With the global recognition of the climate crisis, concerns over local air pollution and energy security, improvements in technology and costs, and the need for energy portfolio diversification, wind energy is expanding worldwide and is expected to provide up to 10% of electricity demand by 2020.
The estimated wind energy potential in Asia is in millions of MW (per National Renewable Energy Laboratory (NREL) estimate and others) and, currently, very little electricity is produced from wind in Asia, with the exception of China and India. Asia now has the technologies, manufacturing capacity, design experiences, and operations and maintenance expertise to develop and manage large scale wind farms, with cost advantages.
The time is right for a quantum leap in wind.
Under the Clean Energy Program, the Quantum Leap in Wind Power Development Initiative aims to:
- Provide access to clean and affordable energy
- Reach more than 5 million people
- Target 1 GW wind in Asia (excluding PRC and India) in 5 years
- 2 million tons per year reduction in CO2
- Promote and build capacity for wind and other renewable energy
- Expanding to the Asia and Pacific market will encourage competition and technological innovation
Quantum leap to wind energy
The Quantum Leap in Wind Power Development in Asia and the Pacific (QLW) is a regional capacity development technical assistance (TA) of ADB under the Energy (renewable energy) sector.
In three years (2012 – 2014), QLW will:
- Draw up wind energy development road maps for better planning and facilitating public private partnerships in participating developing member countries;
- Assess wind resources in three countries (Mongolia, the Philippines, and Sri Lanka) to reduce start-up time and manage resource risk;
- Manage regional knowledge and build capacity to facilitate the transfer of knowledge and regional cooperation;
- Prepare pre-feasibility studies, and,
- Develop business and financing models to make wind projects in participating countries more bankable.
TA activities will be coordinated with the ongoing Asia Solar Energy Initiative, the Clean Energy and Network Efficiency Improvement Project for Sri Lanka, the proposed Transfer and Diffusion of Low-Carbon Technologies cluster TA, and other related ADB projects.