Many people have asked me why GWEC is organising events all around the world and what differentiates a GWEC event from others organised by commercial entities. The answer is simple: GWEC events are organised by the industry and for the industry. On top of this crucial pillar, there are two more fundamental reasons that differentiates GWEC events: high-level government interactions and we are a non-profit organisation providing a voice for the global wind industry.
O&M plays a massive role in the development of the wind energy industry and the energy transition as it ensures the long-term sustainability and growth of wind power globally. Not only this, but the aftersales and service business has become a strong second leg for the wind energy industry to stand one, with leading wind turbine OEMs generate about one-third of their revenues from their service business, and this share is expected to increase.
On 31 October 2019, energy industry leaders gathered in Singapore for the Wind Energy Conference at the Asia Clean Energy Summit (ACES). The conference, co-organised by the Global Wind Energy Council (GWEC) and the Sustainable Energy Association of Singapore (SEAS), featured dialogues on regulatory challenges, project financing and the latest technological advancements in the wind sector.
GWEC launches the global wind turbine rotor diameter database as part of its Market Intelligence Platform
This global wind turbine rotor diameter database adds on to GWEC Market Intelligence’s Global Wind Market Development – Supply Side Data released in April 2019, which is part of GWEC Market Intelligence service that provides a series of insights and data-based analysis on the development of the wind industry.
The Global Wind Energy Council (GWEC) has launched a Policy Pulse report on Vietnam, which provides qualitative analysis of the political and macroeconomic headwinds steering the wind sector and the measures needed to unlock greater wind power potential.
Vietnam has one of the fastest-growing energy consumption rates in South East Asia, with a growing population of 96.7 million people and steady economic growth. But its development roadmap, outlined by the National Power Development Plan 7, is currently dependent on coal power. Coal is primed to supply more than half of the country’s power by 2030, leaving Vietnam vulnerable to commercial volatility, climatic risks and political headwinds from trading and development partners.
In 2018,11 manufacturers installed 735 units of offshore wind turbines globally, totaling 3,693 MW of capacity. – six out of the top ten suppliers are from China. Those companies are Shanghai Electric, Envision, Goldwind, Mingyang, United Power and XEMC. While China is certainly dominating in terms of supplying offshore turbines, they are still playing catch-up in terms offshore turbine technology.
Around the world, there is a palpable sense of urgency to accelerate the energy transition. With millions of citizens participating in the #FridaysForFuture movement and still more facing intensifying natural hazards like typhoons, droughts and hurricanes, climate change has become an indisputable condition of our modern world.
Wind and renewable energy have achieved strong progress in cost reduction and deployment so far, however their adoption has not been fast enough to slow the rate of carbon emissions.
Let’s explore the factors that are holding back South East Asia’s wind energy potential, and why we must urgently do everything we can to remove these obstacles for the future of the region.
There is no better time than now for our industry to step up the energy transition and to define our role in the future energy system: the cost reduction of wind energy, the improvement of the efficiencies and reliability of wind technologies and the mounting threat of the climate imperatives are making the case for wind energy.
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