04/12/2023

GWEC publishes Global Wind Report

Decisions made by policy makers will have a decisive impact on whether the world will be able to carry out the energy transition within the necessary time frame, and the cost of the transition.

Official Press Release GWEC:

Policymakers must act now to avoid supply chain challenges stalling record years of new wind energy capacity

Wind Industry Profile of

An enormous 680 GW of new capacity is forecast to be installed by 2027

The wind industry can expect record installations in both onshore and offshore markets by 2025 with 680 GW of new capacity expected by 2027. Policymakers need to act now to avoid a supply chain bottleneck stalling the deployment of wind energy from 2026. Those supply chain challenges could imperil hopes of the world reaching key 2030 climate targets – a key stop on the journey to net zero by 2050. After a disappointing year in 2022, a fast evolving policy environment has set the scene for a period of accelerated deployment over the coming years, with the industry set to install 136 GW per year, reaching a compound growth rate of 15pc. As the Global Wind Report demonstrates, there is... ... More: Official Press Release GWEC