The World Mining for Renewables Figures Collection (2 of 20): THE WIND ENERGY MARKET
This post is the second edition of a 20 posts collection with global data to explain the relationship of Solar PV and Wind Energy world markets with the mining industry (extractive industries). We will check the production of metals, industrial and construction minerals to build solar modules and windmills around the world.
World Mining for Renewables (1 of 20): The Solar PV Market
The Wind Energy
World Installed Wind Energy Capacity
The Capacity production for the wind energy world market between 2015 and 2022:
- 496 GWp in 2015
- 1,026 GWp in 2022 (or 1.02 TWp)
Which means new additions:
- from 63 GWp in 2015
- to 88 GWp in 2022
World Wind Energy Power Production
The Power Production for the wind energy world market between 2015 and 2022:
- 1,108 TWh in 2015 more than the annual electricity consumption in India (1,001 TWh / 2015)
- and will reach the 2,292 TWh towards 2022, more than two times the annual electricity consumption of Russia by 2014 (1,065 TWh)
Extractive Industries requirements in Wind Energy Electricity
World Bank IEA statistics show the extractive Industries by 2010 required up to the 10% of world primary energy consumption. In general approach, we could compare the term extractive industry to Mining in a large sense. For a better definition in www.businessdictionary.com:
Any processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals, mineral, and aggregates from the earth. Examples of extractive processes include oil and gas extraction, mining, dredging, and quarrying.
Due to the process of electrification linked to the development of low carbon society, power will balance with fuels in future energy structure. Meanwhile, the intensity of energy (electricity by production unit; MWh / tonne) is increasing year by year due to mining aging, lowering ore grade, the longer distances between pit and process plants to the ore and the increasing rock hardness due to deeper mines evolution. All of these facts imply an increasing power consumption share of extractive industries over the global market production of energy, including renewables.
For this reason, the share of mining in wind energy electricity will increase in future. We try to show this evolution in the following figure.
Wind Energy Capacity linked to Extractive Industries Consumption
- By 2015 world extractive industries required 6.9 GWp Wind energy installations
- By 2022 these mining industries will require 10.0 GWp Wind energy facilities
Wind Energy Consumption linked to Extractive Industries
- By 2015 world extractive industries required 121.9 TWh of Wind energy power, close to the Vietnam power consumption by 2014 ( 125 TWh).
- By 2022 these mining industries will require 252.1 TWh Wind energy power. Higher than the consumption of Taiwan by 2015 (249.5 TWh).
Next Post
Under next article, we will analyze the requirements of Mining to Solar PV & Wind Energy World Market.
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