Global wind energy market may triple by 2020: Report

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Energy Next

The wind power has the potential to supply up to 12 per cent of global electricity by 2020, creating 1.4 million new jobs and reducing carbon emissions by more than 1.5 billion tons per year, more than 5 times today’s level, says a new report.

Greenpeace International and the Global Wind Energy Council (GWEC) released their bi-annual report in Beijing, the Global Wind Energy Outlook, which forecasts an important role of the wind energy sector in the global energy mix. The report, which happens to be the fourth in the series, depicts a picture of three different futures for the wind energy sector, looking at scenarios out to 2020, 2030, and eventually to 2050.