Wind industry enjoyed its second-best year but scaling-up for Net Zero requires policy breakthrough

Energy Disrupter

 4 April | The wind industry enjoyed its second-best year ever in 2021, with almost 94 GW of capacity added globally despite a second year of the COVID-19 pandemic. This is just 1.8% less than the year-over-year wind energy growth rate in 2020. This is a clear sign of the incredible resilience and upward trajectory of the global wind industry.

However, as the Global Wind Report 2022  from the Global Wind Energy Council makes clear, this growth needs to quadruple by the end of the decade if the world is to stay on course for a 1.5C pathway and net zero by 2050. 

Global capacity increased by 93.6 GW to bring total cumulative wind power capacity to 837 GW, which is year-over-year growth of 12%. While the world’s two biggest markets, China and the US, installed less new onshore wind capacity last year – 30.7 GW and 12.7 GW respectively – other regions enjoyed record years. Europe, Latin America and Africa & the Middle East, increased new onshore installations by 19%, 27% and 120%, respectively. 

The offshore wind market enjoyed its best-ever year in 2021, with 21.1 GW commissioned. That represents three times more than the previous year. China’s mammoth year of offshore installations accounted for 80% of that growth, helping it pass the UK as the world’s largest offshore wind market in cumulative installations.