Global Wind Energy Council (GWEC)

📣 ICYMI: This year, the APAC Wind Energy Summit is bigger. We can accommodate almost five times the number of exhibitors compared to our first run in 2023. Alastair Richards, APAC Business Development Manager at Global Wind Energy Council (GWEC), says: “Local companies in South Korea are really excited and optimistic about the energy transition in APAC. They are looking forward to connecting with the global industry and showcasing their advanced solutions and engineering capabilities at the summit in November.” Keen to elevate your brand at the summit? Secure a prime location by registering your interest here: 📝 https://lnkd.in/gdn9zY39 #Time4Action #windenergy #renewables #3xRenewables #풍력에너지 #재생에너지 #아태풍력에너지서밋

"We've reached a very exciting moment in the development of #offshorewind in Asia Pacific and the APAC Wind Energy Summit 2024 is the perfect opportunity for the industry to come together and discuss the opportunities ahead of us," says Nathalie Oosterlinck, CEO of JERA Nex - a Platinum Sponsor for GWEC's summit in November. The #APACWindEnergySummit in Incheon will gather policymakers from across the region, industry leaders, and global #windenergy experts to discuss what is needed to meet the #3xRenewables target. 📝 Submit your interest to attend or exhibit at the summit here: https://lnkd.in/gdn9zY39 🗓️: 26-28 November 2024 📍: Songdo ConvensiA, Incheon, South Korea #Time4Action #GWECAsia #아태풍력에너지서밋 #풍력에너지 #해상풍력 #풍력에너지 #재생에너지

Great to see Global Renewables Alliance working with International Renewable Energy Agency (IRENA) to track progress on the Global #3XRenewables target agreed by the world at COP28 UAE Accurate and timely monitoring of progress is essential in order to make sure policy frameworks are delivering acceleration of deployment on the ground and to plan further actions and initiatives. ⭕ See more about the collaboration: https://lnkd.in/dZFbJGz5 ⭕ Read Bruce Douglas and Francesco La Cameras' op-ed in Project Syndicate: https://lnkd.in/dbxafNNq ⭕ Check out the COP28, IRENA and GRA report on #3xRenewables: https://lnkd.in/dnavfWvG It's #Time4Action to deliver on the #3xRenewables target. Global Wind Energy Council (GWEC) Global Solar Council (GSC) International Hydropower Association (IHA) Green Hydrogen Organisation - GH2 Long Duration Energy Storage Council (LDES Council) International Geothermal Association

⚡ Delivering on #COP28 goals requires all hands on deck and International Renewable Energy Agency (IRENA) has selected Global Renewables Alliance to contribute to annual report series dedicated to monitoring progress and providing key recommendations on energy goals. "Strategic partnership between IRENA and the private sector is crucial for ensuring that we turn agreement into action and keep 1.5C within reach" - Director General, Francesco La Camera. Press release ⤵ https://lnkd.in/gHgkBTQK

Corio Generation CEO and Global Wind Energy Council (GWEC) Chair Jonathan Cole spoke at the All Energy Show in Glasgow, and called for a more nuanced and reasonable discussion about global supply chains. "What we need is political leaders and industrial leaders who are willing to talk about this in a much more informed and balanced and responsible way and who don't use rhetoric and divisive language, because that's the way in which we solve this appropriately," he said. He called on government and industry leaders to "find a way, instead of going to unilateralism and protectionism, to stimulate positively our local supply chains and use multilateral processes to promote free and fair trade," adding that "if we want an orderly timely and affordable transition, we will need to mobilise suppliers from all parts of the world in the joint endeavour of decarbonising the world economy." See Jonathan's remarks below. #ConfidentGreenWorld #Time4Action #WindAreYouIn Global Renewables Alliance International Renewable Energy Agency (IRENA)

[OUT NOW] 🇰🇷 GWEC is thrilled to announce the release of not one but two reports on #offshorewind development in South Korea! The reports are: 📈 (1) How offshore wind development supports coastal regeneration 🎣 (2) Exploring coexistence for offshore wind and fisheries in South Korea The first report reveals that garnering local consensus to build 14.3GW offshore wind projects in South Korea can benefit coastal cities’ economies. Some key findings: 🔺 The construction of offshore wind projects could generate 83 trillion won in project investments and create 770,000 job opportunities over the lifetime of the projects if we reach the South Korean government’s target of 14.3 GW of offshore and floating offshore wind by 2030 🔺 Jobs available are broad across the value chain and not limited to specialist roles 🔺 Manpower is needed for the long term - it takes about 2.1 million direct person-days to develop a 500MW offshore wind farm 🔺 Port investment and the creation of economic clusters can help with the sustainable regeneration of coastal cities Download the report on coastal regeneration: 🔗 https://ow.ly/We7650RJqsf ⚖️ The second report provides policymakers with a clear roadmap for building support for offshore wind with the local communities and fisheries, crucial in enabling the smooth rollout of offshore wind development in the country. One way is to prioritise the passing and implementation of special bills such as the Offshore Wind Power Promotion Act. Read the full policy recommendations here: 🔗 https://ow.ly/OJhN50RJqsg #renewableenergy #3xRenewables #GWECAsia #cleanenergy

