The Global Wind Energy Council says by 2021 the world will have 815 gigawatts of wind power generation capacity. Tsvetomira Tsanova reports for Renewables Now that the biggest gains will come in Asisa.
Asia is seen to install 153.5 GW in 2017-2021. Deployment in Europe and North America is seen at 73.5 GW and 61.5 GW, respectively, according to the Global Wind Report: Annual Market Update.
GWEC’s rolling five year forecast sees 59.4 GW of new wind additions this year and the annual market is expected to rise to some 75.3 GW by 2021.
“We are well into a period of disruptive change, moving away from power systems centered on a few large, polluting plants towards markets increasingly dominated by a range of widely distributed renewable energy sources. We need to get to a zero emissions power system well before 2050 if we are to meet our climate change and development goals,” said GWEC Secretary General Steve Sawyer.
Read more here.
Latest posts by Dick Young (see all)
- Four Ways to Win the Investment Horse Race - October 11, 2019
- This is the Most Persuasive Test of High-Quality Investing: Does Your Portfolio Pass? - October 4, 2019
- Are You Confused by the Investment Hype? - September 27, 2019