The Global Wind Energy Council (GWEC) has published the Global Wind Report 2024, offering a detailed overview of the wind industry’s performance and insights into the policy landscape, informed by GWEC’s industry experts.
Despite challenging global conditions, the wind sector demonstrated remarkable resilience in 2023, installing a record 117GW of new capacity — the highest annual increase to date, marking a 50% growth compared to the previous year. This expansion signals the sector’s entry into an era of growth, propelled by the ambitious renewable energy targets set at COP28.
Key findings from the report include:
- The wind industry’s global presence strengthened, with installations across 54 countries.
- GWEC has increased its growth forecast for 2024-2030 by 10%, predicting a rise to 1210GW of wind energy capacity, reflecting the positive impact of national policies, the rise of offshore wind, and growth in emerging markets.
- The report also acknowledges the challenges that lie ahead, such as streamlining planning and finance, upgrading grid infrastructure, and market transformations necessary for advancing the energy transition.
- The Global Wind Report 2024 serves as a critical resource for stakeholders, providing an evidence-based perspective on the industry’s trajectory and the strategic response required to navigate upcoming obstacles.
You can read the report here: https://gwec.net/global-wind-report-2024/?mc_cid=5342e322b3&mc_eid=a879b5b661
