Offshore wind installations lag government targets
States are ramping up targets, but complex permitting systems constrain developers’ ability to deliver projects at pace, says Global Wind Energy Council
Global installations of offshore wind power capacity are failing to keep pace with rising government targets as the sector faces challenges including complex permitting procedures, supply chain issues and an “overheating” market for seabed leases, according to industry group the Global Wind Energy Council (GWEC). Governments around the world have embarked on a “race to the top” in terms of setting offshore wind targets, but there is a widening gap between these goals and actual capacity installations, the GWEC says in its Global Wind Report 2022. “Global governments urgently need to put in place the policy and regulatory frameworks to deliver against their promises,” it says. “There is a gro
Also in this section
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth