The Global Wind Energy Council (GWEC) have published their Global Wind Report 2023.
Some key takeaways from this years report are:
Despite facing challenging economic and global supply chain disruptions, the wind industry added 77.6 GW of new wind power capacity to the grid in 2022, which is the lowest level in the last three years but still the third-highest year in history.
The global wind industry is expected to bounce back in 2023 and exceed 100 GW for the first time.
The mid-term outlook for wind energy looks positive, and GWEC Market Intelligence expects 680 GW of new capacity to be added in the next five years.
The global offshore wind market is expected to grow from 8.8 GW in 2022 to 35.5 GW in 2027, and 130 GW of offshore wind is expected to be added worldwide in 2023-2027.
However, GWEC's revised growth rate will only achieve 68% of the wind power capacity required by 2030 to stay on track for a net-zero/1.5oC pathway.