”Asia poised to become dominant market for wind energy”


”Asia poised to become dominant market for wind energy”

Asia could grow its share of installed capacity for onshore wind energy from 230 Gigawatt (GW) in 2018 to over 2,600 GW by 2050, a new report by the International Renewable Energy Agency (IRENA) said on Monday.

By that time, the region would become a global leader in wind, accounting for more than 50 per cent of all onshore and over 60 per cent of all offshore wind capacity installed globally. China would take the lead with 2,525 GW of installed onshore and offshore wind capacity by 2050 within Asia, followed by India (443 GW), Korea (78 GW) and South-East Asia (16 GW).

According to the “Future of Wind” published at China Wind Power in Beijing, global wind power could rise ten-fold reaching over 6,000 GW by 2050.

By mid-century, wind could cover one-third of global power needs and — combined with electrification — deliver a quarter of the energy-related carbon emission reductions needed to meet the Paris climate targets. Read More

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