China Will Be the Biggest Wind Power Equipment Manufacturer by End of 2009
photo: Storm Crypt
A few quick wind power predictions to file away: One of the most interesting statistics coming out of the Global Wind Power conference in Beijing (the news of which comes via Cleantech) is that not only does China have the fattest growing wind power market, it is also expected to be the largest manufacturer of wind power equipment in the world by the end of the 2009.
Other wind power stats/predications coming out of the Global Wind Energy Outlook 2008 include:China’s Manufacturing Capacity to Reach 12 GW by 2010
China’s 40 wind component manufacturers accounted for 56% of global wind power equipment installed in 2007. The country has a domestic manufacturing capacity of nearly 8 GW, a figure which is expected to reach 12 GW by 2010.
30% of World Energy Demand Met With Wind Power by 2050
Within 12 years wind power could supply 12% of the world’s energy needs, preventing 10 billion tonnes of CO2 emissions in the process. By 2050, this could rise to 30% of the world’s electricity.
Globally, $37 billion was spent on installing an additional 20 GW of wind power capacity in 2007, bringing the world total to 93.8 GW.