This is the 14th annual report on the status of the global wind industry by the Global Wind Energy Council. It provides a comprehensive overview of the global industry at a specific moment in time; an industry now present in more than 90 countries, 30 of which have more than 1,000 MW installed, and 9 with more than 10,000.
The statistics represent information about the reserves, installed capacity, potential for generation, production, consumption, import, export and wholesale price of different energy commodities and Energy Indicators on Economic Dimension.
Energy transition is a part of a much wider Grand Transition, which is not all about energy. Energy transition cannot be achieved all at once or by any one actor. Relying only on better energy modelling and forecasting to guide successful transition will be fatal, even in a data-rich era.
America has officially entered the “coal cost crossover” – where existing coal is increasingly more expensive than cleaner alternatives. Today, local wind and solar could replace approximately 74 percent of the U.S. coal fleet at an immediate savings to customers. By 2025, this number grows to 86 percent of the coal fleet.