Wind energy is recovering from a 2022 slump

-
Rows of wind turbines rising above the sea.
Aerial view of an offshore wind farm on July 2nd, 2022, in Zhoushan, Zhejiang Province of China. | Photo by Yao Feng / VCG via Getty Images

The wind energy industry is recovering from a worrying slump in 2022, according to a new report from BloombergNEF. Growth in global capacity — encompassing offshore and onshore wind — dropped 15 percent last year. The decline in new offshore wind installations was more stark, falling 46 percent from 2021.

Until last year, winds looked favorable for the industry. Turbines have gotten significantly cheaper over the past couple decades. Governments are setting targets to bring more renewable energy online. And within a few years, renewable sources of electricity like wind and solar are expected to dominate global power sector growth.

Nevertheless, after two years of record growth at the start of the decade, supply chain constraints and...

Continue reading…



source https://www.theverge.com/2023/3/23/23653317/wind-energy-recovery-inflation-tax-subsidies

Comments

Post a Comment

Popular posts from this blog

In a world first, China lands a spacecraft gently on the Moon’s far side

-
Image
This evening, China became the first nation to land a spacecraft gently on the far side of the Moon, according to China Global Television Network America . A Chinese robotic lander and rover, which launched from China in early December, descended into a crater on the side of the Moon that’s always facing away from Earth. The touchdown marks a significant technological feat for the country, and puts China in an elite category of spaceflight achievement all its own. The landing is part of China’s Chang’e-4 mission — one of a series of planned missions to explore the lunar surface. Prior to this program, China sent a lander and a rover to the Moon, making it the third country to ever softly land on the lunar surface. That lander, part of the... Continue reading… source https://www.theverge.com/2019/1/2/18165807/china-change-4-mission-lunar-lander-rover-moon-farside
Read more

Snap suspends two anonymous messaging apps after cyberbullying lawsuit

-
Image
Images from Yolo’s now-removed App Store listing. | Image: Yolo Technologies Snap will suspend two anonymous messaging integrations from Snapchat after a lawsuit sought to hold them responsible for a teenager’s death, the Los Angeles Times reports . The lawsuit was filed on Monday by Kristin Bride, the mother of a teenager who died by suicide in June after being bullied on the two apps. “In light of the serious allegations raised by the lawsuit, and out of an abundance of caution for the safety of the Snapchat community, we are suspending both Yolo and LMK’s Snap Kit integrations while we investigate these claims,” a spokesperson for Snap said in a statement. Representatives for the two apps, Yolo and LMK, did not immediately respond to The Verge ’s request for comment. “We are suspending both Yolo and LMK’s Snap... Continue reading… source https://www.theverge.com/2021/5/12/22431883/snap-inc-snapchat-anonymous-messaging-qa-lawsuit-teenager-death
Read more