Judging by the recent predictions made by Make Consulting in their global forecast, the gust of wind sweeping through the world is expected to grow in strength. Earth\’s wind turbines are set to double their capacity by 2027.
The United States is one of the leading countries when it comes to wind power, but by 2022, expansion is now expected to be a threshold – and then tapered off as current tax rates are phased out. However, forecasts are still extremely positive, as several other markets are on the rise.
China is the crouching tiger in this example. Wind power at sea is expected to increase by more than three gigawatts per year between 2022 and 2027. In southern and central America, Argentina, Brazil, Colombia, Mexico and Peru are planning investments that will increase capacity by 14 percent per year.
According to those same consultants, the Middle East and Africa will have an annual triple of its capacity until 2027. Only in Saudi Arabia is a contract equivalent to 1.2 gigawatts. However, Make Consulting warns that some markets may scare risk-conscious investors. Among the countries that are experienced to be insecure are Turkey, Argentina, Egypt and Iran. But even Austria and South Africa are being considered with some scepticism by investors, as their regulations have been felt as weak in recent years. But overall, global development is promising.
In Europe, the trend towards wind power is at sea, especially in Sweden, Denmark, Great Britain and Ireland. According to the researchers, half of the country\’s new offshore facilities are being built. For France, Germany and the Netherlands, the corresponding figure is ten percent. Over a ten-year period, a quarter of all new wind power produced in Europe is expected to come from offshore installations.
For a strong illustration of Northern European interest in this question, one does not need to look away from the shores of Norway and Sweden where the Norwegian company Fred Olsen Renewables planning to build 44 new wind turbines.
A country that has been rather late to this big boom in wind energy is France, but they are slowly catching up with the homework needed to jump on the gust of wind.
Wind energy represents 4% of French electricity production and about 20% of renewable energy produced in the country. The latter are still dominated by hydropower, which uses the driving force of rivers. But the potential of hydropower is stagnating, with the main resources already being exploited.
Wind energy is still in its infancy and opens interesting perspectives. Moreover, if the world average is close to 4% seen in France, some countries go much further. In Europe, Denmark produces more than 40% of its electricity from wind turbines, followed by Spain (around 20%) and the United Kingdom (almost 13%).
In France, the wind farm currently consists exclusively of onshore wind turbines installed over the last 10 to 15 years. Its capacity of 13.4 GW at the end of 2017, increases by about 1 GW per year. Continuous development, but below the targets set by the state.
Due to the inevitable barrier to this sweeping force, in the form of climate change, a world facing this obstacle should make sure to lower carbon emissions under all possible circumstances. The advantages are in the phase of cliché, but that does not mean that they aren\’t powerful as a necessity in response to the elephant in the room; wind is free and ubiquitous and should be taken advantage of. Perhaps, as we\’ve seen in the world, it could be a solution to the geopolitical challenges in the form of maintaining a continuous oil supply as major powers vie for control in the Middle East and elsewhere. A thought or two could really make Earth sustainable in this regard.
Daniel Vice – Evolvera: always changing, always evolving.