Winds will reach 76 GW annually from 2024 onwards, according to Wood Mackenzie

Posted on July 09, 2019

Global installed wind power is projected to increase by 71 gigawatts per year in the period 2019-2023 and by 76 gigawatts in the period 2024-2028, according to Wood Mackenzie estimates.

In a report, the company notes that in the second quarter of 2019, 11 gigawatts were installed internationally, 1.5% more than in the first quarter.

It also notes that the United States had a robust growth of 16% from one quarter to the next while things remained almost flat in Latin America by 1%.

Concerning Europe, the report states that licensing challenges and under-bidding in German and French competitions have an impact on growth.

 

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