NewEnergyNews: World Wind Power Up And Rising

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    Friday, April 22, 2016

    World Wind Power Up And Rising

    Wind energy increasing share of world electrical production

    Richard Blackwell, April 19, 2016 (The Globe and Mail)

    “Wind-power projects around the world accounted for almost half of the new electrical generating capacity installed in 2015, as the cost of turbines fell and pressure mounted to cut greenhouse gas emissions…[W]ind power now makes up about 4 per cent of the global supply and could represent almost one-third of electrical production by 2050, according to [the Global Wind Energy Council Global Wind Report 2015]…About 63 gigawatts of new wind power was added around the world in 2015…[A]lmost half of that was built in China. At year-end, there was about 433 GW of total wind capacity globally, up about 17 per cent from the year before. Among renewables, only solar has grown faster…[W]ind power will likely supply up to 8 per cent of the world’s electricity by 2020, 20 per cent by 2030 and almost one-third by 2050…This increased share is partly driven by the falling costs of wind power, which is now cheaper than other forms of new electricity production in many markets in Africa, Asia, Latin America and parts of North America…” click here for more

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