The IEA predicted a record increase in land-based wind power capacity

The IEA predicted a record increase in land-based wind power capacity  Shutterstock
Katerina Belousova

Record growth in offshore wind is also likely

A new report from the International Energy Agency showed that the increase in the capacity of onshore wind farms will reach a record 70% increase to 107 GW.

During two years, there was a decline in capacity increase in the industry, reports MEA.

The report explained that this trend is due to the delay in the commissioning of projects in China due to the COVID-19 pandemic. Faster increases are also expected in Europe and the US due to supply chain issues and project commissioning delays from 2022 to 2023.iea.org

"Offshore wind growth is not expected to match the record expansion achieved two years ago due to the low volume of projects being built outside of China," the IEA emphasized.

Earlier, EcoPolitic wrote, that an analysis by clean energy researchers from BloombergNEF showed that the growth rate of the wind energy industry in 2022 dropped to its lowest level in three years. Such a slowdown is associated with a rapid increase in costs and changes in government policies.

As EcoPolitic previously reported, in June 2023, the world's wind energy capacity reached 1 TW, which took 40 years. According to forecasts of the Global Wind Energy Council, it will take 7 years to double this figure

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