- Published: 18 October 2016 18 October 2016
The Global Wind Energy Council has released its biennial Global Wind Energy Outlook, outlining scenarios where wind could supply 20% of global electricity by 2030. The report looks at four scenarios exploring the future of the wind industry out to 2020, 2030 and 2050. By 2030 wind power could reach 2,110GW, and supply up to 20% of global electricity, creating 2.4 million new jobs and reducing CO2 emissions by more than 3.3 billion tonnes per year, and attract annual investment of about €200 billion.
With dramatic price decreases in recent years for wind, solar and other renewables, a decarbonised power sector is not only technically feasible, but is economically competitive as well. New markets are developing rapidly across Africa, Asia and Latin America, supplying clean energy to support sustainable development. Decarbonising the global energy system includes the transport sector as a major emitter of carbon. The market for electric mobility, both in regard to electric vehicles as well as public transport, will continue to grow significantly and with this electricity demand for the transport sector. Wind power is in a pole position to supply this future power demand making the wind industry one of the key industries of the energy sector. Global wind energy installations totalled 433GW as of the end of 2015, and the industry is set to grow by another ~60GW in 2016.