GWEC Global Wind Report 2018
GWEC Global Wind Report 2018
GWEC Global Wind Report 2018
REPORT 2018
GWEC | GLOBAL WIND REPORT 2018 3
GWEC upcoming events
4 GWEC.NET
Foreword
This is the 14th annual report on the status of the global wind industry by the Global Wind Energy
Council. It provides a comprehensive overview of the global industry at a specific moment in time; an
industry now present in more than 90 countries, 30 of which have more than 1,000 MW installed, and 9
with more than 10,000. The information contained in this report, market data, profiles and analysis,
have been collected primarily through GWEC’s member associations and companies around the
world, as well as from governments and independent analysts. We thank all of our contributors and
look forward to continuing our collaboration in the future.
GWEC | GLOBAL WIND REPORT 2018 5
Sponsor
6 GWEC.NET
Foreword
GWEC | GLOBAL WIND REPORT 2018 7
Foreword
And it’s not just governments. The The Global Wind Energy Council
oil majors are starting to make intends to play its part and has
serious strides into the power announced a series of Task forces
sector in general, and the wind to help speed up the energy
sector in particular, as the transition and the deployment of
imperatives of carbon reduction wind energy in key areas. We are
and demand from their investors confident that with the best efforts
and customers to sensibly of all, we can grasp the great
manage the energy transition opportunity that lies ahead.
8 GWEC.NET
Sponsor
There Is No Alternative
Reducing global CO2 emissions is development data and forecasts to Hamburg and the global
one of the great challenges of our support educated decisions. For WindEurope Conference, which
time. In many parts of the world, companies wishing to enter the takes place in parallel, jointly form
however, it appears more than international business or expand the Global Wind Summit, the
uncertain whether the goals of the their range of activities into biggest global gathering of the
Paris Climate Agreement will be additional wind regions, there is no wind industry. Our joint
achieved. But there is no report more comprehensive than commitment provides significant
alternative, and without doubt the this. We, the organisers of impetus to help drive the global
wind industry has a prominent part WindEnergy Hamburg, the world’s energy transition towards
to play in the concert of solution leading expo for onshore and achieving a CO2-free energy
strategies. As a consequence, the offshore wind energy, are proud to supply for the world. Bernd Aufderheide
continued development of wind support GWEC by being the President and CEO
power across the globe is an sponsor of the Global Wind Report Hamburg Messe und Congress
GWEC | GLOBAL WIND REPORT 2018 9
INTRODUCTION
10
Introduction
GWEC | GLOBAL WIND REPORT 2018 11
Introduction
12 GWEC.NET
MARKET DRIVERS
13
Market Drivers
Revised business models with broadened competencies represent an opportunity for the wind industry to
prove its competitiveness and leading role in the energy transition.
14 GWEC.NET
Market Drivers
2. Corporate sourcing –
Maturing models and growth driver
Corporate sourcing or corporate PPA for 235 MW in Sweden for as
PPA have continued to grow long as 29 years; the longest
during 2018, the model of duration of a corporate PPA so far.
corporates signing PPAs or
sourcing electricity directly from Going forward, two key areas are Corporate PPAs for wind energy by signing year
the asset owner has matured. required for corporate sourcing MW, onshore and offshore
6,873
Several sourcing and PPA models to become an even stronger and
were executed (e.g. multi-buyer more stable growth driver:
PPAs, proxy revenue swap, private
wire PPAs etc.) and corporates, 1) Establishing corporate
asset owners, financiers and sourcing in developing
banks have increased their markets (e.g. regulatory
experience of how to structure changes) 4,179
such deals. Still, the majority of
the corporate sourcing of wind 2) Smaller/ local corporates to 3,150
energy has taken place in North enter corporate sourcing (e.g. 2,726
America and Northern Europe through aggregation of a
with large corporates involved. customer base, an approach
According to BloombergNEF, 60 Vattenfall is working on)
per cent of wind energy
corporate sourcing deals in 2018 The next few years will show if
were signed in North America corporate sourcing can become a
where the largest volumes were growth driver. Otherwise,
sourced by AT&T, Walmart and corporate sourcing will continue
Facebook. to enable volumes but only 2015 2016 2017 2018
contained to certain markets and
Source: BloombergNEF Corporate PPA Database
These are examples of how corporates.
