The future of the wind energy seems to be bright. Though the global recession and the failure to create a much better commercial conditions to support more green investment could slow down the growth in the next few years, production will accelerate again by 2020.
As per a report by the Global Wind Energy Council (GWEC) and Greenpeace International, it is expected that wind could supply one tenth of the world’s power. The Global Wind Energy Outlook looks at three phases for wind energy – scenarios for 2020, 2030, and eventually 2050.
These three different scenarios are measured against two different projections for the development of electricity demand: the first based on the International Energy Agency’s World Energy Outlook, and another, more energy efficient future developed by the ECOFYS consultancy and researchers at the University of Utrecht.
The report, after measurement, predicts that installed capacity could increase more than four-fold from 240GW at the end of last year to 1,100GW by 2020, supplying between 11.7 per cent and 12.6 per cent of global electricity, and reduction nearly 1.7 billion tons of CO2 emissions.
From the reports it is clear that wind energy is going to play a major part in the energy future. It also states that the government’s help would be necessary for the development of renewable energy policies and for the sector to reach its full potential.