Wednesday 19 October 2016

Wind Could Supply 20% of World Electricity by 2030

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Wind power could supply up to 20 per cent of global electricity by 2030 owing to dramatic cost reductions and efforts to check climate change, said a Global Wind Energy Council (GWEC) report released on Tuesday. 

 

"By 2030 wind power could reach 2,110 GW, and supply up to 20 per cent 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," GWEC said in a release here. 

 

"Now that the Paris (climate talks) Agreement is coming into force, meeting the targets means a completely decarbonised electricity supply well before 2050, and wind power will play the major role in getting us there," said GWEC Secretary General Steve Sawyer. 

 

"Wind power is the most competitive option for adding new capacity to the grid in a growing number of markets," he added. 

 

The report said total global wind power installations stood at 433 GW by the end of 2015, up 17 per cent from a year earlier, and are set to rise by around 60 GW in 2016.

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