Global Wind Report 2022

According to the Global Wind Report 2022, in 2021 the wind energy sector had its second-best year but wind energy installations need to be increased dramatically so that it remains on track with the net-zero goals.

Overview:

  • This report has been published by the Global Wind Energy Council (GWEC).
  • This report has said that in 2021, 93.6 gigawatts of capacity were installed while in 2020 it was 95.3 GW.
  • The cumulative capacity for wind energy grew to 837 GW.
  • Capacity means the maximum electricity that the installations can produce, not what the installations are generating.
  • In 2021, 21.1 GW offshore wind segment were installed.
  • 5 GW were Installed in the onshore wind came segment in 2021, whereas in 2020 it was 88.4 GW.

Reasons for the decline of onshore installations

According to the GWEC, the reasons for the decline in onshore installations were the U.S and China. In 2021, in China, 30.7 GW capacity was installed as compared to 50 GW in 2020.  The reason for this drop is the end of China’s feed-in tariff.

In the U.S 12.7 GW of capacity were installed in 2021, which is a 4.16 GW decline as compared to the installations in 2020. The reasons behind this drop include supply chain issues and disruptions due to COVID-19.

About Net-Zero Goals

The report has called for a significant increase in capacity installation so that the net-zero goals can be achieved. ramp up in capacity. The report states that at the current installation rate by 2030 the wind energy capacity will be less than two-thirds of what is required for net-zero and the 1.5°C Paris Agreement target to limit global warming. To meet the net-zero by 2050 goals, global wind energy installations must be quadrupled.

Conclusion

To increase the installation capacity levels a new efficient policy must be taken up around the world. The Russia-Ukraine crisis has shown the world that it is still dependent on imports of fossil fuels for energy security.

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