Leading Wind Energy CEOs Call for G20 to ‘Get Serious’ About Renewables

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BRUSSELS, July 19, 2021/ PRNewswire/– The leading CEOs of the global wind industry have united to get in touch with G20 members to show management in the environment crisis by raising nationwide aspirations and urgently laying out concrete plans for increased wind energy production to replace nonrenewable fuel sources.

Representing the Global Wind Energy Coalition for COP26, 23 CEOs have sent out an open letter to leaders of the G20 acknowledging that while some development has actually been made in the energy transition, existing net no pledges from G20 countries still put the world on a 2.4 C international warming path, well beyond what isneeded to prevent the worst impacts of environment modification. On the other hand, wind energy and renewables setups are currently falling well short of the trajectory needed to satisfy global environment objectives, requiring urgent action to enhance energy policies.”G20 member countries represent more than 80%of worldwide energy-related carbon emissions– so the leaders of these countries hold the power and public task to change the world’s energy system,”said GWEC CEO Ben Backwell.”These nations need to get serious about renewables, and in specific wind energy as the tidy energy solution with the most possible to assist the world satisfy its Paris Agreement targets.”The letter is signed by the leaders of the largest wind power companies– consisting of Vestas Wind Systems, Siemens Gamesa Renewable Energy, Orsted, SSE, RWE, and Mainstream Renewable Power

, and associations representing the market in essential locations 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 annual wind implementation need to quadruple from 93 GW in 2020 to 390 GW in 2030 to satisfy a net no by 2050 circumstance. Both the IEA and IRENA are aligned in the overall wind energy capability required for a net absolutely no situation which is compatible with a 1.5 ° C warming pathway

, visualizing a requirement for 8,265 GW and 8,100 GW by 2050, respectively. If existing development rates for wind energy continue, the letter argues that international wind capacity will fall significantly short of the volumes needed for carbon neutrality by 2050,

with installation shortfalls of as much as 57%by 2050. “G20 nations have huge amounts of untapped wind power capacity which can fulfil substantial portions of national electrical energy demand, however they are barely scratching the surface area of what they can deploy. With the current pace of wind power setups across the world, forecasts reveal that we will only set up less than half of the wind power capability required to get to net absolutely no by 2050,”stated Rebecca Williams, Director of COP26 at GWEC.

To reach this needed level of implementation, the open letter contacts G20 nations to:

  1. Raise ambition for wind power at national level.
  2. Carry out effective policy and regulative structures for procurement and shipment of renewable resource.
  3. Dedicate to planification of tidy energy facilities including grids and transmission.
  4. Concur reliable and effective carbon pricing mechanisms.
  5. Align regional and national finance streams with benchmarks for a net 1.5 ° C-compliant pathway.
  6. Develop inclusive and cohesive policies which dedicate public resource to the shift to a net zero economy.In the last 20 years, wind energy has demonstrated its ability to increase production significantly while decreasing expenses, create countless competent tasks and stimulate large-scale facilities investment. But the letter emphasises that accomplishing the scale and

    speed of deployment required to use these advantages and achieve net zero aspirations is impractical under the present” organization as usual “conditions, and unachievable without urgent and decisive policy modification across the G20 nations. The open letter to the G20 presidents was likewise shared with a variety of government, energy

    , financing and institutional leaders, including the leaders of COP26, UNFCCC, IRENA, IEA, IMF, WEF and a variety of multilateral advancement banks. Annex-The full list of CEO signatories: GWEC: Ben Backwell, CEO RenewableUK: Dan McGrail, Chief Executive SSE: Alistair Phillips-Davies, CEO Orsted: Mads Nipper, CEO Mainstream Renewable Power: Mary Quaney, Group CEOVestas Wind Systems: Henrik Andersen, Group President & CEO Siemens Gamesa Renewable Energy: Andreas Nauen, CEO Bachmann: Bernhard Zangerl, CEO

  7. RES: Ivor Catto, CEO Aker Offshore Wind: Tove Roskaft,
  8. COO RWERenewables GmbH: Anja-Isabel Dotzenrath, CEO
  9. BayWa r.e. AG: Matthias Taft,CEO Principle Power: Aaron Smith, Chief Commercial Officer AMDEE(MexicanWind Energy Association): Leopoldo Alberto Rodríguez Olivé, President & ABEEolica
  10. (Brazil Wind EnergyAssociation): Elbia Gannoum, CEO SER Colombia(Renewable Energy Association of Colombia ): Germán Corredor Avella, CEO
  11. Akselos: Thomas Leurent, CEO
  12. CEA( Argentina WindAssociation): René Vaca Guzmán, President DNV: Ditlev
  13. Engel, CEO, Energy Systems EDPR: Miguel Stilwell d’Andrade,
  14. CEO, EDP and EDPR Glennmont Partners from Nuveen: Joost Bergsma, CEO
  15. South Africa WindEnergy Association: Ntombifuthi Ntuli, CEO CWEA(Chinese Wind Energy
  16. Association): Qin Haiyan, Secretary General– For an online press kit, including
  17. the G20 Letter, stats on wind energy, images, quotes and topic
  18. professionals readily available for interviews, please click here. About GWEC is a member-based company that represents the entire wind energy sector. The members of GWEC represent over 1,500 companies, organizations and organizations in more than 80 countries, including makers, designers, part suppliers, research study institutes, nationwide
  19. wind and renewables associations, electricity suppliers, financing and insurance coverage
  20. companies.See https://gwec.net/. Keep up to date with GWEC and get the
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