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OREAC: 1,400 GW of offshore wind is possible by 2050, and will be key for green recovery

On World Ocean Day, the Ocean Renewable Energy Action Coalition (OREAC) has announced its vision for 1,400 GW of offshore wind globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. This ambition goes beyond current offshore wind forecasts, but is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition.

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Industry Pulse: India Wind Targets Are Sensitive to Policy and Regulations

India is the world’s fourth-largest onshore wind market by installations, with 37.5 GW of capacity as of 2019. Technical potential at 120-metre hub height is a whopping 695 GW, according the National Institute of Wind Energy, and the government has set a wind capacity target of 60 GW by 2022 and 140 GW by 2030. Wind is already the second most competitive energy source on India’s grid.

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