GWEC calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind energy and meet climate targets GWEC has published the 15 th edition of its flagship Global Wind Report, which finds that 60.4 GW of wind energy capacity was installed globally in 2019, a 19 per cent increase from installations in 2018 and the second-best year for wind historically. Total capacity for wind energy globally is now over 651 GW, an increase of 10 per cent compared to 2018. China and US remain the world’s largest onshore wind markets, together accounting for more than 60 per cent of new capacity in 2019. Offshore wind is playing an increasingly important role in driving global wind installations, with the sector installing a record 6.1 GW in 2019, accounting for a record share of 10 per cent of new installations. The report identifies two major tools to further accelerate wind energy growth: shifting the focus from LCOE to building energy markets that support the long-term sustainability of the wind and renewable industries; and using emerging technological solutions such as hybridisation and green hydrogen to open new opportunities for the sector. 2020 […]

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