Discover our latest findings on current challenges and developments in the field of energy transition. Key topics addressed in this report include renewables growth, conventional power generation, electricity
Overview. This study examines the decline in India''s wind energy generation during the peak monsoon season of 2020, outlines the micro and macro impacts of this anomaly and identifies
Wind power (WP) generation can be utilised to reduce the stre ss on the power plants by minimising the peak demands in constrained distribution networks. Benefits of WP include increased energy
The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry''s trade association.
As soon as 2023, wind and solar could push the world into a new era of falling fossil generation, and therefore of falling power sector emissions. The global electricity sector is the first sector that needs to be
The U.S. Department of Energy''s 2023 offshore, land-based, and distributed wind market reports show that wind power continues to be one of the fastest growing and lowest-cost sources of
The report highlights increasing momentum on the growth of wind energy worldwide: Total installations of 117GW in 2023 represents a 50% year-on-year increase from 2022; 2023 was a year of continued global growth – 54
Over the forecast period, potential renewable electricity generation growth exceeds global demand growth, indicating a slow decline in coal-based generation while natural gas remains stable. In 2028, renewable energy
Renewables generated a record 30% of global electricity in 2023, driven by growth in solar and wind. With record construction of solar and wind in 2023, a new era of falling fossil generation is imminent. 2023 was likely the
Explore our latest research, policy analysis, events and more. Despite a record rise in wind and solar generation, only 29% of the global rise in electricity demand in 2021 was met with wind and solar. Power sector CO2
A new study assesses the feasibility of a fully renewable based power system by 2050 across India, finding this option to be cost competitive with the status quo and with zero
The Global Wind Report provides a roadmap for how this can be done. GWEC calls on policymakers, investors and communities to work together across the key areas of investment, supply chains, system infrastructure and public consensus, to set the conditions for wind energy growth to take off through to 2030 and beyond.
In 2022 wind electricity generation increased by a record 265 TWh (up 14%), reaching more than 2 100 TWh. This was the second highest growth among all renewable power technologies, behind solar PV.
The report finds the wind industry is entering a new era of accelerated growth driven by increased political ambition, manifested in the historic COP28 adoption of a target to triple renewable energy by 2030. Looking forward, the report makes it clear that there is plenty to do to deliver on the increased ambition.
GWEC projects a bullish future for wind power, with an expected average annual growth rate exceeding 9% over the next five years. By 2028, the global wind power capacity is poised to surge by an additional 791 GW, averaging 158 GW per year. The anticipated growth in 2024 alone is projected at 130 GW.
2023 was the second best year ever for the global offshore wind industry. A total of 75 GW of global offshore wind capacity was in operation by the end of 2023. GWEC’s rolling ten year outlook to 2033 shows that, with the right frameworks in place, the world can be on course to deploy 410 GW by 2033.
Offshore wind is poised for truly global growth after 2023 saw the second-highest annual installations as well as key policy developments that set the foundations for accelerated expansion of the industry over the next decade. The real growth story is found behind the numbers, however.
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