Wind is used to produce electricity by converting the kinetic energy of air in motion into electricity. In modern wind turbines, wind rotates the rotor blades, which convert kinetic energy into rotational energy. This rotational energy is transferred by a shaft which to the generator, thereby producing electrical energy.
Both onshore and offshore wind still have tremendous potential for greater deployment and improvement, globally.
Wind turbine capacity has increased over time. In 1985, typical turbines had a rated capacity of 0.05 MW and a rotor diameter of 15 metres. Today’s new wind power projects have a turbine capacity in the 3-4 MW range onshore and 8-12 MW offshore.
As the technology has improved and scaled up, costs have fallen and capacity factors have risen. Between 2010 and 2020, the global weighted-average levelised cost of electricity (LCOE) of onshore wind fell by 56%, from USD 0.089/kWh to USD 0.039/kWh. Over the same period, the LCOE of newly commissioned offshore wind projects fell by around half (48%).
The amount of power that can be harvested from wind depends on the size of the turbine and the length of its blades. The output is proportional to the dimensions of the rotor and to the cube of the wind speed. Theoretically, when wind speed doubles, the wind power potential increases by a factor of eight.