Wind energy to grow 9-times current levels by 2050 – report

Smart Energy | Oct 14, 2019 at 12:28 PM
  • Wind energy is set to grow 9-times current levels, and supply over a third of the world’s electricity demand.
  • The socioeconomic impacts of wind energy in the context of the energy transition highlights the wider benefits wind can offer the general health of the world’s populations, including saving a potential four million lives a year through reduced air pollution.
  • Michael Hayes, global renewables lead at KPMG, noted that renewables such as wind energy had been “embraced” by the investment community as a “highly attractive asset class” current government policies mean that “there are not enough investment-ready renewable projects to satisfy what has become an insatiable demand from investors globally”.