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Wind’s Future Is Looking More Turbulent Than Ever – EQ Mag

Wind’s Future Is Looking More Turbulent Than Ever – EQ Mag

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The world’s demand for clean energy is very strong, but the supply side is a mess that has yet to be untangled.

In the wind power industry, it is the best of times, and the worst of times.

Across major economies, accelerated energy transition plans are turbocharging the technology. In the US, wind generation will roughly double to duke it out with gas as America’s top generation source by 2030, the Energy Information Administration wrote last month. The Biden administration wants to see 30 gigawatts of offshore wind by that date. Europe wants to have more than twice that level in the North Sea by then, too, while China may install three times the amount…Read More...

Source: Bloomberg
Anand Gupta Editor - EQ Int'l Media Network