{"id":1489,"date":"2016-07-12T11:08:35","date_gmt":"2016-07-12T02:08:35","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=1489"},"modified":"2023-02-28T15:01:25","modified_gmt":"2023-02-28T06:01:25","slug":"going-green-how-wind-is-set-to-power-the-future","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2016-07-going-green-how-wind-is-set-to-power-the-future\/","title":{"rendered":"Going Green: How Wind Is Set to Power the Future"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1489\" class=\"elementor elementor-1489\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-59fe34f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"59fe34f9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19329315\" data-id=\"19329315\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2237863 elementor-widget elementor-widget-text-editor\" data-id=\"2237863\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The world\u2019s population is growing fast, at a rate of over 1.1 percent per year. In fact, perhaps the only thing growing faster is our thirst for energy consumption.<\/p><p><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text ); background-color: var(--ast-global-color-5);\">As we become more numerous and affluent, our energy needs have risen by six times in the last 50 years, according to media outlet\u00a0<\/span><em style=\"font-weight: inherit; color: var( --e-global-color-text ); background-color: var(--ast-global-color-5);\">The Guardian<\/em><em style=\"font-weight: inherit; color: var( --e-global-color-text ); background-color: var(--ast-global-color-5);\">.<\/em><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text ); background-color: var(--ast-global-color-5);\">\u00a0Almost everything we do in the digital age is powered by electricity. As concerns over fossil fuel-based energy grow, most countries are looking instead to invest in clean and alternative sources of power.<\/span><\/p><p><span style=\"font-style: inherit; font-weight: inherit; color: var( --e-global-color-text ); background-color: var(--ast-global-color-5);\">Although experts are divided over when exactly we will run out of oil, gas and coal, there is no disputing the fact that these three resources are finite, and that using them releases often harmful emissions. This is why, instead of converting exhaustible resources to power, scientists have been developing solutions that make use of renewable sources \u2013 such as wind power.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ae1b47 elementor-widget elementor-widget-heading\" data-id=\"6ae1b47\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Winds of Change<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e420b68 elementor-widget elementor-widget-text-editor\" data-id=\"e420b68\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Although the term wind power has only entered common usage recently, civilization has been harnessing energy from the wind for centuries. Just looking at a wind turbine, you can see how its construction was directly influenced by the windmill.<\/p><p>Historians in Asia have uncovered evidence dating back to around 200 BC that proves people on the continent used crude windmills to pump water. By the 11<sup>th<\/sup>-century, complex woven reed sail windmills had become widespread in the Middle East.<\/p><p>In the Middle Ages, Western European crusaders took inspiration from the windmills they saw on their military campaigns in the Levant, giving rise to a European interest in the technology.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7dbda4 elementor-widget elementor-widget-image\" data-id=\"d7dbda4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2016\/07\/ready01-5-1.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"ready01-5\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzMzMjIsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMTZcLzA3XC9yZWFkeTAxLTUtMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"325\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/ready01-5-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-33322\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/ready01-5-1.jpg 1300w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/ready01-5-1-300x127.jpg 300w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/ready01-5-1-1024x433.jpg 1024w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3816b7 elementor-widget elementor-widget-text-editor\" data-id=\"d3816b7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Northern and Central Europeans in particular embraced the use of windmill innovations. The Netherlands is still well-known for its distinctive windmills. The 18<sup>th<\/sup>-century mills at Kinderdijk are some of the most famous in the world, and have been collectively classified as a UNESCO World Heritage Site.<\/p><p>During the mid-1900s, scientists started to give serious consideration to the concept of using the wind to do more than grind grain or drive underground water to the surface. They began to explore ways of using gigantic rotatable blades to generate electrical energy. Engineers in the United States, for example, developed a 1.25 MW turbine in Vermont that provided power to the region during World War II.<\/p><p>Modern wind turbines have come a long way. The European Wind Energy Association says an average unit can nowadays produce more than 5 million kWh of electricity per year. Roughly speaking, that is enough energy to power about 1,500 European households.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b81ee7 elementor-widget elementor-widget-heading\" data-id=\"7b81ee7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Pressing Need<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db0cc59 elementor-widget elementor-widget-text-editor\" data-id=\"db0cc59\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Now that the technology is in place, environment and energy experts alike insist that the need to implement renewable energy solutions is pressing. Even though the global power industry has been divided on specifics for some time, most agree that the time for action is already upon us.<\/p><p>The International Energy Agency says, \u201cFor every US$1 of investment in cleaner technology that is avoided in the power sector before 2020, an additional US$4.30 would need to be spent after 2020 to compensate for the increased emissions.\u201d<\/p><p>Fortunately, it seems that the outlook for renewable power is now looking brighter than ever.<\/p><p>Major political leaders are starting to make firm promises about the near-present that will require immediate action. At the recent \u2018Three Amigos Summit\u2019 in Ottawa, Canada, U.S. President Barak Obama, Canadian Prime Minister Justin Trudeau and Mexican head of state Enrique Pe\u00f1a\u00a0Nieto agreed that the three countries would ensure 50 percent of North America\u2019s electricity comes from renewable sources by 2025.