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GLOBAL Wind Energy Statistics and Targets Wind IS Now Cheaper GLOBAL WIND ENERGY STATISTICS AND TARGETS FINANCE COSTS, ENERGY SUBSIDIES 2050 AND ELECTRICITY PRICES 3,300 GW DONE 2020 GWEC estimate, 760 GW GWEO 2012 Moderate 2012 GWEC estimate, scenario 2012 282,6 GW GWEO 2012 Moderate Wind power of wind power scenario 30% $78,3 bn installed 24.5% is becoming nuclear (including 5.1 worth of investments in competitive with wind farms world wide GW of offshore Denmark Iowa fossil fuels. Taking wind power) 40% 20% According to BNEF in into account the d the world about here ing aroun 80 countri T are more than 225,000 wind turbines operat es South fuel and CO2 Lower costs, wind energy Australia Investors include power Saxony costs less than the producers, international energy generated DONE % finance institutions, private gas of the global by coal or gas. 50% in EU of electricity equity and pension funds. of the global 8-12% electricity 30% generated around EWEA 2,6% electricity GWEC demand GWEC estimate by wind demand estimate estimate power coal 2012 2012 Policy uncertainty and the instability of national support mechanisms for renewables increase the WIND IS NOW CHEAPER THAN FOSSIL FUELS IN AUSTRALIA perception of risk and Fossil fuels are make financing more wind receiving six times expensive. WORLD’s eLECTRICITY SUPPLY A new wind farm in Australia can supply the level of subsidies electricity at a cost of A$80 (€ 64) per MWh, of renewable energy, In 2011 avoided fossil fuel costs Grid operators can integrate large compared with A$143 (€ 114) a MWh from Offshore wind is a amounts of wind power: according to the developing sector: relatively from wind power production was a new coal-fired power plant or A$116 (€ The power grid needs to new with new entrants, and €35 billion. That is estimated to 92) from a new station powered by natural wind wind International Energy electricity demand by 2020 be reinforced and better cost reductions expected grow to €279,5 billion by 2020 met by wind power the government gas when the cost of carbon emissions is € € Agency, World Energy interconnected to improve coal gas through technology and to €1020 billion by 2020. IN DENMARK aims for included. Outlook 2012. security of supply– regardless Bloomberg New Energy innovation. Finance (BNEF) report The cost of carbon emissions is included Wind power can drive down of the source of energy – and 2012 in order to improve competition Wind energy: wholesale electricity prices. This is already happening, according in the electricity market, which 50% would bring down prices. € to credit agency Moody’s and TECHNOLOGY 282,6 GW OF WIND POWER CAN PRODUCE financial analysts UBS. 30% low operation For an efficient integration of 100 m Ø THE SAME AMOUNT OF ELECTRICITY OVER capital & maintenance wind and other renewables, intensive costs Wind power is already directly 15 m Ø A YEAR AS: competitive with conventional intraday and balancing power € € sources in many markets around markets are needed, with possible: 20 MW the world, such as Mexico, Brazil, demand-side management. 1985 today future 175 coal power plants, or no fuel costs New Zealand, South Africa, and < 1 MW average: 1,84 MW planned: 15 MW 110 nuclear power plants, or largest: 7,5 MW 147 gas power plants parts of China and the US. Top 10 Cumulative Capacity in % People employed globally in 2012 in wind energy JOBS AND GREEN GRowTH electricity demand at times 14.1 met by wind power 670,000 1,214,000 "Strong wind energy IN COLORADO 26.7 "No TRANSITION Wind energy contributed $78,3 people people growth to 2030 could 1.6 billion to the global economy 2.2 without TRANSMISSION!" generate over 2,6 million 2.7 it reaches in 2012. The macro-economic 55% jobs globally." 2.9 Klaus Rave, effects of the development 2012 President GWEC of the wind power sector 3.0 as well as the renewable GWEC estimate (Global Wind jobs in wind Energy Outlook 2012, 6.5 energy sector as a whole is 11,3% Moderate scenario) increasingly a factor in political decision making about our 8.1 21.2 future energy choices. +17,2% Annual growth 11.1 2012 2020 PR China USA Germany GWEC estimate, Spain India UK GWEO 2012 Moderate Italy France Canada 2007- 2012 DONE scenario Portugal Rest of the world Climate change poses OFFSHORE GLOBAL CUMULATIVE OFFSHORE INSTALLED WIND ENERGY & NATURE HEALTH Capacity (MW) the single greatest offshore wind energy capacity CAPACITY Birdlife, WWF, Greenpeace, Friends long-term threat The ability to generate elec- of the Earth and others support to birds and other tricity is measured in watts. wind energy. Birdlife recently wildlife. Wind power To describe the capacity of stated that climate change was DONE is the most advanced wind turbine or other power the single largest threat to birds plants, the terms kilowatt renewable technology, and wind and renewables were a 80 GW (kW = 1,000 watts), mega- 5,415 MW clear solution