We will need to mobilise the entire global supply chain to deliver the energy transition. This means avoiding protectionism and unilateralism while stimulating local supply chains, remarked our CEO Jonathan Cole at the All-Energy Exhibition and Conference in Glasgow, UK. Appealing for political and industrial leaders to avoid binary language such as 'pro- or anti net-zero' or 'pro- or anti-China', Jonathan, who is Chair of the Global Wind Energy Council (GWEC), called for a balanced and responsible conversation on free trade and competition in wind energy development.   "It is in every country's national interest to embrace and deliver the energy transition," Jonathan said pointing to economic modelling that shows that almost every region of the world, except China, is set to face shortages of critical components. "If we extract China from the supply chain, what we're actually going to do is delay the energy transition and make it more expensive, and that's not in our national interest," he said. "What we need to do is find a way, instead of going to unilateralism and protectionism, to stimulate positively our local supply chains and use multilateral processes to promote free and fair trade," he added. If we want an orderly, timely and affordable transition, we will need to mobilise suppliers from all parts of the world in the joint endeavour of decarbonising the world economy. All-Energy is the UK’s largest low-carbon energy and supply chain renewables event, held between 15-16 May in the city of Glasgow, Scotland, UK.   #WindPower #OffshoreWind

It's great to see awarded capacity in auctions pick up strongly (39GW, the highest awarded through auctions in a single quarter to date), with China, India and the US in the lead. However, there is still plenty to do to improve auction frameworks, make sure conditions enable the expansion of a sustainable and profitable supply chain, and speed up growth, particularly in Europe See Global Wind Energy Council (GWEC) Market Intelligence platform for more information https://lnkd.in/e8MiPzXT

📄 Out now: The latest Global Wind Auction Database and Status Report shows that Q1 2024 was the best quarter ever in total awarded wind auction capacity. Key findings from our Q1 2024 Global Wind Auction Database Update are: 🔺 ~39 GW, the highest capacity awarded through auctions in a single quarter-, replacing the previous record reported in Q4 2023 and 58% higher than Q1 2023. 🔺 Onshore wind makes up 57% of total awarded wind auction capacity in Q1 2024. 🔺 Asia continued to be the leading regional market accounting for 66% of total awarded capacity in Q1 2024, followed by North America at 18% and Europe at 16%. 🔺 The top three markets in total awarded global auction capacity in the first quarter are China, India and USA, accounting for 36%, 25% and 14% global market share, respectively. 🔺 In addition to those awarded capacity, 58.2 GW of wind power capacity was announced worldwide in Q1 2024 (includes 19.7 GW onshore and 38.5 GW offshore), of which 4.35 GW capacity stands awarded. 🔺 GWEC’s Global Wind Report 2024 released in April 2024 highlighted that globally wind-specific, technology-neutral, renewable and hybrid auctions will remain one of the key support mechanisms to ensure a stable global wind power growth. ➡️ For detailed analysis and country briefs for quarterly global wind auctions, please subscribe to GWEC Market Intelligence Members area platform here: https://lnkd.in/e8MiPzXT

Get a first look at the APAC Wind Energy Summit 2024 exhibition floor plan! 👀 🔧 With six months to go, the GWEC team is hard at work behind the scenes to ensure a landmark conference with an exhibition hall featuring key #windenergy players across the entire supply chain. 🌟 The exhibition hall this year is bigger - we can accommodate almost five times the number of exhibitors compared to our inaugural summit in 2023. 💼 In our recent engagements in South Korea, supported by the Korea Wind Energy Industry Association (KWEIA), we met with domestic developers, turbine manufacturers, structural engineering experts, and foundation solution providers, and many other local companies. The outlook was great! Alastair Richards, APAC Business Development Manager at GWEC, shared: “Local companies in South Korea are really excited and optimistic about the energy transition in APAC, and are looking forward to connecting with the global industry at the #APACWindEnergySummit.” “The Korean industry is primed and ready to showcase its advanced solutions and engineering capabilities at the summit in November.” Companies that have secured booths thus far: 🟢 Pavilion Sponsors: Enterprise Singapore Association of Singapore Marine & Offshore Energy Industries 🟢 Event Ambassadors: Corio Generation Equinor 🟢 Platinum Sponsor: JERA Nex 🟢 Exhibitor: Kiswire ….and many more to be revealed soon! Keen to elevate your brand at the summit? Secure a prime location by registering your interest here: 📝 https://lnkd.in/gdn9zY39 #Time4Action #windenergy #renewables #3xRenewables #풍력에너지 #재생에너지 #아태풍력에너지서밋