MARKETS & Policy
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New Jersey authorities pass resolution against Ocean Wind projects citing tourism hit
Authorities in Cape May county, New Jersey have passed a resolution opposing Ørsted's planned Ocean Wind projects and are also considering legal action.
US unsubsidised onshore wind LCOE jumps by nearly 40%
The Levelised Cost of Energy (LCOE) for unsubsidised US onshore wind has jumped nearly 40% in the last two years amid inflation and supply chain constraints but is still competitive against fossil fuels, a study claims.
WindEconomics: Will wind face more competition from nuclear?
Unlike wind and solar, the cost of nuclear power seems to actually be going up rather than down, with long and delayed completion times. Yet, some governments are looking to build more nuclear facilities as they look to replace fossil fuels and produce more energy domestically.
News and analysis
IEA: Record spending on renewables but global investment uneven
Global spending on renewable energy reached record levels in 2022 and is set to increase this year, according to a major new report by the International Energy Agency (IEA). However, clean energy spending still falls short of what is needed to reach net zero, and challenges remain with financing the energy transition.
Germany outlines strategy for 160GW onshore wind by 2035
Germany’s economy and climate minister Robert Habeck has released a strategy for achieving 160GW of installed onshore wind capacity by 2035, following a second summit with industry participants.
Tax credit uncertainty throttles Q1 onshore wind installations in US
In the first quarter of 2023, GE Renewable Energy’s turbines accounted for almost three quarters of onshore wind installations in the US, according to the latest quarterly market report from the American Clean Power Association (ACP).
Analysis: Vietnam must solve challenges to hit ‘very ambitious’ 2030 wind targets
Vietnam has set “very ambitious targets” for wind power in its new energy roadmap for this decade, but the south-east Asian country must solve several challenges to fulfil its potential, the Global Wind Energy Council (GWEC) told Windpower Monthly.
EU member states set to approve 42.5% renewables target
The European wind industry could receive much-needed support today (17 May) with EU member states set to approve rules that would bind them to sourcing at least 42.5% of their energy from renewable sources by 2030.
in depth
Time the wind industry found its ambition on gender diversity
The wind and wider renewables industry knows the value – and sometimes the challenges – of demonstrating a social licence to operate but it’s not just about engaging with community stakeholders around the development of projects.
Solving wind industry bottlenecks requires a tripartite solution
The road to net zero will rely on a massive scale-up of clean electrification – with rapid deployment of wind capacity as a centrepiece – but despite increasing momentum, there are barriers that risk slamming the brakes on the transition.
Offshore wind must live up to its sustainability credentials
Offshore wind has impeccable sustainability credentials; however, the technology’s environmental potential may be at risk if current trends continue.
US policymakers must work with industry to meet offshore wind goals
The US Department of Energy (DoE) has released its offshore wind energy strategy, which details its efforts to deploy 30GW of offshore energy by 2030 and set the country on a pathway to 110GW by 2050.
How the UK could move towards net zero with 100% renewables
The UK’s recently released net zero strategy foresees major roles for fossil fuels with carbon capture and storage as well as nuclear power. Not only is this unnecessary, it is more expensive than switching to 100% renewables, a new report argues.