Global wind report 2014
The Global Wind Energy Council launched its flagship publication the Global Wind Report: Annual Market update in Istanbul. The report details wind power’s remarkable growth in 2014, as well as updating GWEC’s rolling 5 year market projections, which show continued growth for the rest of the decade. Led by China and Brazil in the first instance, as well as Mexico and South Africa, non-OECD markets outstripped the traditional markets in Europe and North America again in 2014. China installed an astonishing 23 GW of new wind power last year, bringing its cumulative total to more than 114 GW, and Brazil was the world’s 4th largest market in 2014, and entered the top 10 in cumulative rankings for the first time. The African market took off in 2014, and Germany, Chile, Canada and Turkey also had record years. Wind power’s growth is increasingly driven by its competitive pricing, as well as because it enhances energy security, price stability and (especially in China) through the need to address the choking smog that is increasingly making major urban areas in the developing world unliveable.