Today's KNOWLEDGE Share:
The World’s Biggest Wind Turbines
Wind generated 6.6% of the world’s electricity in 2021, up from 3.5% in 2015, when the Paris Agreement was signed, making it the fastest-growing source of electricity after solar.
A number of countries have achieved relatively high levels of wind energy penetration in their electricity grids.
Wind’s share of electricity generation was nearly 50% in Denmark and sits above 25% in countries such as Ireland, Uruguay, and Portugal. In the United States, wind supplied 8.4% and closer to 10% in India of total electricity generation.
The global wind turbine market size was valued at $53.4 billion in 2020 and is projected to reach $98.4 billion by 2030, growing at a CAGR of 6.3%.
As one of the fastest-growing segments of the energy sector, wind energy generation will continue to grow as wind turbines also scale up in size.
Source:Thailys magalhaes/windmarket
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