On 18 October 2016 the Global Wind Energy Council released its latest publication - the Global Wind Energy Outlook. By 2030 wind power could reach 2,1 TW, and supply up to 20% of global electricity, reducing CO2 emissions by more than 3.3 billion tonnes per year, and attract annual investment of about €200 billion. The report outlines scenarios where wind could supply 20% of global electricity by 2030.
More than 1 million people worldwide are employed by the wind industry alone, a 5% increase over last year. Wind employment in the US rose by 21% in 2015 – 12 times faster than overall job creation in the US economy. Renewable energy employment could exceed 24 million people worldwide by 2030.
Asia is the world largest regional wind market with an overall total installed capacity of 175.8GW. In terms of annual installations China maintained its leadership position in 2015 by adding 30.8 GW of new wind power capacity to the grid, the highest annual number for any country ever. Across Europe there are now 147.7 GW installed. By 2030, installed wind capacity power in China may rise up to 666.5 GW, in the US - almost 414 GW, in Europe - to about 399 GW in India - more than 163 GW, according to the report. The global offshore wind industry took a big step forward in 2015, installing more than 3.4 GW, bringing total offshore wind capacity to over 12 GW by the beginning of 2016.
The new report examines the International Energy Agency's central scenario from its World Energy Outlook, the New Policies Scenario, and is compared with the IEA's 450 Scenario, the GWEC Moderate Scenario and the GWEC Advanced Scenario.
"Wind power is the most competitive option for adding new capacity to the grid in a growing number of markets," states Steve Sawyer, Secretary General of Global Wind Energy Council. "But if the Paris agreement targets are to be reached, that means closing fossil fuel fired power plants and replacing them with wind, solar, hydro, geothermal and biomass".
At the beginning of October 2016 the World Wind Energy Association released its 2016 Half Year report for global wind industry. The worldwide wind capacity reached 456’486 MW by the end of June 2016, out of which 21’714 MW were added in the first six months of 2016. All wind turbines installed worldwide by mid-2016 can generate around 4,7 % of the world’s electricity demand.
The global wind capacity grew by 5% within six months (after 5,8 % in the same period in 2015 and 5,6 % in 2014).
In the second half of 2016, an additional capacity of over 40 GW is expected to be erected worldwide, which would bring new annual installations to at least 65 GW, adding just 1,5 GW more than in the previous year. The total installed wind capacity is expected to reach 500 GW by the end of 2016.