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GWEC | Global Wind Report, 2024

GWEC |  Global Wind Report, 2024

Record year for wind energy shows momentum but highlights need for policy-driven action

April, 2024. Abu Dhabi | The global wind industry installed a record 117GW of new capacity in 2023, making it the best year ever for new wind energy. Despite a turbulent political and macroeconomic environment, the wind industry is entering a new era of accelerated growth driven by increased political ambition, manifested in the historic COP28 adoption of a target to triple renewable energy by 2030.

The report highlights increasing momentum on the growth of wind energy worldwide:

  • Total installations of 117GW in 2023 represents a 50% year-on-year increase from 2022
  • 2023 was a year of continued global growth – 54 countries representing all continents built new wind power 
  • GWEC has revised its 2024-2030 growth forecast (1210GW) upwards by 10%, in response to the establishment of national industrial policies in major economies, gathering momentum in offshore wind and promising growth among emerging markets and developing economies

 

 

Offshore Wind and Hydrogen

 

 

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