Description

Overview

The Global Wind Energy Council (GWEC) has released this report. According to the research, 93.6 gigawatts of capacity would be built in 2021, up from 95.3 GW in 2020. The total capacity of wind energy has increased to 837 GW. The maximum amount of electricity that the facilities can produce, not the amount of electricity that they are now producing, is referred to as capacity. Offshore wind segments with a capacity of 21.1 GW will be installed in 2021.  In 2021, 5 GW of onshore wind capacity was installed, compared to 88.4 GW in 2020. Onshore installations are on the decline for a variety of reasons. The United States and China, according to the GWEC, are to blame for the fall in onshore installations. China installed 30.7 GW of capacity in 2021, compared to 50 GW in 2020. The removal of China's feed-in tariff is the cause of this decline. In the United States, 12.7 GW of capacity was added in 2021, a decrease of 4.16 GW from the previous year. Supply chain concerns and disruptions caused by COVID-19 are among the causes for the reduction.

What Are Net-Zero Goals?

In order to meet the net-zero goals, the research recommends a large increase in capacity installation. According to the analysis, wind energy capacity will be less than two-thirds of what is required for net-zero and the 1.5°C Paris Agreement target to curb global warming by 2030. If present installation rates continue then Global wind energy installations must be doubled to reach the net-zero by 2050 goals.

Conclusion

A new efficient policy must be implemented over the world to increase installation capacity levels. The Russia-Ukraine crisis has demonstrated that the world's energy security is still reliant on fossil fuel imports.

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