GWEC: Global wind power will reach 409 GW by 2014

GWEC expects that the global installed wind capacity will reach 409 GW by 2014, up from 158.5 GW at the end of 2009. This assumes an average growth rate of 21% per year, which is conservative compared to the 29% average growth that the wind industry experienced over the past decade. During 2014, the annual market will be more than 60 GW, up from 38.3 GW in 2009.

GWEC will present its full annual Global Wind 2009 Report at the European Wind Energy Conference in Warsaw on 21 April 2010, which will include a five year forecast for the development of the global wind energy market. In the past, these projections have regularly been outstripped by the actual performance of the industry and have had to be adjusted upwards. Despite the ramifications of the financial crisis, 2009 was no exception.

"Even in the face of a global recession and financial crisis, wind energy continues to be the technology of choice in many countries around the world. Wind power is clean, reliable and quick to install, so it is the most attractive solution for improving supply security, reducing CO2 emissions, and creating thousands of jobs in the process," said Steve Sawyer , GWEC Secretary General. "All of these qualities are of key importance, even more so in times of economic uncertainty."

The two markets leading global wind power expansion will continue to be the US and China, whose markets have exceeded all expectations in recent years.

While in the US, the development for 2010 will be hampered by continued tightness in the financial markets and the overall economic downturn, the provisions of the US government’s Recovery Act, and in particular the grant programmes, will continue to counteract the impacts of the crisis. Coupled with legislative uncertainty at the federal level in Canada, the result is that the North American market is forecast to stay flat for the next couple of years, and then pick up again in 2012, to reach a cumulative total of 101.5 GW by 2014 (up from 38.5 GW in 2009). This would translate into an addition of 63 GW in the US and Canada over the next five years.

In China, growth is set to continue at a breathtaking pace. Already in 2009, China accounted for one third of total annual wind capacity additions, with 13.8 GW worth of new wind farms installed. This took China’s total capacity up to 25.9 GW, thereby overtaking Germany as the country with the most wind power capacity by a narrow margin.

China will remain one of the main drivers of global growth in the coming years, with annual additions expected to be over 20 GW by 2014. This development is underpinned by a very aggressive government policy supporting the diversification of the electricity supply and the growth of the domestic industry. The Chinese government has an unofficial target of 150 GW of wind capacity by 2020, and with the current growth rates, it looks likely that this ambitious target will be met well ahead of time.

Until 2013, Europe will continue to host the largest wind capacity. However, GWEC expects that by the end of 2014, Europe’s installed capacity will stand at 136.5 GW, compared to Asia’s 148.8 GW. By 2014, the annual European market will reach 14.5 GW, and a total of 60 GW will be installed in Europe over this five year period.

"Despite the absence of a global price on carbon, wind energy will continue to grow due to national energy policy in the main markets and also because many governments have prioritised renewable energy development in their economic recovery plans," said Arthouros Zervos, GWEC’s Chairman. "All of the fundamental drivers that have made wind power the technology of choice are still in place. Neither the threat of climate change nor the macroeconomic insecurity due to reliance on imported fossil fuel is going to go away."

Top 10 wind turbine manufacturers by megawatts installed worldwide in 2009

1. Vestas (Denmark) 35,000 MW
2. Enercon (Germany) 19,000 MW
3. Gamesa (Spain) 16,000 MW
4. GE Energy (United States) 15,000 MW
5. Siemens (Germany) 8,800 MW
6. Suzlon (India) 6,000 MW
7. Nordex (Germany) 5,400 MW
8. Acciona (Spain) 4,300 MW
9. REpower (Germany) 3,000 MW
10. Goldwind (China) 2,889 MW

Global installed wind power capacity end 2009

Africa & Middle East
Egypt  430 MW
Morocco 253 MW
Iran 91 MW
Tunisia 54 MW
Cap Verde 12 MW
South Africa 8 MW
Israel 8 MW
Kenya 5 MW
Other (Lebanon, Nigeria, Jordan) 4 MW
Total Africa & Middle East 865 MW

Asia PR
China 25,805 MW
India 10,926 MW
Japan 2,056 MW
Taiwan 436 MW
South Korea 348 MW
Philippines 33 MW
Other (Thailand, Bangladesh, Indonesia, Sri Lanka) 6 MW
Total Asia 39,610 MW

Europe
Germany 25,777 MW
Spain 19,149 MW
Italy 4,850 MW
France 4,492 MW
UK 4,051 MW
Portugal 3,535 MW
Denmark 3,465 MW
Netherlands 2,229 MW
Sweden 1,560 MW
Ireland 1,260 MW
Greece 1,087 MW
Austria 995 MW
Turkey 801 MW
Poland 725 MW
Belgium 563 MW
Rest of Europe (Bulgaria, Croatia, Czech Republic, Estonia, Faroe Islands, Finland, Hungary, Latvia, Lithuania, Luxembourg, Norway, Romania, Russia, Slovakia, Slovenia, Switzerland, Ukraine) 1,614 MW
Total Europe 76,152 MW
of which EU-27 74,767 MW

Latin America & Caribbean
Brazil 606 MW
Mexico 202 MW
Chile 168 MW
Costa Rica 123 MW
Nicaragua 40 MW
Caribbean 35 MW
Argentina 31 MW
Uruguay 20 MW
Jamaica 23 MW
Colombia 20 MW
Others (Cuba,Peru) 6 MW
Total Latin America 1,274 MW

North America
USA 35,064 MW
Canada 3,319
Total North America 38,383 MW

Pacific Region
Australia 1,712 MW
New Zealand 497
Pacific Islands 12
Total Pacific Region  2,221 MW

World total 158,505 MW end 2009

www.gwec.net/