Page 12 - AsiaElec Week 21 2022
P. 12
AsiaElec RENEWABLES AsiaElec
Wind turbine suppliers
delivered record volume in
2021: GWEC
ASIA WIND turbine suppliers supplied a new record energy from wind generation by 2030 to remain
amount of volume in 2021, according to the on track to limit warming to 1.5°C.
Global Wind Energy Council’s (GWEC) annual Installations need to quadruple by 2030
Supply Side Data report. to keep the world on course to reach that fig-
Wind turbine manufacturers installed 104.7 ure, says GWEC. These numbers can only be
GW of new wind power capacity in 2021 – and achieved with support for a market that delivers
this was despite continuing disruptions caused clean energy, clean jobs and works in fossil-fu-
by the coronavirus (COVID-19) pandemic el-free financial markets, it says.
and mounting pressure from commodity price Ben Backwell, CEO of GWEC, said: “This
increases and supply chain or logistical prob- new record in installations is a testimony to the
lems, said GWEC. key role which wind energy is playing in deliver-
Yet companies have shown worsening finan- ing the energy transition and protecting people
cial results due to an ultra-competitive price and economies from high energy prices caused
environment, higher external costs and contin- by fossil fuel volatility.
uing bottlenecks which are preventing a faster “However, as the UN Secretary-General
expansion in wind energy, the trade group said. pointed out [recently], governments need to
Indeed, the five top turbine suppliers in urgently take action to kick-start a much faster
Europe have been operating at a loss. transition to renewables and remove barriers to
According to the report, nearly 30,000 wind deployment and investment, including cutting
turbines were installed worldwide by 30 wind red tape and bureaucracy, fast-tracking grid
turbine manufacturers in 2021, of which 18 were investments and ensuring that markets ade-
from Asia-Pacific and nine from Europe. quately remunerate green energy instead of sub-
Vestas enjoyed a record year to remain the sidising fossil fuels.”
number one turbine supplier, making 17.7% of On May 18, UN Secretary-General António
the new installations. Chinese company Gold- Guterres said: “We must end fossil fuel pollution
wind followed in second place with 11.8%, and accelerate the renewable energy transition
holding its position from 2020, while Siemens before we incinerate our only home… Trans-
Gamesa also had a record year with a 9.7% global forming energy systems is low-hanging fruit.”
market share, moving it up two positions to third Guterres pointed to subsidies given to fos-
place in 2021. Another Chinese company, Envi- sil fuels, which he said are more than triple the
sion, is fourth with 8.65% of 2021’s market. GE subsidies renewables globally: “While people
Renewable Energy rounds out the top five with suffer from high prices at the pump, the oil and
8.55% of the market. gas industry is raking in billions from a distorted
The International Energy Agency (IEA) says market. This scandal must stop.”
the world needs to be adding around 390 GW of
P12 www. NEWSBASE .com Week 22 25•May•2022