corporate sourcing has become
an alternative driver of volume Assuming a market volume of 50 to 55 GW each year based on order
besides national targets and intake activity, installations levels, corporate PPAs made up 12.5 per
electricity demand. In Sweden, cent of the market volume during 2018 (7.4 per cent during 2017)
Norsk Hydro signed a corporate
GWEC | GLOBAL WIND REPORT 2018 15
Market Drivers
Small/
Challenges to identify the Opportunity to secure supply and
local
l l
16 GWEC.NET
Market Drivers
GWEC | GLOBAL WIND REPORT 2018 17
Market Drivers
1. Cost
efficiency 2. Renewable 3. Security/Timing
Finding the cheapest and most integration of supply
efficient solutions. This can mean a Enablers for controlling and Managing the supply based on
low LCOE, this can also mean the dispatching renewable and wind timing of demand and to create
best revenue solution for the asset energy based on energy system solutions to compete against fossils
owner and the offtaker in order conditions such as grid rules. like coal energy.
to generate energy efficiently.
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Market Drivers
Complementary solution/ Wind energy projects in different locations or a wind projects and other energy projects in different locations
virtual power plant which are virtually managed as complementary solution
Example: Luneng Haixi Multi-mixed Energy Demonstration Project , China
Financial solution, e.g. Corporate Wind energy project is part of a financial solution which can exclude actual physical delivery of electricity. It
sourcing models, free market covers corporate PPAs and risk management tools like revenue swaps
mechanism/ trading Example: Lal Lal wind farm, Australia
Onsite provision, off grid solutions Wind energy projects plus storage or other energy sources to supply production plan or to be part of a
micro-grid or decentralised energy system
Example: Aguni Wind Farm, Japan
GWEC | GLOBAL WIND REPORT 2018 19
Market Drivers
Models for wind energy- based solutions and Cost-efficiency Renewable integration Security/ Timing of supply
other energy sources and/ or storage solutions
Co-location, Hybrid solution l Lower EPC cost l Improvements of grid l Stable supply guarantee
l Sharing grid access management
Complementary solution/ virtual power plant l Revenue optimization l Virtual integration l Flexible response based
bypassing grid challenges on demand
Financial solution, l Tool to lower risk profile l Incentive to increase share l Not relevant
e.g. Corporate sourcing models, free market of wind due to low cost
mechanism/ trading
Onsite provision, off grid solutions lAlternative to wholesale l Not relevant l Supply steered to meet demand
market prices
20 GWEC.NET
Market Drivers
GWEC | GLOBAL WIND REPORT 2018 21
MARKET STATUS 2018
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Market Status 2018
GWEC | GLOBAL WIND REPORT 2018 23
Market Status 2018
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Market Status 2018
increased new
installations, Europe 0.3
-4.8
0.6
decreases 2.7
Total 2017 China USA Mexico Africa,ME Europe India Other Offshore 2018
onshore
(net)
GWEC | GLOBAL WIND REPORT 2018 25
Market Status 2018
Canada 1%
United Kingdom 1% PR China 45% China 40%
Sweden 2%
Mexico 2% Germany 22%
France 3% 46.8GW 4.5GW
Brazil 4%
India 5%
India 6%
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Market Status 2018
CAGR
Onshore
Offshore +7%
CAGR
-3%
63.8
3.4
26.9
0.4
20.3
0.3
14.7
11.5 0.1
8.2 0.1
6.5 7.3 8.1
0.2 0.3 0.1
0.1
6.4 7.1 7.9 8.1 11.4 14.6 20.0 26.5 37.9 38.2 39.8 43.9 34.5 50.2 60.4 52.7 49.0 46.8
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
GWEC | GLOBAL WIND REPORT 2018 27
Market status 2018
Onshore CAGR
Offshore 591
+13% 540 23
19
488
14
CAGR 433
+17% 12
370
319 8
283 7
CAGR 238 5
+26%
198 4
159 3
94 121 2
59 74 1
31 39 48 1
24 -1 -1
-1 -1
0 0
31 39 47 58 73 93 119 157 195 234 278 312 362 421 473 522 568
24
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
28 GWEC.NET
Market Status 2018
GWEC | GLOBAL WIND REPORT 2018 29
GWEC’S TASK FORCES
AND COMMITTEES
30
GWEC’s Task forces and committees
GWEC’s Global Offshore Wind GWEC’s South-East Asia Task GWEC Latin America is made up Sub-Saharan Africa has abundant
Task force accelerates the force, made up of major of major developers, investors and renewable energy resources, and
development of offshore wind developers, investors and manufacturers in the sector to has some of the world’s fastest
technology in non-European manufacturers provides the policy, advance the deployment of wind growing economies. From strong
markets such as Asia and North market and technical information technology in the region. The beginnings in South Africa,
America. Chaired by Alastair needed for the development of future prospects as a region are Ethiopia and Kenya, the industry
Dutton, the task force is made up of new emerging wind markets excellent with Argentina, Brazil, has the opportunity to be a major
leading developers, investors and across the region. South-East Asia Chile and more recently, Colombia player in powering Africa’s growth,
manufacturers in the sector, as well has a vast potential for wind all turning to wind technology. creating new jobs and building a
as technical experts and technology, with encouraging GWEC’s task force provides local supply chain. The Africa Task
inter-governmental organisations markets developing in Taiwan, expert guidance to enable this Force seeks to build regional
Vietnam and the Philippines. advance in the wind industry. cooperation to help African wind
reach its full potential.
