Climate policies in the United States and the European Union will give a huge boost to global wind energy over the next decade

Global wind power is expected to see a 1.9% increase in installed capacity on a quarterly (quarterly) basis, equal to 25.6 gigawatts (GW), between 2022 and 2031 according to Wood Mackenzie.

New climate policies and aggressive strategies in the Americas and Europe resulted in a quarterly net upgrade of 21 GW (out of a total of 25.6 GW).

Luke LewandowskiWood Mackenzie Research Director, Wood Mackenzie, said: “The Inflation Reduction Act (IRA) establishes long-term investment stability in the US, with more than 5 GW expected from 6.8 GW on a quarterly developed basis for 2028-2031. Acquisition activity in Quebec and a strong pipeline in Alberta will upgrade Canada’s 2.5 GW, cementing its position as one of the top 20 global markets.”

The 9.3GW improvement in North America qoq represents the largest sub-region improvement globally this quarter.

For Europe, Wood Mackenzie expects a 9.7% quarter-on-quarter increase in the region, equivalent to more than 10.2 gigawatts, reflecting the EU’s continued drive for greater energy security.

“New and enhanced policies in Germany, France and Greece and project concessions and awards in Finland, Denmark and the United Kingdom resulted in quarterly improvements in each sub-region. This was not the case in Eastern Europe, where the Russian invasion of Ukraine adversely affected its home market.”

The Asia Pacific excluding China is the only sub-region globally to see a significant downgrade this quarter, down 1.9 GW.

“This is mainly due to the lack of awareness of the Vietnam New Energy Facility for wind energy due to grid stability issues, but also due to the slow market development in Japan and project modifications in South Korea,” Lewandowski said.

Lewandowski added, “The disruption to overseas projects in China due to typhoons, supply chain challenges and the Covid-19 outbreak have put greater pressure to complete projects before 2026 with the 14th Five-Year Plan ending in 2025,” Lewandowski added.

A net improvement on a quarterly basis of 4.8 GW boosted a lot of momentum to 2025 in China, resulting in a new annual market high of 72 GW in the same year, which will not be surpassed until 2031.