2024-07-24
http://w3.windfair.us/wind-energy/news/45499-wood-mackenzie-prediction-year-global-wind-power-installation-tw-growth-capacity-grid-connected-wind-farm-outlook

New prediction sees global installed wind power capacity to hit 2.38 TW in 2032

Image: PixabayImage: Pixabay
According to a new report by Wood Mackenzie, this long-term growth will take place despite short-term challenges that have caused a net downgrade of 10.1 gigawatts (GW) from 2023 to 2025.

Official Press Release Wood Mackenzie:

Global wind power cumulative installed capacity to hit 2.38TW in 2032

Wind Industry Profile of
Global wind power cumulative installed capacity to hit 2.38TW in 2032

10-year CAGR projected at 10.1%, short-term growth challenges persist

Increased activity in Western markets and Africa will drive a ten-year compound annual growth rate of 10.1% for grid-connected wind power, leading to 2.38 terawatts (TW) of cumulative installed capacity at the end of 2032, according to Wood Mackenzie. According to Wood Mackenzie’s “Global wind power market outlook update: Q3 2023” report, this long-term growth will take place despite short-term challenges that have caused a net downgrade of 10.1 gigawatts (GW) from 2023 to 2025. “There is encouraging activity in Western markets across North America, South America and Europe with revisions of national energy and climate plan (NECP) targets, positive auction... ... More: Official Press Release Wood Mackenzie

Keywords:
Wood Mackenzie, prediction, year, global, wind power, installation, TW, growth, capacity, grid connected, wind farm, outlook







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