For more information about GWEC’s Task forces and Committees please contact Alyssa Pek alyssa.pek@gwec.net
GWEC | GLOBAL WIND REPORT 2018 31
GWEC’s Task forces and committees
32 GWEC.NET
GWEC’s Task forces and committees
GWEC | GLOBAL WIND REPORT 2018 33
Task Forces and Working Groups
34 GWEC.NET
GWEC’s Task forces and committees
GWEC | GLOBAL WIND REPORT 2018 35
GWEC’s Task forces and committees
36 GWEC.NET
GWEC’s Task forces and committees
GWEC | GLOBAL WIND REPORT 2018 37
MARKETS TO WATCH
38
Market to watch | Vietnam
GWEC | GLOBAL WIND REPORT 2018 39
Market to watch | Vietnam
40 GWEC.NET
Market to watch | Thailand
automobile sector to invest in one-fifth of the 3,002 MW targeted 2015 2016 2017 2018
electric vehicles. Meanwhile, by 2036 in the government’s
consumption at the current rate Alternative Energy Development Total capacity New capacity
GWEC | GLOBAL WIND REPORT 2018 41
Market to watch | Thailand
42 GWEC.NET
Market to watch | Philippines
216 211
location means it may not be able to The Renewable Energy Act in 2008
rely on interconnections with the and its blueprint, the National
planned ASEAN Power Grid. On the Renewable Energy Plan (NREP) in
supply side, nearly half of 2011, set the goal of tripling
Philippines’ energy supply comes renewable energy capacity from
from imported fossil fuels, leaving it its 2010 level to 15,304 MW by
exposed to price fluctuations. 2030, of which 2,345 MW is
0 0 0
allocated for wind. While the 2.35
These realities are pushing officials GW target by 2030 is remarkably 2015 2016 2017 2018
towards alternative and indigenous low compared to the country’s 76
energy sources, in order to GW potential wind capacity, Total capacity New capacity
GWEC | GLOBAL WIND REPORT 2018 43
Market to watch | Philippines
officials have expressed off-grid supply – and a proposed renewable energy projects are
commitment to attaining wind grid Green Energy Option for end-users still perceived to be high-risk.
parity by 2025, and for the to purchase renewable energy in an
Philippines to become the top open-access market. l Tax incentives: Proposal HB 4774
wind energy producer in South- (2017) amends the zero-rated
East Asia over the next decade. The government has formally VAT status of renewable energy
committed to a technology-neutral sales to VAT-exempt, which might
Following the issuance of FITs for approach and fair playing field in its raise production costs if passed
wind in 2012, enthusiastic energy system. However, it needs to – a space to watch.
developers piled in and the initial reconsider the available incentives
200 MW allocation was to renewable energy investors, and l Policy: Institutional capacity is a
oversubscribed within three years. possibly resync targets with its challenge, with the DOE’s
Installed wind capacity swelled enormous endowment of potential Renewable Energy Management
from 33 MW in 2012 to 426.9 MW, wind capacity. Bureau considered overstretched.
as of June 2018 – a stand-out figure As public sentiment can
in the region. Yet, with more than 50 Current Challenges: significantly impact official policy
wind projects currently registered l Permitting: While efforts have positions, partnership dynamics
with the Department of Energy been made to streamline are important.
