section_path: Wind power capacity and production/Growth trends
section_name: Growth trends
paragraph_text: Growth trends
  
  In 2020, wind supplied almost 1600 TWh of electricity, which was over 5% of worldwide electrical generation and about 2% of energy consumption. With over 100 GW added during 2020, mostly in China, global installed wind power capacity reached more than 730 GW. But to help meet the Paris Agreement 's goals to limit climate change, analysts say it should expand much faster – by over 1% of electricity generation per year. Expansion of wind power is being hindered by fossil fuel subsidies.
  
  The actual amount of electric power that wind can generate is calculated by multiplying the nameplate capacity by the capacity factor, which varies according to equipment and location. Estimates of the capacity factors for wind installations are in the range of 35% to 44%.