Offshore wind industry growth falling short of net zero goals

More giant offshore turbines were installed in 2021 than in any previous year, with 21.1 gigawatts of capacity connected to the grid, the GWEC's 2022 global offshore wind report said.

It also undershoots a much lower 2030 target set by the GWEC with the International Renewable Energy Agency, for 380 GW by 2030, which the GWEC said would require "a gargantuan effort" to meet. Offshore wind remains competitive with fossil fuels, but there is a growing gap between installations and targets, the report said.

GWEC referred to fellow trade group Wind Europe's February calculation that the European Union is on track to install only about half the new wind capacity it needs to reach its target for renewable generation in the power system by 2030.

'the gap between ambition and reality appears to be widening,'. 'The gap between fantasy and reality appears to be widening' - There fixed it for you!

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ukraine taps European energy market as Kyiv begins exporting electricityUkraine has gained access to the European energy market in a move that will allow it to export and import electricity as Europe looks to cut ties with Russia.
Source: FoxBusiness - 🏆 458. / 53 Read more »