With offshore wind capacity set to increase by more than six-fold by 2040, Europe will be the powerhouse behind the strong growth of this sector in the next twenty years, despite significant growth in China, predicts a report by the International Energy Agency (IEA) published on 25 October.
According to this document, the European Union's offshore wind capacity is expected to increase from nearly 20 gigawatts (GW) to about 130 GW by 2040. If the EU meets its carbon neutrality targets, this...