Energia
Leading Wind Energy CEOs Call for G20 to 'Get Serious' About Renewables
Meanwhile, wind energy and renewables installations are currently falling well short of the trajectory needed to meet international climate goals, requiring urgent action to improve energy policies.
The letter is signed by the leaders of the largest wind power companies – including Vestas Wind Systems, Siemens Gamesa Renewable Energy, Orsted, SSE, RWE, and Mainstream Renewable Power, and associations representing the industry in key geographies such as the UK, Brazil , China , Mexico , and South Africa .
The signatories highlight that the recent roadmap from the International Energy Agency (IEA) shows that to meet a net zero by 2050 scenario. Both the IEA and IRENA are aligned in the total wind energy capacity required for a net zero scenario which is compatible with a 1.5°C warming pathway, foreseeing a need for 8,265 GW and 8,100 GW by 2050, respectively.
If current growth rates for wind energy persist, the letter argues that global wind capacity will fall dramatically short of the volumes required for carbon neutrality by 2050, with installation shortfalls of as much as 57% by 2050.
To reach this necessary level of deployment, the open letter calls on G20 nations to:
In the last 20 years, wind energy has demonstrated its ability to increase production exponentially while reducing costs, create millions of skilled jobs and spur large-scale infrastructure investment.
But the letter emphasises that achieving the scale and speed of deployment needed to tap into these benefits and achieve net zero ambitions is unrealistic under the present "business as usual" conditions, and unachievable without decisive and urgent policy change across the G20 countries.
The open letter to the G20 heads of state was also shared with a number of government, energy, finance and institutional leaders, including the leaders of COP26 , UNFCCC, IRENA, IEA, IMF, WEF and a number of multilateral development banks.
- The full list of CEO signatories:
- For an online press kit, including the G20 Letter, statistics on wind energy, photos, quotes and subject matter experts available for interviews, please click here .
GWEC is a member-based organization that represents the entire wind energy sector. The members of GWEC represent over 1,500 companies, organizations and institutions in more than 80 countries, including manufacturers, developers, component suppliers, research institutes, national wind and renewables associations, electricity providers, finance and insurance companies. See https://gwec.net/ .
Keep up to date with GWEC and receive the latest data and insights on the global wind industry on Twitter, LinkedIn and by subscribing to the Newsletter, https://gwec.net/newsletter-sign-up/ .
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