By OBASI and Ediri EJOH
As Nigeria grapples with inadequate power supply, focus appears to be shifting towards wind power which capacity is estimated to reach 2,110 Giga Watts, GW, globally and generate up to 20 per cent of the world’s electricity by 2030, while attracting around 200 billion euros in annual investment, the Global Wind Energy Council, WEC, biennial Wind Energy Outlook, report stated.
WEC which released its biennial Global Wind Energy Outlook stated that last year, global wind installations were worth 433 GW.
It stated that an increase in wind capacity would also create up to 2.4 million new jobs and help reduce carbon emission by 3.3 billion tonnes a year.
The Secretary General of the Council, Steve Sawyer, said, “Now that the Paris Agreement is coming into force, countries need to get serious about what they committed to last December. Meeting the Paris targets means a completely decarbonised electricity supply well before 2050, and wind power will play the major role in getting us there.”
Africa, Latin America and Asia have seen growing renewable energy markets during the last few years and are promising areas for sustainability and an energetic transition.
Sawyer further explained: “Wind power is the most competitive option for adding new capacity to the grid in a growing number of markets, but if the Paris agreement targets are to be reached, that means closing fossil fuel fired power plants and replacing them with wind, solar, hydro, geothermal and biomass. That will be the hard part, and governments will have to get serious about it if they are to live up to the commitments to which they have now bound themselves.”
Lead analyst of the report, Sven Teske, research principal for the Institute for Sustainable Futures at the University of Technology Sydney, said: “Decarbonising the global energy system includes the transport sector as a major emitter of carbon.