The world is growing. It is estimated that by 2050 there will be 9 billion people. It takes large amounts of energy to develop a modern society and the world’s energy consumption is expected to double from 2002 to 2030*.
How long can fossil fuels last?
One of the central questions that come up when people look at current developments is: How long can conventional energy forms last? No one has a definitive answer, but with current energy demand we are already using significantly more fossil fuels than we are finding. Sooner or later we will become dependent upon energy sources such as biofuels, sun, water, hydrogen – and wind.
There are several reasons why wind is an important source of energy:
- Wind is an unlimited resource
- Wind power can compete with fossil energy sources if the comparison is made on equal terms
- Wind power contributes to a higher degree of self-sufficiency
- Wind power makes it possible to establish a large number of MW in a relatively short time
- Wind power is a CO2- neutral form of energy and is proactive in reducing greenhouse gas emissions
Our vision: Wind, Oil and Gas
In 2005 Vestas presented a new vision: Wind, Oil and Gas. As No. 1 in modern energy, this vision expresses our aim to make wind energy the preferred supplement to oil and gas.
*Source: The International Energy Agency (IEA), “World Energy Outlook 2002,” Paris, 2003.