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Windtech International September October 2024 issue

 

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A new report, "Mission Critical: Building the Asia Pacific Wind Energy Supply Chain for a 1.5°C World," highlights the inadequacy of the current supply chain in the Asia-Pacific (APAC) region to meet net zero targets. Despite recent growth in wind capacity, the region's supply chain must scale up to meet the increasing demand and support the global energy transition.

The report, written by the Global Wind Energy Council in partnership with ERM, calls for collaboration between industry, government, civil society, and the financial community to drive systematic changes. The APAC region, expected to account for 61% of new wind capacity between 2024 and 2030, has the potential to double its onshore wind capacity to 1,084 GW by 2030, with an additional 122 GW from offshore wind.

Key recommendations include increasing political commitment and cooperation to scale up the local supply chain, ensuring a sustainable and resilient regional supply chain, and making significant investments to support growth. The report also provides case studies from six markets—Australia, Indonesia, Japan, Philippines, South Korea, and Vietnam—and offers policy recommendations to build a reliable and competitive supply chain in APAC.

 
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