Renewable energy trends and developments powering a cleaner future
IBM Services
MARCH 8, 2024
Offshore wind projects have been especially vulnerable: In 2023, in the US and UK alone, developers canceled offshore projects with total capacity of 15 gigawatts (GW). In the same year, nine European countries announced plans to increase offshore wind power capacity to over 120 GW by 2030 and over 300 GW by 2050.
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