Global Wind Power Market Increased By 43% In 2005
Continued political efforts can give even stronger impetus for 2006 The global wind energy sector experienced another record year in 2005. According to the figures released today by the Global Wind Energy Council (GWEC), the year saw the installation of 11,769 megawatts (MW), which represents a 43.4% increase in annual additions to the global market, up from 8,207 MW in the previous year. The total value of new generating equipment installed was over €12 billion, or US$14 billion.
The total installed wind power capacity now stands at 59,322 MW worldwide, an increase of 25% compared to 2004.
“The overall picture confirms that the right political framework is crucial to sustain the growth of wind power around the world and to open new markets. Some 48 governments have already introduced laws and regulations to support the development of renewable energies, but this effort needs to be increased if the benefits of wind energy are to be reaped around the world,” said Arthouros Zervos, Chairman of GWEC.
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