NewEnergyNews: WORLD WIND COMES BACK/

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    Friday, October 03, 2014

    WORLD WIND COMES BACK

    Worldwide Wind Market recovered: Wind Capacity over 336 Gigawatt

    17 Sept. 2014 (World Wind Energy Association)

    Worldwide wind capacity reached 336,327 MW by the end of June 2014, out of which 17,613 MW were added in the first six months of 2014. This is a substantially higher increase than 1H 2013’s 13.9 GW or 1H 2012’s 16.4 GW, according to the World Wind Energy Association’s 2014 Half-Year Report. Mid-2014 world installed wind capacity can generate around 4% of the world’s electricity demand. Global wind capacity grew by 5.5% in 1H 2014, beating 1H 2013’s 5% growth but it was lower than 1H 2012’s 7.3 % growth rate. The mid-2014 annual growth was 13.5 %, beating 2013’s rate of 12.8%. At its current growth rate, world wind should finish the year at 360 GW, with Asia overtaking Europe for the world lead, China approaching 100 GW of cumulative installed capacity, and Brazil taking third place in new installations. Primary market drivers were wind’s increasing economic competitiveness and the increasing pressure to turn to emission free technologies. click here for more

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