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Wind is the world's fastest growing energy source with sustained worldwide growth rates in excess of 20% annually. By the end of 2014, world-wide wind-generated capacity was over 318,000 megawatts (MW). Canada set a record for wind energy development in 2014 adding 37 new projects totalling 1871 MW and now has 9,700 MW of installed capacity supplying 4% of Canada’s demand, and the Canadian market is growing as fast or faster as the global market. According to the Global Wind Energy Council, (GWEC), Canada is ranked 9th overall in installed wind generating capacity. According to the Canadian Wind Energy Association (CanWEA), we have about 50,000 MW of developable wind resource-enough to supply about 20% of Canada's electricity supply.
Improvements in technology have lowered the cost of wind generated power, so that today, wind power can compete with traditional sources of generation. Manitoba has a world-class wind resource and is well positioned to be a leader in this emerging energy. With the recent commissioning of the 138 MW St. Joseph Wind Farm and the 16.5 MW expansion of the St. Leon wind farm to 120.45 MW Manitoba now has over 258 MW of installed capacity.