UN Climate Change News
Wind energy continues to grow globally, with wind the most competitively priced technology in many if not most markets.
According to the Global Wind Energy Council (GWEC), the inevitable transition to renewable energy continues to gather momentum with the total global wind energy installation now at almost 540 gigawatts.
The GWEC Secretary General Steve Sawyer says that wind energy is becoming steadily cheaper, and that this benefits consumers and the environment:
“The dramatic price drops for wind technology has put a big squeeze on the profits up and down the whole supply chain”, concluded Sawyer. “But we’re fulfilling our promise to provide the largest quantity of carbon-free electricity at the lowest price. Smaller profit margins are a small price to pay for leading the energy revolution.”
The transition towards renewables such as wind energy is critical to meet the goals of the Paris Climate Change Agreement which aims to limit the rise of global average temperatures to well below 2 degrees Celsius and as close as possible to 1.5 degrees Celsius above pre-industrial levels.
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