Wind Power Chalks Up More Strong Numbers
The Global Wind Energy Council released its annual market statistics: the 2016 market was more than 54 GW, bringing total global installed capacity to nearly 487 GW. Led by China, the US, Germany, and India; and with surprisingly strong showings from France, Turkey and the Netherlands, the global market was nonetheless less than 2015’s record total.
“Wind power continues to grow in double digits; but we can’t expect the industry to set a new record every single year”, said Steve Sawyer, GWEC Secretary General. “Chinese installations were an impressive 23,328 MW, although this was less than 2015’s spectacular 30 GW, which was driven by impending feed-in tariff reductions. Also, Chinese electricity demand growth is slackening, and the grid is unable to handle the volume of new wind capacity additions; although we expect the market to pick up again in 2017.” The Chinese offshore market began what many hope is the sector’s long awaited take-off in 2016, with China passing Denmark to achieve 3rd place in the global offshore rankings, after the UK and Germany.
India set a new national record with 3,612 MW of new installations, 2016’s 4th largest market; this brings the country’s total to 28,700 MW, consolidating its 4th position in total cumulative installations as well. “We have great expectations for the Indian market”, continued Sawyer, “and we look forward to seeing offshore making a contribution in India in the next few years.”