Oct 22, 2012
Global wind energy capacity to double over five yearsBack
Africa|Building|CoAL|Projects|Renewable Energy|Renewable-Energy|Solar|Windaba|Africa|Energy|Wind Energy|Power
© Reuse this
Most of the growth would come from Latin America, Africa, India, China and the rest of Asia. In terms of cumulative wind capacity, while Europe had been ahead for some time, Sawyer said it was predicted that by 2016, Asia would have overtaken Europe as the leader in this regard.
Optimistic models predicted that by 2020, there would be 1 071 GW of installed wind power globally and 2 342 GW by 2030. However, more moderate models predicted 832 GW in 2020, and 1 778 GW in 2030.
Substantial growth was forecast for 2012, but policy uncertainty in the US is weighing on next year’s outlook, Sawyer said.
The biggest challenge facing the wind energy sector continued to be the perception that wind was more expensive than coal. According to a 2010 study in North America, the general perception by government officials and media was that installing wind capacity was four times more expensive than building coal plants, but the study showed that in the same year, the cost of building new wind energy projects was in reality on a level with those of coal.
“Ten, five years ago everybody said renewables are just too expensive. . . Every situation is different but on the whole, as a general statement, that is just no longer true. And that not only goes for wind but it also goes for solar [photovoltaic] and we have to combat that at every available opportunity,” said Sawyer.
Other challenges applicable both globally and in the South African context were the technicalities of integrating wind energy into countries’ electrical grids, removing the risk of wind investments to attract more institutional investment, and finding ways to work with solar photovoltaic energy providers rather than being pitted against them.
Sawyer added that the wind sector also had to convince policy makers that protectionist measures and trade barriers would be detrimental to many parties, including their own renewable-energy industry. Overall, a rise in protectionist practices in markets around the world had been seen over the last two to three years because of the economic slowdown and had resulted in increased local content requirements in the renewable-energy sector.
“From an industry perspective we are operating in a global supply chain and if our mandate is to deliver the largest number of renewable electrons at the lowest possible cost, all of these trade barriers just make the supply chain less efficient and make the overall process much more expensive. The political reality in different places means we will have to live with these local requirements wherever we go. South Africa is not unique in that regard,” he said.
Edited by: Mariaan Webb© Reuse this
Creamer Media Senior Researcher and Deputy Editor Online
To subscribe email firstname.lastname@example.org or click here
To advertise email email@example.com or click here
Other Electricity News
Article contains comments
Recent Research Reports
Construction 2016: A review of South Africa's construction industry (PDF Report)
Creamer Media’s Construction 2016 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; key participants; local demand; geographic diversification; corporate activity; black economic...
Energy Roundup – February 2016 (PDF Report)
The February 2016 roundup covers activities across South Africa for December 2015 and January 2016 and includes details of a Government Gazette notice that confirms Cabinet’s decision to move ahead with the 9 600 MW nuclear procurement programme; State-owned power...
Energy Roundup - December 2015 (PDF Report)
The December 2015 roundup includes details of State-owned utility Eskom’s application to claw back R22.8-billion; South Africa’s ranking as an investment destination for renewable energy; and a nuclear expert’s thoughts on reactor designs for South Africa’s nuclear...
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
This Week's Magazine
Power and automation company ABB is in the launch phase of its highest payload, multipurpose industrial robot, the IRB 8700. The robot has a reach of 3.5 m and can handle a payload of up to 800 kg. “When designing the IRB 8700, we emphasised reach and payload, as...
Identity and Access Management (IAM) is a critical facet of a connected security ecosystem, as controlling the confidentiality, integrity and authorisation of data access and use is key to securing new digital business channels. However, companies face several...
Data underpins digital business models, the digital economy, the Internet of Things and the fundamental changes in the ways people interact and protecting data is crucial to securing new ways of doing business, says T-Systems South Africa information and...
The City of Cape Town will issue a tender for the procurement of electric buses for its MyCiTi service, in line with the council’s commitment to lower its carbon footprint, says executive mayor Patricia de Lille. The tender, to be advertised early in February, will...
The iSimangaliso Wetland Park Authority signed a R10-million contract last month with local tailings storage facility specialists Cyclone Engineering Projects to remove about 100 000 m3 of dredge spoil obstructing the natural course of the uMfolozi river, in...