Global wind power capacity will increase by 50% by 2023 – industrial group

LONDON, April 3 (Reuters) – Global wind capacity is expected to rise 50 percent over the next five years as technology costs fall and emerging markets spur growth, a sector report said on Wednesday.

Last year, 51.3 gigwatts of new wind facilities were added worldwide, bringing the cumulative capacity to 591 GW, announced the World Wind Energy Council in an annual report on 39 wind industry.

According to forecasts, more than 300 GW of new capacity should be added by 2023, pulled by the emerging markets of Africa, the Middle East, Latin America and Asia. Southeast, as well as by the growing competitiveness of offshore wind.

"In the short term, government support, in the form of auction programs and call for tenders and targets for renewable energy, will remain an important driver for new facilities, "said GWEC.

"In addition, the commercial wind power business opportunities are increasing as the industry continues to prove its cost competitiveness and as bilateral agreements, such as purchase contracts, are becoming increasingly important." electricity between companies, develop, "adds the text.