Although the COVID-19 pandemic has slowed the progress of many energy projects across the globe, Renewable energy is set to rebound over the coming months and, according to an IRENA report, could overtake coal-based power generation in the near future – just in time for Global Wind Day!
Investment in Wind Power is on the up
Utilising the wind to generate power dates back as far as A.D 500-900 and after hundreds of years of innovation and investment, we now have modern turbines that are sophisticated and capable of generating large amounts of clean energy for our planet. Although progress is great, energy suppliers and manufacturers aren’t stopping there and despite the global pandemic, investments are on the up. For example, this year, companies such as Iberdrola have committed to keeping their clean energy investment plans on track and aim to invest over €10Bn before the year is over. They also plan to add 5,000 new employees to their teams across the world.
Another area where major investments are being made is Scotland – recently Crown Estate Scotland announced they will be leasing Scottish Waters for offshore wind development for the first time in over a decade. This will allow companies to apply and build the next generation of Scottish offshore wind farms. Investment in this is expected to surpass £8 billion and could generate enough electricity to power every household in Scotland – saving over 6 million tonnes of CO2 per year.
Wind turbine technology is becoming more sophisticated
Greater investment brings with it progress. One major area of improvement in the Wind Industry currently is the ‘semi-submersible floating wind farm’ which is an initiative that allows turbines to be placed in very deep waters (such as depths of more than 40m). At depths such as these, wind is generally experienced at higher speeds and is more sustained meaning turbines can capture greater amounts of energy. As we approach the second half of 2020 the world’s very first floating wind farm, named The WindFloat Atlantic Project, is close to completion.
Inspired by the Oil and Gas industry, this innovative project can be adapted to any type of offshore wind turbine and uses ‘water entrapment plates’ to ensure stability.
Will Wind Power help economies recover post
Currently, there’s over 591 GW of wind power installed in over 91 countries worldwide and this is set to grow exponentially. As capacity and innovations grow we will not only see an economic lift from investments into new projects but also from the jobs they create for thousands of engineers across the globe - Wind Power as a whole, already provides 1.2 million jobs globally and this is set to rise to align with the influx of investments
creating thousands more job opportunities for skilled engineers.
James Pipe, NES Global Talent Sales Director - UK, Europe & Africa said:
‘Renewable Energy and in particular Wind Power can be a great way to address the economic crisis that will follow the COVID-19 Pandemic as well as addressing the ongoing climate crisis. By investing in a more balanced energy mix we can help grow our economy whilst simultaneously supporting a cleaner and greener future.’
NES Global Talent and Renewable Energy
At NES we’re excited to see such a sustained and unprecedented growth in renewable technologies supporting the energy industry. Our discipline-specific consultants can support all
stages of your renewable project life cycle, supplying skilled personnel from the funding, design and installation phases’ right through to project management and grid installations.
We work on some of the most exciting renewables projects globally, from solar plants and wind farms to hydropower facilities, meaning we have plenty of renewable job opportunities for engineers looking to enhance their energy careers.