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Global Wind Energy Council - GWEC: Continuing boom in wind energy - 20 GW of new capacity in 2007

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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-21-08 02:17 PM
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Global Wind Energy Council - GWEC: Continuing boom in wind energy - 20 GW of new capacity in 2007
Edited on Mon Jan-21-08 02:18 PM by bananas
http://www.gwec.net/index.php?id=30&no_cache=1&tx_ttnews=121&tx_ttnews=4&cHash=f9b4af1cd0

18 / 01 / 2008 09:50 Age: 3 days

Continuing boom in wind energy - 20 GW of new capacity in 2007

Record installations in US, China and Spain

The global wind energy markets have seen another record year in 2007, with 20 GW of new installations. This figure, which was released today by the Global Wind Energy Council (GWEC), is up by 30% compared to the new installations in 2006, while the sum of the world’s total installations has increased by 27% to reach over 94 GW by the end of 2007.

"Emissions-free wind power can be brought on line quickly, and must play a major role in meeting climate protection targets. This is especially the case in the critical period between now and 2020 when greenhouse gas emissions must peak and begin to decline if we are to avoid the worst impacts of climate change”, said Steve Sawyer, Secretary General of GWEC.

Wind energy has now become an important player in the world’s energy markets. In terms of economic value, the global wind market is estimated to be worth about 25bn EUR or 36bn US$ per year in new generating equipment.

“Wind power is increasingly economically competitive with conventional sources of electricity. Increasing volatility in fossil fuel prices and increased concerns about energy security mean that wind power is often the most attractive option for new generation capacity, from any point of view,” said GWEC’s Chairman, Prof. Arthouros Zervos.

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