(DOE), installations have lagged regulatory procedures for
behind official targets due to a energy projects, bottlenecks and l Infrastructure: Grid instability is
challenging pro-coal policy red tape in the approvals process a medium-term risk – the surge
environment. remain an issue. in volume and variability of
renewables is showing signs of
Unlocking potential in l Investment: Foreign ownership impacting grid operations in
the wind market of renewable energy projects is northern Luzon. The government
While the coal train pushes on in the currently limited to 40 per cent. is assessing its smart grid and
Philippines (coal generation is set to Domestic commercial banks are storage policies.
increase five-fold by 2030), so does open to lending, although loan Sources: GWEC Market Intelligence; World Bank;
forecast energy demand. A strong terms tend to be conservative as IRENA; DOE, USAID; press; expert interviews.
framework to develop wind energy
is needed to upscale the
deployment of wind projects. Tipping Point:
Promising initiatives include the The DOE is currently undertaking a review of the NREP parameters
formulation of the formulation of an and targets, and is expected to shortly release a revised version, with
RPS scheme – while rather low, these a potential greater allocation for wind. Legislative elections in May
mandate a minimum percentage of 2019 may also impact the political commitment to renewable energy.
renewable generation in on-grid and
44 GWEC.NET
Market to watch | Indonesia
cent from 2000 to 2014. Demand MEMR issued tariff guidelines for
for electricity is set to triple over renewable energy in 2017, a year in 0 0 0 0 0 0
the next decade, as the country’s which it signed 70 PPAs with
population grows and its mining renewable energy (wind, biomass, 2015 2016 2017 2018
and manufacturing industries biogas, solar) generators. Wind and
Total capacity New capacity
march on. other renewable energy projects
are seen as particularly important in
To a large extent, this demand will filling-in the existing electrification
be met by Indonesia’s own gaps in remote/rural areas and Next tipping point or main event to influence the
reserves – coal supplies nearly small islands. In July 2018, President onshore wind market
one-third of the country’s energy, Joko Widodo inaugurated the
with enough proven domestic country’s first wind power project in General election scheduled for April 2019 to revisit Indonesia’s
reserves to last another seven South Sulawesi, the 75-MW Sidrap energy priorities (e.g. drive electrification through the support
decades at current consumption Wind Farm, with a second farm of onshore wind)
levels. While exploitation of nearing completion in Jeneponto.
GWEC | GLOBAL WIND REPORT 2018 45
Market to watch |Indonesia
The Ministry of Energy and project financing and government development roadmap is littered capped at 85 per cent of the
Mineral Resources (MEMR) has commitments. The latest with potential stranded assets. regional production cost, if it is
targeted 23 per cent of primary electricity plan (RUPTL 2018- higher than the national cost. If
supply to be generated by 2027) released by Indonesia’s Wind is an increasingly cost- the regional cost is lower, tariffs
renewables by 2025, and 31 per sole offtaker, Perusahaan Listrik effective energy option, are negotiated directly with PLN.
cent by 2050. Of the 45 GW Negara (PLN) – an SOE which particularly for a country facing
targeted for renewable energy controls system transmission, rapidly growing power demand l Policy: Electricity prices are
capacity by 2025, it is aiming for distribution and more than and distribution challenges. subsidised and some of the
1.8 GW of installed wind capacity. two-thirds of power generation Despite declining technology costs highest in the region. Pricing
and an attractive value proposition reform has stalled in the pre-
for wind energy, bureaucratic election period, but may be
Wind is an increasingly cost-effective challenges and uncertainties
around regulation and pricing have
revisited after the general
election in April 2019.
energy option, particularly for a country hindered investor interest. Officials
need to send stronger market
facing rapidly growing power demand and signals of a commitment to a more
distribution challenges. diversified, transparent and flexible
energy system.
