The Path to Drawdown: Wind Manufacturing
To solve climate change and remain below 1.5ºC of global temperature increase, the globe needs to switch to generating power from fossil fuels to using 100% emissions free sources.
Global wind capacity has risen steadily by around 20% per year for the past decade. Thanks to this expansion, the cost of electricity generated from wind continues to fall, even in areas with low wind speeds.
According to Project Drawdown, to be on a path to remain under 1.5C° of warming, onshore wind turbines will need to be generating 26.85% and offshore wind generating 3.2% of global electricity by 2050.
To get there, the onshore wind industry will need to continue to scale over the next few decades
- <::marker> 1,212 TWh of onshore wind electricity generated in 2018
- <::marker> 21,715 TWh needed by 2050
- <::marker> CAGR of 9.44% from 2018 - 2050
The IEA projects (p. 198) that, to reach a 100% clean electricity grid by 2050, annual wind capacity will have to increase from 737 GW in 2020 to 3101 GW in 2030, and finally to 8265 GW in 2050.