Wind industry predicts bounceback and rapid growth in 2023

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The wind power industry is projecting growth to rapidly accelerate this year after a slowdown in 2022.

“The twin challenges of secure energy supplies and climate targets will propel wind power into a new phase of extraordinary growth,” the council said in its report.

The wind power market stalled in 2022 because of government policies that encouraged “race to the bottom” pricing, and because of inflation, higher logistics costs and inefficientrules, the council said. The industry added about 78 gigawatts of wind capacity globally in 2022 — down 17% from 2021, but still the third-best year ever for new capacity.

This year, the industry will reach a historic milestone — 1 terawatt, or 1,000 gigawatts, of wind energy installed worldwide, the council said. The 2-terawatt milestone should come in 2030 if policymakers strengthen supply chains to meet demand and address permitting and other bottlenecks, the council added.

“2023 will mark the start of a decisive turnaround,” Council CEO Ben Backwell wrote in the report. “Governments of all the major industrialized nations have enacted policies that will result in a significant acceleration of deployment.” Bird watchers Omima Sayed, right, and Amr Abdel Hady look out at the the sky while at Lekela wind power station, near the Red Sea city of Ras Ghareb, Egypt, on Oct. 12, 2022.The council pointed to incentives for renewable energy development in the Inflation Reduction Act in the United States, and policies in Europe and China that further expand the role of renewables.

 

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They had to shut down a wind farm in Germany to put up a coal power plant. An admission they don't work so well.

We need it all. If ever plan on freeing ourselves from being held hostage by the big Oil , Gas , Coal greedy pricks .

Doing more damage to the environment

80% of energy comes from fossil fuels. We need all forms of energy. Climate change is cyclical and there has been no changes in 7 years.

Using different materials for construction of these wind power devices?

So Biden creates inflation through his clean energy policies that makes it too expensive to build wind turbines. 🤫

Despite the desperate attempt to push misinformation by the Big Oil-funded GQP and their trolls.

I'll never understand why 'conservatives' cannot support wind energy. It blows my mind.

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