Global wind power capacity increasing!!

[skookerasbil]

Ready for this.....3% by 2027!

Global wind-power capacity to increase nearly 3%, says MAKE

And this report comes from a wind energy source!

Like I've said....in the real world, the science isn't mattering. Renewables are growing but at a snail's pace relative to fossil fuels. And the 3% is "global" capacity...yuk...yuk! What a fucking joke!

Been saying for over ten years....renewable energy is gheeeeeeeeeyy!!!

@www.whosnotwinning.com

 

[Old Rocks]

MAKE forecasts the annual wind-power capacity additions to average more than 67 GW from 2018 to 2027, resulting in a compounded annual growth rate that exceeds 8% over the period.

The wind-power outlook for several countries are expected to increase by 1 GW+, according to MAKE, contributing to a global net upgrade exceeding 15 GW over the next 10 years.

Even as incentive mechanisms in several markets expire, country-level policy developments in Q2 have a significant impact on the global wind-power outlook. Significant multi-gigawatt upgrades spurred by policy indicators in India and Japan, for example, more than off-set policy-driven downgrades in other markets such as Iran. Overall, the global upgrade this quarter is concentrated in the medium-term, increasing capacity by nearly 14 GW from 2020 to 2024.

Momentum continues to build in the U.S. offshore sector, as three states announced 1.4 GW of offtake capacity in Q2, both solidifying and boosting growth expectations next decade. Adjustments to assumptions on state-level compliance deficits in the US and revised LCOE calculations, contribute to an upgrade of more than 6 GW from 2021 to 2027. Increasingly dubious export opportunities in Eastern Canada results in a downgrade QoQ, and puts pressure on near-term execution of capacity in Ontario and Alberta. Overall, the outlook for North America increases 10% compared to the analysis in Q1.

Global wind-power capacity to increase nearly 3%, says MAKE

Wind is still increasing even as coal decreases.

 

[Tax Man]

If you factor in the hot air trump and friends have been putting out the increase is waaaaaay higher!

 

[skookerasbil]

MAKE forecasts the annual wind-power capacity additions to average more than 67 GW from 2018 to 2027, resulting in a compounded annual growth rate that exceeds 8% over the period.

The wind-power outlook for several countries are expected to increase by 1 GW+, according to MAKE, contributing to a global net upgrade exceeding 15 GW over the next 10 years.

Even as incentive mechanisms in several markets expire, country-level policy developments in Q2 have a significant impact on the global wind-power outlook. Significant multi-gigawatt upgrades spurred by policy indicators in India and Japan, for example, more than off-set policy-driven downgrades in other markets such as Iran. Overall, the global upgrade this quarter is concentrated in the medium-term, increasing capacity by nearly 14 GW from 2020 to 2024.

Momentum continues to build in the U.S. offshore sector, as three states announced 1.4 GW of offtake capacity in Q2, both solidifying and boosting growth expectations next decade. Adjustments to assumptions on state-level compliance deficits in the US and revised LCOE calculations, contribute to an upgrade of more than 6 GW from 2021 to 2027. Increasingly dubious export opportunities in Eastern Canada results in a downgrade QoQ, and puts pressure on near-term execution of capacity in Ontario and Alberta. Overall, the outlook for North America increases 10% compared to the analysis in Q1.

Global wind-power capacity to increase nearly 3%, says MAKE

Wind is still increasing even as coal decreases.

Ok.....now I'm laughing....actually splitting my sides laughing.

Did the OP post or did the OP not post the same exact link?






We will let curious readers of the thread decide whether or not 3% "global" growth over 10 years is a spike the football moment or a fumble the ball on the goal line moment!

 

[skookerasbil]

Oh....PS....

The same folks who say wind/solar are poised to take over the energy world are the same folks who say EV's are taking over the automobile market ( but last year, Ford sold 168,000 Focus sedans....about the same number of cars as all EV's combined )