In 2019, 60.4 GW of new wind power capacity was installed worldwide, bringing the global total capacity to 650.1 GW – and generated 1,168 TWh meeting 7% of the total electricity demand. Offshore wind also saw tremendous growth during the year, thanks to a record 60.4 GW of new installed capacity. Wind power continues to be the second-largest source of renewable energy by installed capacity (following hydropower). However, there are still significant opportunities for technology innovation to maximize value and continue to improve cost-competitiveness.
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