<\/p><p>With commitments of this sort becoming the norm, large-scale wind farms are now springing up all over the planet. Samsung C&amp;T is at the heart of a three-phase project involving both\u00a0<a href=\"https:\/\/news.samsungcnt.com\/en\/canadian-wind-and-solar-farms-offer-a-breath-of-fresh-air\/\">wind and solar power generation in Ontario, Canada<\/a>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ee0093 elementor-widget elementor-widget-image\" data-id=\"2ee0093\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2016\/07\/ready02-7-1.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"ready02-7\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzMzMjMsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMTZcLzA3XC9yZWFkeTAyLTctMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"325\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/ready02-7-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-33323\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/ready02-7-1.jpg 1300w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/ready02-7-1-300x127.jpg 300w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/ready02-7-1-1024x433.jpg 1024w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9dfcb0 elementor-widget elementor-widget-text-editor\" data-id=\"e9dfcb0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Meanwhile, off the coast of Scotland, engineers are beginning work on what will be the world\u2019s first floating wind farm, harnessing sea winds that average at over 35km per hour. Aberdeen Institute of Energy director Paul Mitchell calls the development of offshore wind farms of this sort \u201ca potential game-changer for the industry.\u201d<\/p><p>Elsewhere in Europe, Portugal has added 550 MW of wind capacity since 2013. Earlier this year, the country successfully proved it could\u00a0<a href=\"https:\/\/www.theguardian.com\/environment\/2016\/may\/18\/portugal-runs-for-four-days-straight-on-renewable-energy-alone\">run on renewable energy alone for a total of four days<\/a>.<\/p><p>China installed a whopping 30.8 GW worth of wind power capacity in 2014 alone, more than the whole industry installed in 2008. The country is also notably home to the Gansu Wind Farm, the largest in the world. Plans are afoot that will see Gansu almost triple its power output by the year 2020. The Global Wind Energy Council stated in last year\u2019s Global Wind Report, \u201cThe Chinese industry continues to amaze.\u201d<\/p><p>Many claim that even lower fossil fuel prices do not provide an obstacle to the development of wind and other renewable forms of energy.\u00a0<a href=\"http:\/\/www.bloomberg.com\/company\/new-energy-outlook\/#findings\">Bloomberg New Energy Finance this year stated<\/a>, \u201cCheaper coal and cheaper gas will not derail the transformation and decarbonization of the world\u2019s power systems. By 2040, zero-emission energy sources will make up 60 percent of installed capacity. Wind and solar will account for 64 percent of the 8.6 terawatts of new power generating capacity added worldwide over the next 25 years, and for almost 60 percent of the US$11.4 trillion invested.\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ccf58a5 elementor-widget elementor-widget-heading\" data-id=\"ccf58a5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Price-effective Solutions<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d61ff56 elementor-widget elementor-widget-text-editor\" data-id=\"d61ff56\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Cost-wise, using wind power makes a lot of sense both in the short and long term. For many years, the prohibitively high cost of manufacturing wind turbines was used by wind power critics as a justification for berating it.<\/p><p>However, this is no longer the case. In South Africa, units of electricity from coal plants can cost up to 25 percent more than wind-generated power, according to figures released by the Economy of Regions Learning Network. Wind power in Australia can now be supplied at a cheaper price than newer coal or natural gas plants. Other countries are reporting similar findings.<\/p><p>Wind farms require no input costs, can operate 24 hours a day (after all, wind does not stop blowing at night) and call for no further investment once up and running \u2013 factors that go a long way toward proving wind power\u2019s energy efficiency.<\/p><p>Global Wind Energy Council Secretary General Steve Sawyer says, \u201cWind power is now mainstream, supplying competitive, reliable and clean energy to fuel economic growth, and to cut emissions in established economies.\u201d<\/p><p>It appears that the jury is no longer out on wind energy. In fact, it seems like it has instead delivered an almost unanimous verdict. As we slowly faze out our fossil fuel usage, wind is stepping up to the plate \u2013 ready to power the future.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ad7d7f2 elementor-widget elementor-widget-image\" data-id=\"ad7d7f2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2016\/07\/0712_windenergy-1.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"0712_windenergy\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzMzMjQsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMTZcLzA3XC8wNzEyX3dpbmRlbmVyZ3ktMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"807\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/0712_windenergy-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-33324\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/0712_windenergy-1.jpg 1300w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/0712_windenergy-1-286x300.jpg 286w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2016\/07\/0712_windenergy-1-975x1024.jpg 975w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The world\u2019s population is growing fast, at a rate of over 1.1 percent per year. In fact, perhaps the only thing growing faster is our thirst for energy consumption. As we become more numerous and affluent, our energy needs have risen by six times in the last 50 years, according to media outlet\u00a0The Guardian.\u00a0Almost everything [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[3384,3385,3386,3190,3387,987,3388,2875,2932,3389,187,3390,3391,3392],"class_list":["post-1489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment","tag-fossilfuelprices","tag-kinderdijk","tag-price-effectivewindenergy","tag-renewableenergy","tag-renewableenergysolutions","tag-samsungct","tag-samsungctwindfarm","tag-samsungcnt","tag-samsungtrading","tag-samsungwindfarm","tag-trading","tag-windandsolarpower","tag-windfarm","tag-windpower"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Going Green: How Wind Is Set to Power the Future - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2016-07-going-green-how-wind-is-set-to-power-the-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Going Green: How Wind Is Set to Power the Future - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"The world\u2019s population is growing fast, at a rate of over 1.1 percent per year. In fact, perhaps the only thing growing faster is our thirst for energy consumption. 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