Full Title: Global Wind Report 2023
Author(s): Global Wind Energy Council
Publisher(s): Global Wind Energy Council
Publication Date: April 4, 2023
Full Text: Download Resource
Description (excerpt):
The definitive status report for the global wind industry has been published. Featuring the latest key statistics, chapters looking at the key challenges facing the sector and explorations of the key emerging markets, GWEC’s Global Wind Report 2023 is the key tool for anyone working to deliver the energy transition.
2022 was the third best year ever for new capacity with 78 GW added globally. Total installed global capacity grew to 906 GW. This represents Year-on-Year growth of 9%. 2023 should be the very first year to exceed 100 GW of new capacity added globally with this on same fact GWEC Market Intelligence forecasts year-on-year growth of 15%.
GWEC Market Intelligence forecasts 680 GW of new capacity in the next five years (2023-27). This represents 136 GW per year to 2027. GWEC Market Intelligence has a positive outlook up to 2030, with an additional 143 GW expected by the end of the decade, 13% higher than previous forecasts. We previously forecast 1078 GW to be built from 2022-2030, this is now forecast to be 1221 GW of new capacity added between 2023-2030.