to climate change. available at a large watt (MW = 1 million watts), scale, over this time 2012 2020 and gigawatt (GW = 1 billion The potential environmental es period. watts) are most commonly l as effects of a wind farm are NO fue g Noise levels from turbines GWEC estimate used. use assessed before construction is NO greenho meet World Health allowed to start. n utio s Organisation (WHO) Electricity production N poll ce offshore wind offshore wind power O air an recommendations for bst power avoided is projected to avoid (MWh) NO xic su residential areas. to ion llut Electricity production and po e 10,2 Mt CO 200 Mt CO NO water us There is no evidence 2 2 consumption are measured "At IKEA, we want to ter L wa "that the audible or in kilowatt (1,000 watts) take a leading role MINIMA sub-audible sounds hours per hour (kWh). in the transition to a [including infrasound] One 50 watt light bulb left low-carbon society by emitted by wind turbines 2012 2020 on for 20 hours consumes only using 100 percent PUBLIC OPINION have any direct adverse one kilowatt-hour of physiological effects”, electricity. renewable energy." Support for wind energy concluded a study, ‘Wind Outside of Europe, China leads Turbine Sound and Health Steve Howard, offshore wind development with Chief Sustainability Officer, Effects', conducted in 389,6 MW of which 261 MW are Capacity factor IKEA Group, June 2012 89% 2009 by a panel of medical intertidal projects. In 2012, China wind professionals from the US, maintained its 3rd position in world’s A modern wind turbine in offshore wind development by "At Google, we strive to EU Canada, Denmark, and UK. In 2012, Europe was the world’s leader in offshore is available to produce installing 127 MW. Japan has four electricity 80-98% of the ensure that our company offshore wind projects (25,3 MW) The growing participation in the The most audible sound wind energy with more than 90% of the world’s installed time, but it generates is 100% powered by of which one is a floating turbine annual Global Wind Day (15 June) of wind turbines is a light structure and South Korea has 5 MW capacity, followed by China, Japan and South Korea. different outputs depending renewable energy such 78% shows support for and interest in swishing - and usually the of offshore wind all located in Jeju on the wind speed. During wind wind energy is increasing. as wind and solar. We in wind itself is louder. Island. one year, it will typically believe that by feeding Canada www.globalwindday.org generate about 24% of the Offshore represents around 2% MARKET FORECAST 2013 - 2017 the web with renewable Wind energy emits no theoretical maximum output The Global Consumer Wind Study particles, unlike fossil fuels, of global annual wind energy (41% offshore), which is the energies we create a installations. 600 [GW] [%] 25% 2012 by Vestas and TNS Gallup which severely affect human capacity factor (conventional better future for all." 20% 71% shows that 85% of consumers health. By the end of 2012, there were 500 power stations: 50-80%). wind surveyed want more renewable More comparable with Google green in 5,1 GW of installed offshore 15% USA energy. wind energy capacity worldwide. 400 other sources of electricity GWEC is expecting this to grow 10% is the overall efficiency, to 80 GW by 2020, which would 300 5% the relationship between meet approx.10% of the energy input (the wind) wind energy is global electricity demand. China has 0% For every kWh of wind 200 and the energy output (the projected to avoid ambitious national targets of 5 GW by energy used, approximately -5% CLIMATE CHANGE wind energy 2015 and 30 GW by 2020. electricity). The efficiency 696g of CO will be 100 will avoid 2 Japan estimates 5-6 GW of offshore -10% of a wind turbine has a 2,550 Mt CO 2030 2 avoided. capacity could be reached by 2030 theoretical limit of 59% 0 -15% wind energy and South Korea has a target of 2 (compared to coal with 1,118 Mt CO2 Wind energy produces no GW by 2030. 2012 2013 2014 2015 2016 2017 avoided = will avoid about about 35% and gas with 2020 Annual installed capacity (GW) 44,8 39,6 45,3 51,0 56,2 61,2 €1020 bn CO2 costs greenhouse gas emissions about 50%). assuming a price of during its operation. A Offshore wind farms can provide Cumilative (GW) 282,6 322,4 367,7 418,7 474,9 536, 13 = will avoid about €40 /t CO2 regeneration areas for fish and other 350 Mt CO2 €279,5 bn CO costs turbine will produce up to Cumulative capacity growth rate % 18,7% 14,1% 14,0% 13,9% 13,4% 12,89% 2 sea creatures because of reduced 2011 assuming a price of 80 times more energy than Annual installed capacity growth rate % 10,8% -11,6% 14,4% 12,6% 10,2% 8,9% €25/t CO2 trawling activities and because the =avoided around is used to build, install, foundations act as an artificial reef, €35 bn CO2 costs operate, maintain and encouraging the creation of new assuming a price of decommission it.
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