Global wind power capacity is likely to reach 2,000GW by 2030, which will supply 17-19% of the total electricity generated worldwide, according to a report published in 2014 edition of the Global Wind Energy Outlook by Global Wind Energy Council (GWEC) and Greenpeace International.
The report evaluates future performance of the global wind industry in terms of electricity supply, CO2 emission savings, employment, cost reductions, and investments, over three phases up to 2020, 2030 and 2050.
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By 2050, the wind power capacity can supply 25-30% of global power requirements, the report stated.
In 2013, global power industry had wind installations for 318GW which is expected to go up by a further 45GW this year.
GWEC CEO Steve Sawyer said: "Wind power has become the least cost option when adding new capacity to the grid in an increasing number of markets, and prices continue to fall.
"Given the urgency to cut down CO2 emissions and continued reliance on imported fossil fuels, wind power’s pivotal role in the world’s future energy supply is assured."
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By GlobalDataGreenpeace senior energy expert Sven Teske said: "By 2020, wind power could prevent more than 1 billion tonnes of carbon dioxide from being emitted each year by dirty energy – equivalent to the emissions of Germany and Italy combined.
"Policymakers need to provide economic incentives, and also leadership if they are to achieve a credible international climate agreement at next year’s Summit in Paris."
