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Canada’s wind energy market continues growth in 2013

By Michelle DiFrangia | February 14, 2014

CanWEAThe Global Wind Energy Council (GWEC) released its 2013 market statistics, showing global wind energy capacity has tripled over the past five years to reach a total of 318,137 MW.  Despite slower growth rates in some countries, the amount of wind energy installed around the world still rose by over 12% in 2013.

Canada recorded exceptionally strong growth in 2013 with a record of close to 1,600 MW of new wind energy capacity installed, placing it 5th globally. Currently ranked 9th in the world in total installed capacity with more than 7,500 MW of wind energy in operation, Canada sustains its position as a global wind energy leader. Canada’s wind energy projects generate enough power to meet the annual needs of approximately 2 million Canadian homes.

“Many provincial governments are on the threshold of meeting their initial commitments to wind energy development,” says Robert Hornung, President of the Canadian Wind Energy Association (CanWEA). “This wide support presents new opportunities to create stable and sustainable markets in Canada for future wind energy development.”

“Most notably, the governments of Ontario and Quebec made commitments in 2013 to secure a combined 1,400 MW of new wind energy capacity over the next few years, which is the first step in building the foundation for robust, long-term markets for wind energy in Canada,” Hornung adds.

Canada will see a new record for annual installations of wind energy in 2014 as new projects are under construction across the country. GWEC expects the global growth rate for 2014 installations to rise significantly as major new Canadian and U.S. wind energy comes on stream, and as emerging markets in Africa, Asia, and Latin America continue to build momentum.

Canadian Wind Energy Association

canwea.ca


Filed Under: News, Projects
Tagged With: CanWEA
 

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