Slashdot: 2019 Saw Over 60 Gigawatts of Wind Power Installed

2019 Saw Over 60 Gigawatts of Wind Power Installed
Published on March 31, 2020 at 01:39AM
The Global Wind Energy Council, an industry trade organization, released its review of the market in 2019. During the past year, wind power saw its second-largest amount of new installed capacity ever, with over 60GW going in. From a report: But the news going forward is a bit more uncertain, with the report predicting that after years of double-digit growth, the industry would see things tail off into steady-but-unspectacular territory. And that prediction was made before many key markets started dealing with the coronavirus. Wind power is now one of the cheapest options for generating electricity. In many areas of the globe, building and maintaining wind power is cheaper per unit of power than it is to fuel a previously constructed fossil fuel plant. While offshore wind remains more expensive, its prices have dropped dramatically over the last several years, and it is rapidly approaching price parity with fossil fuels.

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