The Future of Wind Power

December 7, 2012

Around the world, investors are waiting to see if the US is going to put up or shut up when it comes to the future of wind power. It’s going to take a lot more than just enthusiasm to encourage growth of this renewable resource that could be providing up to 12% of global energy by 2020.

Wind Energy Future

Wind Energy Future

According to the 2012 Wind Energy Outlook Report the most important factor in determining the expansion of wind power are the government policies that directly effect investors.

The Future of Wind Power

The report paints a picture of three different futures for the wind industry, looking at scenarios out to 2020, 2030 and, eventually, to 2050, and then measures these scenarios against two different projections for the development of electricity demand: the first based on the International Energy Agency’s (IEA) World Energy Outlook, and another, more energy-efficient future developed by the ECOFYS consultancy and researchers at the Utrecht University in the Netherlands.

“It is clear that wind energy is going to play a major role in our energy future,” says Steve Sawyer, secretary general of the GWEC. “But for wind to reach its full potential, governments need to act quickly to address the climate crisis, while there’s still time.”

“The most important ingredient for the long-term success of the wind industry is stable, long-term policy, sending a clear signal to investors about the government’s vision for the scope and potential for the technology,” adds Sven Teske, Greenpeace senior energy expert. “The Global Wind Energy Outlook shows that the industry could employ 2.1 million people by 2020 – three times more than today, given the right policy support.”

See the Full Article on North American Wind Power 

It will be interesting to see how quickly governments can adjust their policies towards a safer, cleaner energy supply. Politicians all talk a great game when it comes to the future of wind power but it’s time to decide it they’re going to, as the saying goes, put their money where their mouth is.

 

 

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