Wind could generate 18pct of global electricity by 2050 – IEA

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According to the International Energy Agency, Electricity generated from wind could soar from 2.6% to 18% of the world’s electricity by 2050.

Its latest Wind Power Technology Roadmap said that the industry will need USD 150 billion per year to achieve this. Current investment is hovering around the USD 80 billion mark.

Wind power deployment under this vision would save up to 4.8 GG tonne of CO2 emissions per year by 2050, equivalent to more than the current European Union annual emissions.