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Offshore wind the big mover as global pipeline jumps 50% to nearly 200GW
Total capacity of global offshore wind projects that are operational, under construction or in development has jumped nearly 50 per cent since January.
Source: reneweconomy.com.au
Wind power
Offshore wind is the biggest mover in the energy industry because its costs have fallen so significantly in the last few years, as the size of turbines grew, increasing output, and technology to provide the footings and connections have improved.
Unsurprisingly, given its traditional dominance of the industry, over half of the pipeline is set for deployment across Europe, with 99.6GW, but there are increasing numbers in the Asia region.
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