Global Wind Market To Reach 841 Gigawatts In 2022, Predicts GWEC



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Clean Technica

After installing more than 52 gigawatts (GW) worth of new capacity in 2017, the global wind energy industry is set for several years of strong and continued growth, according to a new report published this week by the Global Wind Energy Council.

Published on Wednesday, the Global Wind Energy Council (GWEC) unveiled its Global Wind Report: Annual Market Update which set out to highlight the strength of the industry’s performance in 2017 and outline the way forward over the next five years. The key point highlighted by the Council is wind’s cost-competitiveness, labeling wind energy as “the most competitively priced technology in many if not most markets” around the world.