GWEC Releases Global Wind Report: Annual Market Update

Wind Industry Profile of

Global offshore wind market scores all time high - market up 95%

Today wind power is the most competitively priced technology in many if not most markets worldwide. The emergence of wind/solar hybrids, more sophisticated grid management and increasingly affordable storage begin to paint a picture of what a fully commercial fossil-free power sector will look like.   The Global Wind Energy Council (GWEC) released its Global Wind Report: Annual Market Update today, showing a maturing industry successfully competing in the marketplace, even against heavily subsidized traditional power generation technologies. More than 52GW of clean, emissions-free wind power was added in 2017, bringing total installations to 539 GW globally. With new records set in... ... More: Official Press Release GWEC

Keywords:

GWEC, report, annual market update, cost-competitiveness, market, industry