GWEC: Offshore Wind Set For Global Expansion




offshoreWind.biz

Cumulative installed wind power capacity will top 800GW by the end of 2021, with offshore wind establishing a firmer foothold outside Europe in the next several years, according to a report by the Global Wind Energy Council (GWEC). 

Europe’s steady if unspectacular march towards its 2020 targets has been given a big boost by the year’s most exciting new development: the dramatic price reductions for offshore wind, GWEC said in its Global Wind Report: Annual Market Update.