PR Newswire
22 Sep 2022, 16:46 GMT+10
More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power markets to accelerate renewable energy deployment.
NEW YORK, Sept. 22, 2022 /PRNewswire/ -- A global coalition of 108 leading wind energy companies and associations, representing 81% of installed wind energy worldwide, has challenged governments to take dramatic action to scale up wind and renewable energy in this decade.
If the world is to get on track for 1.5C-compliant pathway to net zero, annual global wind energy installations must quadruple by 2030 to around 390 GW per year, according to the International Energy Agency, and by 2050, wind energy must generate more than one-third of global electricity, up from 6% today.
But urgent action must be taken to realise this goal and unleash the full potential of wind technology to provide secure, affordable and clean energy for communities across the world.
The Global Wind Energy Manifesto for COP27 warns that while wind energy is one of the most competitive, mature and quickly deployable energy technologies we have today, to thrive it needs large, steady and visible volumes for deployment and a robust global supply chain.
This can only be achieved through clear and practical actions set out in the manifesto, including:
Making it clear that the wind industry stands ready to work together to achieve the required rapid scale-up of wind installations this decade, signatories of the manifesto include the largest companies in the sector such as Iberdrola, rsted, EDP Renewables, Vestas, Siemens Gamesa Renewable Energy, Copenhagen Infrastructure Partners, as well as the wind industry associations in China, Brazil, South Africa, Europe, the UK, Australia and more.
The wind industry is already delivering significant growth and benefits to the global energy system on security, cost and climate. In 2021 94 GW of wind energy capacity was added globally producing around 275 TWh of electricity per year - more than the current annual electricity demand in Australia and enough to displace over one-third of the EU's imports of Russian gas prior to the invasion.
But decisions at COP27 and in the next few years will determine whether the world can leverage wind and renewable energy to get on track for net zero and secure a livable, just and equitable energy transition.
Find the manifesto and quotes at: https://gwec.net/cop27-coalition-manifesto-released/
SOURCE Global Wind Energy Council
Get a daily dose of Kuala Lumpur Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kuala Lumpur Times.
More InformationSACRAMENTO, California: Intending to raise some US$160 million per year to help prevent gun violence, California Governor Gavin Newsom signed ...
MANILA, The Philippines: The Philippines remains steadfast in its resolve not to yield to Chinese efforts to obstruct its fishermen ...
VICTORIA, Texas: This week, U.S. District Judge Drew Tipton in Victoria, Texas, ruled that President Joe Biden did not have ...
WASHINGTON D.C.: The National Transportation Safety Board (NTSB) said it is investigating a JetBlue flight on Monday that experienced sudden ...
SEOUL, South Korea: Marking a tougher stand against North Korea, South Korea held its first large-scale military parade in over ...
WASHINGTON D.C. After hundreds of deaths overseas from contaminated cough syrups, the U.S. Food and Drug Administration (FDA) has cracked ...
MANILA, The Philippines: The Philippines remains steadfast in its resolve not to yield to Chinese efforts to obstruct its fishermen ...
SHAN STATE, Myanmar - According to a military source and a representative of a local rescue organization, a bomb explosion ...
DHAKA, Bangladesh - According to U.S. Ambassador to Bangladesh Peter Haas, addressing Dhaka's air quality problem is essential for public ...
ISLAMABAD, Pakistan - According to a high-ranking government official who briefed a parliamentary panel on Wednesday, although Pakistan has accelerated ...
KATHMANDU, Nepal - On Thursday, the National Human Rights Commission expressed its grave concern over attacks and mistreatment of medical ...
SEOUL, South Korea: Marking a tougher stand against North Korea, South Korea held its first large-scale military parade in over ...