Current Challenges:
l Permitting: A regulation in 2016
Potential onshore wind capacity assets in the country – in March sought to reduce the licensing
across Indonesia’s more than 2018 doubles down on a coal- requirements from 52 licenses in
17,500 islands is 9.29 GW, dependent energy system and 923 days to 22 licenses in 256
according to the MEMR, with the adopts a more conservative days. While online systems have
most promising resources on approach to adoption of reduced processing times, the
Java-Bali, Sulawesi and Nusa renewables. permitting process can be
Tenggara. Given the lengthy.
concentration of residents and Unlocking potential in the
energy demand on Java, most wind market l ocal content: IPPs must meet
L
development in the next few years Indonesia’s subsidised electricity local content requirements – the
will be in this region. and reliance on its coal wealth form country’s first utility-scale wind
a crutch which will not last – PLN is farm, in Sidrap, used 40% local
But statements by MEMR officials already overleveraged, and while it materials.
in late 2018 revised its 23 per has advised that no new coal plants
cent TPES renewables target by will be developed beyond those l Investment: There is no set FIT Sources: GWEC Market Intelligence; World Bank;
2025 downward, amid a stalling of already in planning, its for wind power – prices are IRENA; MEMR; PLN; press; expert interviews.
46 GWEC.NET
Market to watch | Argentina
GWEC | GLOBAL WIND REPORT 2018 47
Market to watch | Argentina
programme, RenovAr, took place However the major challenge now the FODER scheme and accords auctions, a growing corporate PPA
in 2016, with 708 MW in wind for continued growth of the wind with the World Bank which provides and strong public support indicate
capacity contracted out of a total sector once the current pipeline operators with a put-option. great promise. Looking ahead,
1,109 MW. The wind allocation was has been built is the lack of large regulated market tenders
oversubscribed nearly six-fold, available grid connection However, continued macro- with grid are needed to allow
prompting the government to hold capacity. Government plans to economic volatility continues to continued Argentina’s wind energy
RenovAr 1.5 later that year, with carry out large scale tenders for make for a difficult investment market and meet its renewables
wind prevailing to contract 765 new grid through a private-public climate, with the bulk of financing target of 20% by 2025.
MW of the 1.3 GW awarded. participation (PPP) model have so for wind projects coming from
far failed to take place, and the balance sheet, export credit Current challenges:
Following RenovAr 2.0 in 2017 for government is now studying the agencies or multilaterals, rather l Investment: Project financing
1.8 GW of capacity, Argentina had possibility of carrying out further than international project finance. continues to a challenge due to
awarded 3,738 MW of capacity tenders which will allow Argentina’s risk profile. Offtaker
to 63 wind power projects, generators to propose and carry Market administrator and clearing risk with CAMMESA, continues
concentrated in southern out grid extensions as part of house CAMMESA, is overleveraged to be a worry, despite the
Buenos Aires Province their bids. and enmeshed in a complex of different guarantee schemes.
Region, Puerto Madryn legacy cross-subsidy arrangement
and Santa Cruz/Chubut. Meanwhile, the government is with the state, with provincial l Infrastructure: Grid transmission
carrying out the RenovAr MiniRen governments, distributors, and and distribution constraints are
Part of this capacity has 3.0, which foresees projects of less generators including large debts slowing down the deployment of
come from contracts than 10MW in size which will owed to it and by it. CAMMESA’s wind energy projects, and
signed in Argentina’s connect to local distribution short term lack of solvency has government has taken too long to
promising corporate PPA networks. The government recently reportedly led to the FODER carry out tenders for expansions
market known as MATER, as extended its application period for guarantee scheme being used for
large power users seek to avoid MiniRen to May 2019. payments for the first time. l Policy: As each province has its
market risk and achieve lower own Provincial Electricity
wholesale price by meeting their Unlocking potential in Adding to uncertainty around the Regulator (ENRESP) and one or
mandated renewable power the wind market investment climate are the more primary distribution entity,
obligations directly from wind Argentina’s government has thus upcoming elections in October 2019 local stakeholder management is
power and other renewable made huge positive strides, with a (see below), which could put further key. The future of the RenovAr
energy producers. As of late well-designed regulatory pressure on key macroeconomic programme will depend on the
2018, some 827MW of wind framework creating transparency indicators such as the Peso/USD incumbent/incoming
generation capacity had been and open competition, PPA’s exchange rate and inflation. administration’s support
contracted through MATER, so denominated in USD to reduce following general elections in
large scale corporates such as current risk, and multiple Still, for the mid-term, a strong October 2019.
