Wind, Oil and Gas is Vestas' vision, which expresses the ambition of making wind an energy source on a par with fossil fuels. At the end of 2009, wind power accounted for less than 2 per cent of the world's combined electricity production. Wind power is currently the best means among renewable sources of energy
of ensuring that global temperature increases caused by CO2 emissions are kept at a maximum of two degrees. The necessity of limiting temperature increases was recognised by the UN member countries at the COP15 conference on climate change in Copenhagen, Denmark, in December 2009.
Vestas expects that, if the necessary political decisions on a national and international level to expand the power grid and appoint sites are made now, wind power can make up at least 10 per cent of total electricity production by 2020. That translates into installed wind power capacity of at least 1,000,000 MW, as compared with approx 150,000 MW at the end of 2009.
