New wind power installed capacity

How much wind power is installed in 2022?

Globally, 77.6 GW of new wind power capacity was connected to power grids in 2022, bringing total installed wind capacity to 906 GW1, a growth of 9% compared with 2021. The world’s top five markets for new installations in 2022 were: Altogether, they made up 71% of global installations last year, collectively 3.7% lower than 2021.

Should wind power grow to 320 gigawatts by 2030?

But the authors warned that the wind industry must increase its annual growth to at least 320 gigawatts by 2030 in order to meet the COP28 pledge to triple the world’s installed renewable energy generation capacity by 2030, as well as to meet the Paris Agreement’s ambition of capping global warming to 1.5 degrees Celsius (2.7 Fahrenheit).

How much wind power does the world need?

The world's installed wind power capacity now meets around 10% of global electricity demand – another important milestone. More than ten countries now have a wind power share of more than 20%, led by Denmark, which generates an astonishing 56% of its electricity from wind.

How much wind power is there in 2023?

The cumulative capacity of installed wind power worldwide amounted to approximately 1,021 gigawatts in 2023. Onshore wind power accounted for the majority of total wind power capacity, at about 946 gigawatts that year. Which country has the largest wind market?

Who is driving global wind power capacity growth?

However, beginning in the mid-2000s, China emerged as the driving force behind global wind power capacity growth. In 2022, Asia’s economic power horse added a whopping 37.7 gigawatts of new wind power capacity, to reach cumulative capacity of almost 400 gigawatts.

How much wind energy will be installed in 2026?

Since the passage of President Biden’s historic Inflation Reduction Act, forecasts for land-based wind energy installed in 2026 have increased nearly 60% from about 11,500 megawatts (MW) to 18,000 MW, which is enough to power an additional two million homes.