Global wind energy capacity grows 19 per cent in 2012

The Global Wind Energy Council (GWEC) recently released its 2012 market statistics, showing continued expansion of the market, with global installed wind energy capacity increasing by 19 per cent in 2012 to 282,000 MW. Canada remains a global wind energy leader as it experienced the 9th largest increase in installed capacity in 2012 (936 MW). Both China and the United States, the world's wind energy leaders, installed more than 13,000 MW of new capacity in 2012.

"While China paused for breath, both the US and European markets had exceptionally strong years," said Steve Sawyer, Secretary General of GWEC. "Asia still led global markets, but with North America a close second, and Europe not far behind."

Canada now ranks 9th globally in total installed capacity with more than 6,500 MW of wind energy in operation - providing enough power to meet the annual needs of almost 2,000,000 Canadian homes. Ontario is the Canadian leader in the production of clean wind energy with more than 2,000 MW of installed capacity now supplying over 3 per cent of the province's electricity demand.

Both Ontario and Quebec will lead the country with new installations of clean wind energy in 2013 as the Canadian Wind Energy Association (CanWEA) expects to see a record year for new installations with the addition of almost 1,500 MW of new capacity - driving over $3 billion in new investments.

The growth of wind energy development in Ontario and Quebec continues to have strong public support. A 69 per cent majority of Ontarians agreed "Ontario should be a leader in wind and solar energy production", compared to only 20 per cent that disagreed, according to the results of a January Oracle Research poll commissioned by CanWEA.

Eleven per cent of respondents were neutral on the issue. The same poll also found that solar and wind energy scored highest in a top-of-mind question about Ontarians' preferred choice for new electricity generation. A February 9 public opinion poll (available in French only) published in Quebec's Le Devoir newspaper showed 79 per cent of respondents support continued wind energy development in that province.

"Wind energy continues to enjoy strong majority support as a choice for new electricity generation in Ontario and Quebec because it is understood to be both good for the environment and a provider of significant economic benefits for local economies that host developments," said Robert Hornung, president of CanWEA.

"Less well known is the fact that wind energy is also now cost-competitive with virtually every option for new electricity generation. It is for these reasons that wind energy continues to be the fastest growing mainstream source of electricity in the world."

The rapid growth of wind energy in Canada is also reflected south of the border where the American wind industry had its best year ever in 2012, with more than 13,000 MW installed. The extension of the Production Tax Credit (PTC) in the US means that although the market will slow substantially in 2013, it is unlikely to be as much of a slowdown as originally expected, said Sawyer.

Other highlights from the global annual market update include:

+ Mexico more than doubled its installed capacity, installing 801 MW for a total of 1,370 MW joining the list of countries (now 24) with more than 1,000 MW of wind power capacity.

+ European markets, led by Germany and the UK, with surprising contributions from 'emerging markets' in Sweden, Romania, Italy and Poland, accounted for 12.4 GW last year, a new record.

+ Both the Chinese and Indian markets slowed somewhat in 2012, but their annual installations still came in at 13.2 and 2.3 GW respectively.

+ Brazil led the Latin America market with 1,077 MW, to bring its total installed capacity to just over 2,500 MW, and Australia accounted for all of the new installations in the Pacific region, with 358 MW of new capacity in 2012 for a cumulative total of 2,584 MW.

The full GWEC report is available here.

Source: http://www.winddaily.com/reports/Global_wind_energy_capacity_grows_19_per_cent_in_2012_999.html

cspan state of the union drinking game oscar noms capital gains tim thomas oral roberts les paul