The long Covid lockdown seems to have had little effect on China’s electricity generation growth. In 2021, total generation increased by about 750 TWh (that’s around 1.3 times Germany's absolute total). Solar PV capacity grew by 53 GW last year (equal to the total installed solar capacity in Germany). Half of all offshore wind turbines installed worldwide in 2021 were off the coast of China: the strong additions were accelerated by the January … [Read more...]
New U.S. Offshore Wind target: from standing start to 30GW by 2030
In March, the Biden administration announced a bold target to deploy 30GW of offshore wind capacity by 2030. Until now, offshore wind’s rise has been driven almost exclusively by Europe and China. The U.S. accounts for just 0.1% of the world’s installed capacity (versus 17% for onshore wind). Why the hold up, given the U.S. could require up to 400GW of offshore wind by 2050? As Stephen Naimoli and Nikos Tsafos at CSIS explain, offshore costs … [Read more...]
What is making Denmark a decarbonisation success? Policy, society, geography
Denmark is proving itself to be a decarbonisation leader, happy to turn its back on its history of oil and gas production and heavy reliance on coal. Its ambitious goal of cutting GHG emissions by 70% by 2030 makes it a global policy frontrunner, second only to Finland which aims to be climate neutral by 2035. Thibault Menu references his report for IFRI that asks what makes Denmark special. It has a long tradition of  providing stability and … [Read more...]
Interview Joe Phillips, DNV GL: “For offshore wind there is only one way forward: together”
“Offshore wind offers great promise but the industry is at a very delicate stage now. We can’t afford to make mistakes in construction that lead to cost overruns,” warns Joe Phillips, Head of Strategy & Policy for Renewables at DNV GL, one of the largest technical energy consultancies in the world. DNV GL has recently issued an “offshore wind cost reduction manifesto” that commits the company to help reduce costs in the sector by 25% and … [Read more...]
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