How The Global Wind Market WIll Expand in The Next Decade
In five to ten years, we will see incredible growth in the wind turbine industry. From technological advancements to a strengthened workforce, a safely expanded sector will unfold in this fast-paced world.
It’s essential to remain aware of every change, and a little knowledge goes a long way. Now, let’s unpack the details briefly—here’s how the global wind market will grow in the next decade:
The Future in Numbers
According to new research by Global Wind Energy Council (GWEC), Global Wind Organisation (GWO), and RCG, around 500,000 wind turbine technicians must be trained to health and safety standards between 2021 and 2025.
The training will cover construction, installation, operation, and maintenance jobs in the wind power value chain that require safety training but not procurement, manufacturing, or transportation. Considering the wind industry’s long-term sustainability and license to operate, global training will also be standardised.
The GWO training market can presently teach 150,000 workers by the end of 2021 and 200,000 by the end of 2022. Global Wind Workforce Outlook 2021-2025 estimates that we will need at least 280,000 more trained workers to develop the 490 GW of new wind power projected over the next five years. Onshore wind projects will require 308,000 GWO trained people, while offshore wind projects will require 172,000.
Experts Weigh In on the Global Wind Market
“The wind sector must develop at an extraordinary rate over the next decade,” said GWEC CEO Ben Backwell. Workers will need far more training if ambition is raised to what it needs to be – three or four times current market forecasts. To meet this challenge, we must educate hundreds of thousands of workers worldwide to work in one of the fastest-growing areas. It is vital for everyone’s health and safety to ensure that this workforce is trained to the highest global standards.
In addition to the number of GW of wind power needed to attain net-zero, GWO CEO Jakob Lau Holst noted that the number of people required to achieve these goals is often overlooked. Even during the COVID-19 pandemic, hundreds of thousands of workers work on the turbines that power our economy and protect our planet, and their safety is vital. It is one of the most effective ways to assure our staff’s safety and have the employees needed to promote global energy transition.
“By combining historical training data, onshore and offshore installation capacity forecasts, key market insights, and our in-depth understanding of health and safety in the global wind industry, we were able to accurately model the future demand for GWO-trained personnel over the next five years,” said Ed Maxwell, Principal at the Renewables Consulting Group. The model and predictions will be revised when new data becomes available and capacity growth accelerates.
Essentially, the training and industrial education supply chain in nations worldwide may benefit collectively from this expansion. With tremendous untapped potential, this could not be more expected from the market’s growth.
Armed with the forecast for the next five years or so, businesses and corporations must begin thinking ahead to executing ideas, all needed to expand safely. Furthermore, organisations with the capacity to offer the additional training capacity required can establish GWO programs now to satisfy future demand.
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