Does Wind Have the Power to Combat Climate Change?
19 Aug 201867 KB
Wind, like solar, is a clean and readily available renewable energy resource, which has the potential to significantly reduce our reliance on fossil fuels and meet the world’s ever-growing energy demands. Its benefits are endless and thanks to new technologies that are gaining momentum during the fourth industrial revolution (4IR), it is becoming an increasingly cost-effective and viable long-term green solution.
The US pioneered early research and development of commercial wind turbines, installing the world’s first wind farm in 1980, and since then countries around the world have installed vast wind farms, both on and offshore. Every day, hundreds of thousands of wind turbines around the world capture the wind’s power and convert it to electricity. Wind energy is an important component of ambitious renewable energy targets set by governments and international organisations, including the EU whose latest renewable energy target is 32% by 2030, and the UN, six of whose 17 Sustainable Development Goals focus on combatting climate change and providing clean affordable energy. Indeed, according to a recent Global Market Insights report, the global wind energy market is projected to surpass $170 billion by 2024.
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