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Home Energy

New report forecasts global wind power production

Energy Capital & Power by Energy Capital & Power
April 10, 2024
in Africa, Climate, Energy, Renewables
Reading Time: 1 min read
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Consulting firm Eoltech recently published the results of a study focused on evaluating wind resource variations over the past 15 years, revealing that global wind power production demonstrates a high level of predictability.

According to the findings, wind power production worldwide experiences annual variations that remain within a range of ± 3%. These conclusions are drawn from the Interstate Renewable Energy Council index, which encompasses 80% of the onshore wind farms installed globally by 2023.

Also read: Africa’s 2024 economic outlook – growth projections and challenges

“Locally, the production of a wind farm can differ significantly from one year to another, up to 25%, due to the variation of the wind resource. But on a larger scale, cumulated production is much more stable,” stated Eoltech CEO Habib Leseney.

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Source: Energy Capital & Power
Tags: africaclimateEnergyEoltechHabib LeseneyInterstate Renewable Energy Council indexNew report forecasts global wind power productionrenewableswind resourceафрикаأفريقياアフリカ非洲
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Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.

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