This report teases out the lessons that may be useful for Indian policymakers as they piece together the policy, regulatory and financing frameworks which will allow for the development of a sustainable, commercially successful industry; which of course must be adapted to both the unique opportunities and challenges of the Indian financial and energy environments.
The Global Wind Energy Council and Greenpeace International are pleased to present this fifth edition of the Global Wind Energy Outlook for 2014, the latest product of a collaboration that goes back to 1999. A lot has changed since then. Wind power has now firmly established itself as a mainstream option for new electrical generation.
The Chinese wind industry installed16,089 MW in 2013, an increase of 3,130 MW over 2012, for annual market growth of 24%; the first time the annual market has grown since 2010. At the end of 2013, the cumulative installed capacity in China was 91,413MW, an annual market growth rate of 21%.
The Global Wind Energy Council launched its flagship publication the Global Wind Report: Annual Market update today in Istanbul. The report details wind power’s remarkable growth in 2014, as well as updating GWEC’s rolling 5 year market projections, which show continued growth for the rest of the decade.
Led by China and Brazil in the first instance, as well as Mexico and South Africa, non-OECD markets outstripped the traditional markets in Europe and North America again in 2014. China installed an astonishing 23 GW of new wind power last year, bringing its cumulative total to more than 114 GW, and Brazil was the world’s 4th largest market in 2014, and entered the top 10 in cumulative rankings for the first time. The African market took off in 2014, and Germany, Chile, Canada and Turkey also had record years.
