Warning: count(): Parameter must be an array or an object that implements Countable in /home2/adriads/public_html/libraries/cms/application/cms.php on line 460

Warning: count(): Parameter must be an array or an object that implements Countable in /home2/adriads/public_html/components/com_k2/models/item.php on line 881
Thursday, 16 March 2023 07:00

East Asia set to win scramble for wind power dominance by 2030

Written by
Rate this item
(0 votes)

According to Global Energy Monitor (GEM), East Asia will remain the largest wind power producing region as project development plans will expand current installed wind power capacity by 65% by the end of 2030. Wind energy, the world's largest and fastest-growing renewable energy source, is expanding at record rates in every major economy as part of efforts to transition the global energy system away from fossil fuels and reduce harmful emissions. China will remain the largest producer of wind power and the largest developer of wind power installations, but South Korea, Japan and Taiwan will all outpace China in terms of growth rates through 2030. Europe will be the second largest developer of wind power over the remainder of the decade, increasing installed capacity 68% below current levels. Installed wind power capacity in the Americas, Europe, South Asia, Africa, and the Middle East will increase significantly, with the United States set to become the second largest wind power producer by 2030.

Brazil will more than triple its current capacity and jump to third place in the global ranking, while Canada and Mexico are also expected to see significant growth. India's installed wind power capacity will increase by 25%, but its world ranking will slip from 4th to 7th. The global target for wind power to account for more than 20% of global electricity generation by 2030 is on track.


Warning: count(): Parameter must be an array or an object that implements Countable in /home2/adriads/public_html/components/com_k2/templates/default/item.php on line 248
Read 530 times