PR97973

NEW YORK, Sep 22, 2022, /PRNewswire=KYODO JBN/--

- More than 100 leading wind energy companies call on Paris Signatories to

streamline planning and permitting, upgrade grid infrastructure and evolve

power markets to accelerate renewable energy deployment.

    A global coalition of 108 leading wind energy companies and associations,

representing 81% of installed wind energy worldwide, has challenged governments

to take dramatic action to scale up wind and renewable energy in this decade.

    If the world is to get on track for 1.5 degrees C -compliant pathway to net

zero, annual global wind energy installations must quadruple by 2030 to around

390 GW per year, according to the International Energy Agency

Https://iea.blob.core.windows.net/assets/4719e321-6d3d-41a2-bd6b-1ad2f850a8/NetZeroby2050-ARoadmapfortheGlobalEnergySector.pdf

, and by 2050, wind energy must generate more than one-third of global

electricity, up from 6% today.

    But urgent action must be taken to realise this goal and unleash the full

potential of wind technology to provide secure, affordable and clean energy for

communities across the world.

    The Global Wind Energy Manifesto for COP27 warns that while wind energy is

one of the most competitive, mature and quickly deployable energy technologies

we have today, to thrive it needs large, steady and visible volumes for

deployment and a robust global supply chain.

    This can only be achieved through clear and practical actions set out in

the manifesto, including:

- urgently streamline planning and permitting schemes for grid scale renewables

projects;

- rapidly build out vital grid infrastructure for integration of clean energy

and cross-sector decarbonisation;

- to evolve power markets to both incentivise investment in renewable

generation and allow citizens to benefit from the affordable, secure generation

provided.

    Making it clear that the wind industry stands ready to work together to

achieve the required rapid scale-up of wind installations this decade,

signatories of the manifesto include the largest companies in the sector such

as Iberdrola, Ørsted, EDP Renewables, Vestas, Siemens Gamesa Renewable Energy,

Copenhagen Infrastructure Partners, as well as the wind industry associations

in China, Brazil, South Africa, Europe, the UK, Australia and more.

    The wind industry is already delivering significant growth and benefits to

the global energy system on security, cost and climate. In 2021 94 GW of wind

energy capacity was added globally producing around 275 TWh of electricity per

year – more than the current annual electricity demand in Australia and enough

to displace over one-third of the EU's imports of Russian gas prior to the

invasion.

    But decisions at COP27 and in the next few years will determine whether the

world can leverage wind and renewable energy to get on track for net zero and

secure a livable, just and equitable energy transition.

    Find the manifesto and quotes at:

https://gwec.net/cop27-coalition-manifesto-released/

    Logo - https://mma.prnewswire.com/media/1661794/GWEC_Logo.jpg

    Source: Global Wind Energy Council (GWEC)