Aluar, Fravega, Toyota and other guarantees to mitigate the risk of framework of ambitious national Sources: GWEC Market Intelligence; World Bank;
companies. payment delay or default through targets, technology-specific IRENA; ME&M; CAMMESA; press; expert interviews.
48 GWEC.NET
Market to watch | Columbia
GWEC | GLOBAL WIND REPORT 2018 49
Market to watch | Columbia
Tipping point
Results from the Reliability Charge auction were announced in March
2019, allocating 1,398 MW of capacity to wind and solar energy
projects via auction for the first time. The first large-scale renewable
energy auction scheme, excluding hydropower, will run in Q2 2019,
possibly June 2019.
50 GWEC.NET
Market to watch | Peru
GWEC | GLOBAL WIND REPORT 2018 51
Market to watch | Peru
Following three more RER auctions gas, subsidised by the renewable energy with long-
in 2011, 2013 and 2016, the government, retains the lowest term, mandated targets. As a
government commissioned a total tariffs), it is expected to play a result, the auction scheme has
of 71 clean energy projects and larger role in diversifying the been run according to a flexible
1.34 GW of total renewable energy mix. timeline and shorter-term
capacity. forecasts; officials cite the
Off-grid generation is on the country’s oversupply of
Contracts picked up in the last horizon, due to the demands for generation as the reason for the
auction in 2016 saw a dramatic cheap power from Peru’s mining postponement of the fifth RER
pricing adjustment for wind and industrial operations. Officials auction. Graft in the public sector
projects down to USD 38/MWh, are also aiming to boost wind is also an issue, with corruption
among the lowest subsidy-free scandals tainting a number of
tariffs on the continent at the time. former heads of state and senior
GWEC officials.
Unlocking potential in expects further
the wind market l Infrastructure: Transmission
That most RER investment has procurement rounds. capacity needs to be built in
gone into onshore wind and small order to deploy wind and
hydro projects is a promising sign renewable energy in certain
of foreign investors’ readiness to deployment in the south, where areas, such as in the Andes
back wind energy in Peru. A many mining companies are regions.
planned fifth auction for 2017 was concentrated, in support of the
postponed to the end of 2018, but rural electrification programme.
never materialised, with MINEM But meaningful plans need to be
officials citing the slow realisation laid now to capture this potential,
of auctioned projects. Oversupply and build the capacity needed to
of generation and reserve margins meet Peru’s future energy
that exceed the country’s present demands.
energy needs have also prevented
projects from moving ahead. Current challenges:
l Investment: PPAs are in USD, but
Going forward, GWEC expects the 20-year lifetime of the
further procurement rounds. But agreements makes foreign
Peru’s oversupply is due to taper exchange risk a factor.
off by 2021 – and as wind
becomes increasingly cost- l Policy: Peru has not published a
competitive for consumers (natural national framework or plan for
52 GWEC.NET
MARKET OUTLOOK
2019 TO 2023
53
Market Outlook 2019 to 2023
54 GWEC.NET
Market Outlook 2019 to 2023
GWEC | GLOBAL WIND REPORT 2018 55
Market Outlook 2019 to 2023
19.0
15.8 4.0
14.8 2.0 1.9
3.3
11.9 12.7
10.2 12.5 12.5
9.6 9.0 10.5 1.4
3.8 8.3 1.3 1.0
1.8 3.1 3.7 1.0 1.4
15.0
12.5 0.7 1.0
8.2 0.8
6.5 6.5 6.5 1.0
0.7 0.7 0.5 0.3 0.4
2018 2019e 2020e 2021e 2022e 2023e 2018 2019e 2020e 2021e 2022e 2023e 2018 2019e 2020e 2021e 2022e 2023e
LatAm N America Europe Other Africa, MENA S Africa
32.2
28.3 30.4 3.0 Offshore 10.1
0.8
27.5 2.9 26.7
24.9 2.5 3.1 GW 8.3 9.9
1.5 8.2 3.2
2.2 5.1 5.2 6.5 2.5
6.6 4.8
5.3 4.3
4.5 4.9
21.2 20.0 20.0 21.0 21.0 21.0 2.3
1.8 3.1
4.3 5.6 4.5
3.3 1.8 3.0
2018 2019e 2020e 2021e 2022e 2023e 2018 2019e 2020e 2021e 2022e 2023e
Other Asia-Pacific India China Asia offshore N. American offshore European offshore
56 GWEC.NET
APPENDIX
58
Appendix
Image usage
Cover Vestas Wind Systems A/S 22 Noupoort Wind Farm 48 Parque eólico Bons Ventos
3 West Bengal Renewable Energy Development Agency 30 Arkins 50 Enel SpA
3 Enercon GmbH 34 Wonderful Engineering 52 Engie Group
3 Vestas Wind Systems A/S 38 West Bengal Renewable Energy Development Agency 53 Global Wind Day Photo Competition
8 Jose Vega Lozano 42 Global Wind Day Photo Competition 58 Siemens Gamesa Renewable Energy S.A
10 Enercon GmbH 44 Vestas Wind Systems A/S
13 Vestas Wind Systems A/S 46 Global Wind Day Photo Competition
GWEC | GLOBAL WIND REPORT 2018 59
Appendix
Market Intelligence
GWEC Market provides a series of
insights and data-based analysis on the Market Insights
Policy and Regulations Asset Owners
development of the wind industry. This Market statistics,
Country profiles, policy Database of asset owners
includes a market outlook, country profiles market outlook,
updates, offshore updates in key markets
and policy updates, deep-dives on the auction/tender updates
offshore market among other insights.
