Power Generation and Cumulative Capacity of Wind Power Plants in Germany (2017 – 2021)
-
Net electricity generated by Wind power plants in Germany reached 131,988.2 GWh in 2021, declining 0.5% YoY
-
During the same year, the cumulative capacity of Wind power plants in Germany reached 63,246.2 MW, growing 1.6% YoY
-
Power generation recorded a historical growth at a CAGR of 5.7% between 2017 and 2021, while the cumulative capacity growth at 3.3% between 2017 and 2021
Power Generation and Cumulative Capacity of Wind Power Plants in Germany (2017 – 2021)
With the increasing demand for energy, rising levels of pollution, fear of global warming, scarcity of fossil fuels, and increasing levels of greenhouse gas (GHG) emissions, many countries opted for sources of clean renewable energy. Several countries signed protocols with pre-defined emission reduction targets. The Paris Agreement is the most recent initiative in this direction, whereby each country voluntarily determined and presented its emission reduction target and pledged to achieve GHG reduction according to this target. Several countries that are party to the Paris Agreement devised plans to reduce conventional power and aid the growth of renewable power to reduce emissions. The main renewable energy sources are Hydro, Geothermal, Wind, Solar, and Biopower.
Wind energy is the energy generated using wind turbines to convert kinetic energy of the wind to mechanical energy, which is then converted into electricity. Wind energy is considered to have a high positive effect on the environment in comparison to Hydro, Solar PV, Geothermal. Wind energy has the lowest water consumption, relatively lowest GHG emissions, and is considered one of the most sustainable sources of energy.
The global installed wind power capacity increased from 197.8 gigawatts (GW) in 2010 to 743.1 GW in 2020, at a compound annual growth rate (CAGR) of 14.2%. The global installed wind power capacity is expected to reach 1,839.5 GW by 2030. In 2021, the top five regions in the wind power market are China, the US, Germany, India, and the UK.
Germany is the third largest wind power market, with cumulative wind installed capacity of 63 GW as of 2021, growing at a CAGR of 3.3% between 2017 and 2021. The generation of electricity from wind turbines increased proportionally as capacity increased. The total wind generation in Germany increased to 132 TWh in 2021, growing at a CAGR of 5.7% between 2017 and 2021.
Germany has a well-structured support system for the promotion of wind power capacity addition and offers incentives for wind projects under the German Renewable Energy Sources Act (ErneuerbareEnergieGesetz or EEG), 2000. This law has been amended several times with reviews of the target for 2030 renewable share being increased each time. As per new amendment under EEG 2021, one of the primary goals was of producing 65% of its electricity from carbon-free sources by 2030. Also, the German government will expand the cumulative onshore wind power capacity to 71 GW and offshore wind power capacity to 20 GW by 2030.
Related Data & Insights
Still looking?
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward