement was noticed throughout 54 nations spanning all continents.
International put in onshore wind capability surpassed the 100GW mark for the primary time, with a year-on-year progress price of 54%, whereas offshore wind installations additionally carried out strongly, reaching a complete of 10.8GW throughout 2023.
The cumulative world wind energy capability exceeded the 1-terawatt (TW) milestone, reaching a complete of 1021GW, with a year-on-year enhance of 13%.
GWEC has revised its progress forecast for the interval between 2024 and 2030 upwards by 10%, projecting a complete capability of 1,210GW. The forecast was up to date as main economies at the moment are establishing nationwide industrial insurance policies centered on gathering momentum in offshore wind.
Nonetheless, the report emphasises that the business must triple this yearly progress price, that means it has to put in not less than 320GW of recent capability yearly by 2030. That is needed to achieve net-zero emissions by 2050, aligning with the worldwide temperature aim of limiting warming to 1.5C.
Regional progress on wind power
Final yr, China emerged as a dominant participant within the business, setting a brand new file with 75GW of recent installations.
The opposite high markets for brand new wind installations included the US, Brazil, Germany and India.
The Asia-Pacific area skilled appreciable progress, pushed primarily by China, with a 106% year-on-year enhance in installations.
Latin America additionally noticed progress, with a 21% enhance in installations, led by Brazil. Wind installations in Africa and the Center East surged by 182% in comparison with the earlier yr.
Suzlon Power’s vp Girish Tanti stated: “The International North, which has largely shouldered the inexperienced power revolution thus far, requires the International South’s help and potential in cost-efficient expertise and provide chain to capitalise on renewable power’s true potential.
“Renewable energy is the equaliser that our fragmented world needs right now as it can decentralise power generation, secure millions of new jobs, and meet the basic necessities of clean air and good health for all.”
A necessity for greater political certainty
Final yr, on the UN’s local weather summit hosted in Dubai, more than 100 countries signed up to a commitment to keep the 1.5C pathway of the Paris Agreement alive by pledging to triple world renewable capability and doubling the annual price of power effectivity enhancements by 2030.
Nonetheless, a recent survey of 1,300 senior energy professionals globally discovered that just about two-thirds determine political uncertainty as the first risk to the business over the subsequent yr.
In 2024, elections are scheduled in additional than sixty nations, collectively representing roughly half of the worldwide inhabitants.
GWEC has referred to as upon policymakers to craft focused insurance policies that sort out progress obstacles inside the power sector, together with planning bottlenecks, grid congestion and inadequately structured auctions.
