The “Global Wind Report 2024” by Global Wind Energy Council (GWEC) focuses on wind energy and the global goal to triple renewables by 2030. The shift of clean energy into the heart of national industrial policy for major economies, combined with gathering momentum in offshore wind and promising ambition among emerging markets and developing economies, has prompted a more optimistic growth outlook from GWEC for total new wind additions through 2030 – increased by 107 GW, compared to last year’s outlook.
But the road to tripling global renewables in this decade is far steeper, to say the least, and lined with daunting challenges. Global wind growth needs to rapidly accelerate, with annual wind installations roughly tripling to at least 320 GW over the course of the decade. This pace of installation raises questions across the areas of investment and financing, supply chain, infrastructure buildout, land and seabed availability, social acceptance and more.
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