Wind Power Could Supply 18% of World’s Power by 2050

According to the International Energy Agency (IEA) wind energy could generate up to 18% of the world’s electricity by 2050. But the massive jump from 2.6% today would require the nearly 300 GW of current wind capacity worldwide to increase eight- to tenfold and cost nearly $150 billion a year.

 

In its “Technology Roadmap: WInd Energy” edition, the agency sees a much larger penetration of wind power than the 12% by 2050.

 

“There is a continuing need for improved technology,” said IEA Executive Director Maria van der Hoeven, “Increasing levels of low-cost wind still require predictable, supportive regulatory environments, and appropriate market designs. The challenges of integrating higher levels of variable wind energy into the grid must be tackled.”

 

Read the full article here.

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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.