The Global Wind Energy Council has released its biennial Global Wind Energy Outlook, showing wind power will generate 20% of global electricity by 2030.
The report estimates wind power capacity to reach 2,110 GW globally and generate up to 20% of the world’s electricity; this will attract around 200 billion euros of annual investment. Last year, global wind installations were worth 433 GW.
An increase in wind capacity promises to be beneficial as it will open up new opportunities; it would also create up to 2.4 million new jobs and help reduce carbon emission by 3.3 billion tonnes a year.
Africa, Latin America and Asia have seen growing renewables markets during the last few years and are potential areas for sustainability and energetic transition.
Looking at Transportation as a major emitter, Lead analyst of the report, Sven Teske, research principal for the Institute for Sustainable Futures at the University of Technology Sydney says:
“The market for electric mobility, both in regard to electric vehicles as well as public transport, will continue to grow significantly and with this electricity demand for the transport sector. Wind power is in a pole position to supply this future power demand making the wind industry one of the key industries of the energy sector.”