Karin Ohlenforst –
GWEC Market Intelligence created
Director of Market Intelligence
a Member only area to provide more
Joyce Lee – Policy and Operations Director
in-depth market intelligence to
Feng Zhao – Director of Strategy
GWEC’s members and their
employees.
How to access GWEC
Market Intelligence Click here to get your login
l Corporate GWEC-Members
l Non-GWEC Members
Subscription
Contact Feng Zhao feng.zhao@gwec.net
60 GWEC.NET
Appendix
Reports Frequency
Wind Energy Stats/ Market Data
Wind stats 2018 (and historic) Annual
Global Wind Report Annual
Wind Energy Statistics (Jobs, wind energy generated, number of turbines) Annual
Market Outlook
GWEC Market Outlook for the next five years Semi-Annual
Auction / Tenders
Auction trends and learnings Annual/Quarterly
Auction results database Annual/Quarterly
TF - Offshore Wind Market
Global offshore report Annual /Quarterly
Market Entry Opportunity Annual /Quarterly
Global offshore project pipeline Annual /Quarterly
Components Assessment
Gearbox (2019), followed by other components in 2020 Special report
Wind Asset Owners/ Operators
Ranking of wind asset owners and operators globvally, in key markets Annual
O&M
ISP - OEM - Self-Perform database Annual
GWEC | GLOBAL WIND REPORT 2018 61
Appendix
Gender diversity drives innovation, society and promote best practices and the promotion of sustainable
opens new pathways for within the wind industry, the Global development. We affirm that our
technology deployment, brings Wind Energy Council (GWEC) is efforts are in alignment with UN
valuable perspectives to social and teaming up with the Global Sustainable Development Goal 5
economic development and Women’s Network for the Energy (achieve gender equality and
provides a richer pool of talent for Transition (GWNET) to launch the empower all women and girls) and
key and emerging industries. In Women in Wind Global Leadership Goal 7 (ensure access to
the landscape of global issues Program. The programme, running affordable, reliable, sustainable
requiring strong stewardship and a from May 2019 to January 2020, is and modern energy for all).
skilled workforce, few areas are as designed to accelerate the careers
critical as the transition to a of women in the wind industry, Follow our journey and
sustainable energy system. support their pathway to apply for participation at
leadership positions and foster a https://gwec.net/
Yet, the renewable energy sector global network of mentorship,
continues to be dominated by knowledge-sharing and
men: Women make up less than empowerment.
one-third
GLOBAL of the renewables
WIND
workforce, and 75 per cent of them GLOBAL
In launching this programme,
ENERGY WIND
Jointly organised by: perceive
COUNCIL gender-related barriers ENERGY
GWEC and GWNET call on other To become a Leading or
in the sector. COUNCIL
stakeholders in the renewables Supporting Partner, please
industry to recognise the contact Deny Tenenblat at
GLOBAL
In order
WIND to advance the role of GLOBAL
importance of equal participation deny.tenenblat@gwec.net.
GLOBAL WIND ENERGY COUNCIL ENERGY
women
COUNCILas agents of change in WIND
in the fight against climate change
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