Despite more optimistic expectations, the global wind power market stagnated in 2024. The world added 121 Gigawatt, slightly less than in the previous year, bringing the world’s wind power capacity to 1'174 Gigawatt and contributing more than 10% to global electricity demand.
In this talk, WWEA President Dr. Irfan Mirza and Secretary General Stefan Gsänger discuss global market dynamics, the important role of China and the many emerging markets, and how wind power can gain further momentum. While there is a global appetite for clean, affordable wind power alongside solar energy and other renewables, lengthy bureaucratic processes, grid constraints and, in some countries, a lack of financing are major barriers. Better engagement with local communities could simultaneously accelerate global wind power deployment.