According to GlobalData, wind power accounted for 9% of Australia’s total installed power generation capacity and 9% of total power generation in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Australia Wind power Analysis: Market Outlook to 2035 report. Buy the report here.
Overall, Australia’s wind power generation capacity grew by a CAGR of 15% from 2010 to 2021, to reach 8,160MW, and generation grew by a CAGR of 15% to reach 24,536GWh in 2021.
Installed capacity is forecast to increase by 31,262MW from 2022 to 2035, at which point wind power is expected to account for 20% of total installed generation capacity. Onshore wind power capacity rose from 1,787MW in 2010 to 8,160MW in 2021 at a CAGR of 15%. It is expected that onshore wind power will reach 35,113MW by 2035, growing at a CAGR of 11% during 2021-2035. Offshore wind power capacity is expected to be 4,308MW by the end of 2035.
For more detailed analysis of the wind power sector in Australia, buy the report here.