Global Status of Windpower

Navigant Research has released its annual 180+ page BTM wind report International Wind Energy Development: World Market Update 2012.

Among the report’s findings:

·        More than 285 GW of wind power is now installed globally:

  • 45GW of new capacity was added in 2012, including 1.1 GW from offshore wind;
  • The United States surpassed China as the largest market in terms of new installations in 2012;
  • Europe lost its position as the largest world region in terms of new installations;
  • Wind installations in the Americas grew by 12.3 percent compared with 2011;
  • The penetration of wind power in the world’s electricity supply has reached 2.62 percent;
  • However, there are storm clouds on the five-year horizon.  The study, for the second year in a row, projects a reduction in market size for the upcoming 5-year period. The World Market Update 2012 forecasts that 241,620 MW will be added through 2017, 10 percent less than the forecast made in 2011.


Related posts:

  1. Release of 2012 edition of the REN21 Renewables Global Status Report
  2. Global Status of CCS 2012 report released
  3. Wind Power Overblown?
  4. Renewable Energy Trends in the U.S.
  5. New Carbon Market Data on the EU-ETS

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