Tag: Global Wind Report

Wind industry installs record capacity in 2024 despite policy instability

Stuart Mitchell

The Global Wind Energy Council’s flagship Global Wind Report released recently shows that 2024 was a record year for new capacity, with 117 GW of wind energy installed across the world. However, GWEC warned of increasing policy instability in some markets, and pointed to the need to improve permitting, grid transmission and auctioning mechanisms to keep pace with the global trend for electrification, meet countries’ energy and climate targets and lessen reliance on volatile fossil fuels, while fulfilling globally agreed ambitions to triple renewable energy capacity by 2030. GWEC pointed…

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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Stuart Mitchell

The Global Wind Energy Council (GWEC) has published the 15th edition of the Global Wind Report, the wind industry’s flagship publication which provides a comprehensive, global view of the sector through the latest market data, country profiles, trends and analysis. According to the report, 2019 was the second biggest year for wind power historically, with installations of 60.4 GW of new capacity worldwide and year-on-year growth of 19 per cent. The main driver of this growth was market-based mechanisms, with auctioned wind capacity in 2019 surpassing 40 GW worldwide, accounting…

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