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GWEC: Global wind power growth must triple over next decade to achieve Net Zero USA – English

GWEC: Global wind power growth must triple over next decade to achieve Net Zero USA - English

2020 was a record year for the global wind power industry, but a new report published by GWEC warns that the world needs to install new wind power capacity three times faster over the next decade to achieve global climate targets.

BRUSSELS, March 25, 2021 /PRNewswire/ -- 2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 per cent year-on-year increase - but a new report published by the Global Wind Energy Council (GWEC) warns that this growth is not sufficient to ensure the world achieves net zero by 2050. According to the Global Wind Report 2021, GWEC's 16th annual flagship report, the world needs to be installing wind power three times faster over the next decade in order to stay on a net zero pathway and avoid the worst impacts of climate change.

Through technology innovations and economies of scale, the global wind power market has nearly quadrupled in size over the past decade and established itself as one of the most cost-competitive and resilient power sources across the world. In 2020, record growth was driven by a surge of installations in China and the US – the world's two largest wind power markets - who together installed 75 per cent of the new installations in 2020 and account for over half of the world's total wind power capacity.

Today, there is now 743 GW of wind power capacity worldwide, helping to avoid over 1.1 billion tonnes of CO2 globally – equivalent to the annual carbon emissions of South America.

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